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US financial giant Capital One will hand $425 million to customers in a massive class action settlement. Account holders ...
The $425 million would represent restitution to class-action plaintiffs who allege Capital One concealed certain details 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 tentative settlement represents a step toward resolving an issue that hung over Capital One's acquisition of Discover.
Depositors said the bank cheated them out of higher interest rates. As part of the settlement, the bank admitted no ...
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Letitia James’s lawsuit claimed Capital One promised depositors one of the country’s highest interest rates on their 360 ...
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Daily Voice on MSNNY AG Sues Capital One Over $2B+ Savings Scheme After Trump's CFPB Dropped CaseNew York's attorney general is reviving a major consumer protection case that federal regulators dropped shortly after ...
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 ...
NY Attorney General sues Capital One for allegedly using deceptive practices, depriving customers of promised interest by ...
Capital One then launched a new high-interest savings product in 2019, which it called "360 Performance Savings." At the time, the 360 Savings account paid 1% annual percentage yield, while the ...
NEW YORK (Reuters) -Capital One was sued on Wednesday by New York Attorney General Letitia James, who accused the bank of ...
Typically, it’s online banks. For instance, EverBank Performance Savings is one of our best high-yield savings accounts and offers a yield of 4.30%. Online banks don’t have the substantial ...
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