Tuesday's lawsuit seeks civil fines ... of filing eleventh-hour lawsuits ahead of a change in administration," Capital One said in a statement. "We strongly disagree with their claims and will ...
Capital One was sued on Tuesday by the US Consumer Financial Protection Bureau, which accused the bank of illegally cheating customers who held its flagship “high interest” savings account out ...
Listen to this article A lot has happened since Jan. 20, as the Trump White House employs “shock and awe” tactics at lightning speed. Among the consequences is the shutdown of the Consumer Financial ...
Capital One was sued by the Consumer Financial Protection Bureau for allegedly misleading consumers about its offerings for high-interest savings accounts. As a result, customers lost more than $2 ...
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Capital One sued for 'cheating' customers out of billions in interest on savings accountsThe Consumer Financial Protection Bureau sued Capital One (COF) on Tuesday for allegedly “cheating” people out of billions of dollars in interest payments on savings accounts. The regulator ...
The deal spread in Capital One's (NYSE:COF) planned $35 billion acquisition of Discover Financial (DFS) widened on Wednesday, amid a report about a potential state lawsuit aimed at blocking the mega ...
The claims first came to light in a class-action lawsuit filed by savings account customers in 2023. Capital One Financial Corp. has been hit with a lawsuit from the Consumer Financial Protection ...
In the lawsuit, the U.S. government’s consumer watchdog agency accused Capital One of freezing its 360 Savings account’s annual percentage yield (APY) at a low level as rates rose nationwide ...
(RTTNews) - The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Capital One, N.A., and its parent holding company, Capital One Financial Corp., alleging that the company ...
The lawsuit relates to a change Capital One made in the era of low rates, which The Wall Street Journal previously reported on.
A U.S. watchdog is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts — and “cheating” customers out of more than $2 billion in lost ...
Capital One is being sued by the U.S. government’s consumer watchdog agency for “cheating millions of consumers” and not paying more than $2 billion in interest to holders of its high ...
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