Capital One is sued by US regulator for avoiding billions in interest payments
Capital One was sued on Tuesday by the U.S. Consumer Financial Protection Bureau, which accused the bank of illegally avoiding the payment of more than $2 billion in interest to consumers who held its flagship "high interest" savings account.
Capital One Accused of Misleading Customers on Savings Rates
Capital One Financial Corp. misled customers when it rolled out a new savings account with a higher interest rate it didn’t also give to existing savings accounts, the Consumer Financial Protection Bureau said Tuesday in a lawsuit against the bank.
The Consumer Financial Protection Bureau sues financial firm for keeping customers in the dark about a higher-yielding ...
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U.S. Accuses Capital One Of ‘Cheating’ Savings Account Holders Out Of $2 Billion In InterestsFinancial regulators on Tuesday accused Capital One of “cheating” millions of customers of more than $2 billion in ...
Capital One (NYSE: COF) stock has fared well, rising by about 36% since early 2024. This compares to the S&P 500 which ...
Capital One (COF) and Discover Financial (DFS) announced last night the filing of the joint proxy statement and prospectus relating to the ...
If you depend on your Capital One credit card as your primary payment method, you'll likely eventually be ported over to the ...
HSBC analyst Saul Martinez upgraded Capital One Financial (NYSE:COF) stock to Hold from Reduce on the view that the company ...
The lawsuit follows similar cases in which influencers sued PayPal's Honey. Both Capital One and PayPal deny the allegations.
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