The ruling forces the financial company back to negotiations with depositors who claim they lost millions in interest.
Econostrum on MSN
Capital One Faces Major Setback as Judge Rejects $425 Million PayoutThe settlement, intended to resolve claims that Capital One kept its 360 Savings accounts at a 0.3% interest rate while ...
A federal judge rejected Capital One's $425 million settlement with depositors who said they were cheated out of high ...
Wilmer Cutler Pickering Hale and Dorr, a General Litigation Department of the Year finalist, earned recent victories ...
PennyGem on MSN
$425M Capital One Payout Opens Door to $6B Bank Industry Claims – Biggest Savings SettlementIn a case shaking the banking industry, Capital One has agreed to pay $425 million to settle claims that it systematically ...
Capital One must reengage in settlement talks with lawyers for savings-account holders after a judge found that an agreement ...
Capital One is settling a class action lawsuit brought against the bank holding company for allegedly freezing its savings account rates for several years, effectively barring customers from bagging ...
Do you bank with Capital One? You could be owed some money. Capital One was sued in a class-action lawsuit alleging that it misled holders of its 360 Savings accounts by failing to update interest ...
(Reuters) -Capital One sued the Federal Deposit Insurance Corporation, accusing the U.S. regulator of imposing an excessive $474.1 million special assessment to recoup losses to its deposit insurance ...
*The National Association for the Advancement of Colored People, Houston Branch (“NAACP”), League of United Latin American Citizens, District VIII (“LULAC”) and a former bank employee have filed a ...
Last week, Capital One COF sued the Federal Deposit Insurance Corp. (FDIC) for levying an “outsized and improperly calculated” special assessment fee of $474.1 million to refill its Deposit Insurance ...
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