Capital One Financial Corporation COF has agreed to pay $425 million to settle a lawsuit accusing it of deceiving savings ...

The $425 million would represent restitution to class-action plaintiffs who allege Capital One concealed certain details to ...

US financial giant Capital One will hand $425 million to customers in a massive class action settlement. Account holders ...

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 ...

Depositors said the bank cheated them out of higher interest rates. As part of the settlement, the bank admitted no ...

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 ...

New York AG Letitia James sues Capital One for deceptive savings account tactics that cost customers millions.

REUTERS She said Capital One also kept those depositors in the dark in September 2019 when it launched 360 Performance Savings accounts, whose interest rates peaked at 4.35%. James said Capital ...

NEW YORK (Reuters) -Capital One was sued on Wednesday by New York Attorney General Letitia James, who accused the bank of ...

“Capital One created confusion so that 360 Savings customers wouldn’t realize that their accounts were obsolete and wouldn’t know that they had to open new 360 Performance Savings accounts ...

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 ...

(Reuters) -Capital One has agreed to pay $425 million to settle nationwide litigation accusing it of cheating savings account depositors out of much higher interest rates by not telling them they ...