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The settlement covers nationwide litigation brought by depositors who said they missed out on higher earnings due to the bank ...
The tentative settlement represents a step toward resolving an issue that hung over Capital One's acquisition of Discover.
Capital One Financial Corporation COF has agreed to pay $425 million to settle a lawsuit accusing it of deceiving savings ...
Capital One reached a $425 million settlement in order to end a nationwide class-action lawsuit. Capital One allegedly ...
On Friday, just before closing the $35.3 billion acquisition of Discover Financial Services, Capital One Financial came to settlement terms with customers who were suing the McLean bank. If the ...
The $425 million would represent restitution to class-action plaintiffs who allege Capital One concealed certain details to ...
The lawsuit claims the banks failed to tell customers they could switch accounts for better returns Capital One has agreed to ...
Under the deal, Capital One will pay $300 million to a class of people who opened a 360 Savings account since Sept. 18, 2019 to cover the interest they would have earned had they instead opened a 360 ...
The acquisition, originally announced in February 2024, was expected to boost Capital One’s standing in the credit card ...
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