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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 ...
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Capital One Sued by CFPB Over Its Savings AccountsThe Consumer Financial Protection Bureau is suing Capital One, alleging the bank misled some of its customers by not paying them the rate it advertises on its main savings account. The lawsuit ...
The lawsuit relates to a change Capital One made in the era of low rates, which The Wall Street Journal previously reported on.
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 ...
In response, Capital One said that it strongly disagreed with the CFPB's allegations and plans to “vigorously defend” itself in court. The banking giant added that it was “deeply ...
Capital One Financial Corp. negligently failed to protect the personal information of thousands of consumers after a nine-month data breach exposed their data, a proposed federal class action said.
The Consumer Financial Protection Bureau will have to declare whether its lawsuit over Capital One Financial Corp.’s savings ...
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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