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CFPB Sues Capital One, Alleging $2 Billion in Lost Savings for Customers
The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Capital One, accusing the bank of misleading ...
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U.S. watchdog sues Capital One, alleging bank cheated customers out of $2 billion
The CFPB claims Capital One intentionally kept news of its higher-yield savings accounts from members with lower-yield ...
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Capital One accused of ‘cheating millions of customers’ out of interest rate payments
Capital One is being sued by the US government’s consumer watchdog agency for “cheating millions of consumers” and not paying ...
Capital One Is Sued by CFPB. Why It Won’t Affect Discover Acquisition.
We strongly disagree with their claims and will vigorously defend ourselves in court.”Capital One stock rose 1.7% on ...
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Capital One sued by US watchdog alleging bank cheated customers out of $2B
A U.S. watchdog is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings ...
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CFPB: Capital One Cheated 360 Savings Customers On Interest
The federal government is suing Captial One, accusing the banking giant of deceiving consumers and withholding more than $2 billion in interest payments on savings accounts. The Consumer Financial ...
Forbes Daily: Capital One Accused Of ‘Cheating’ Customers Out Of $2B
Wednesday's Forbes Daily features a promising norovirus vaccine, Trump's proposed "External Revenue Service," TikTok's price ...
Capital One cheated customers out of $2 billion by keeping deposits in lower-yield accounts, CFPB says
Capital One Financial Corp. allegedly cheated customers out of $2 billion by keeping them in the dark about a savings program offering higher interest rates on their deposits, the Consumer Financial ...
CFPB sues Capital One alleging it cheated customers out of over $2 billion in interest
Despite its relatively low interest rate, the CFPB alleged, the 360 Savings account was advertised as a high-interest savings ...