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 ...
The Consumer Financial Protection Bureau will have to declare whether its lawsuit over Capital One Financial Corp.’s savings ...
A U.S. watchdog is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings ...
In a research note, TD Cowen analyst Jaret Seiberg said the CFPB lawsuit should not affect Capital One's proposed $35.3-billion purchase of credit-card rival Discover Financial Services (DFS.N ...
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 ...
Hosted on MSN25d
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 ...
Federal regulators said in a lawsuit on Tuesday that the giant bank deliberately underpaid savings account interest, even as rates rose. By Rob Copeland The advertisement from Capital One had many ...
(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 ...
Hosted on MSN25d
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 ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results