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 ...

The tentative settlement represents a step toward resolving an issue that hung over Capital One's acquisition of Discover.

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 ...

Letitia James’s lawsuit claimed Capital One promised depositors one of the country’s highest interest rates on their 360 ...

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 ...

Capital One then launched a new high-interest savings product in 2019, which it called "360 Performance Savings." At the time, the 360 Savings account paid 1% annual percentage yield, while the ...

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

Depositors said Capital One falsely promised high interest rates on its 360 Savings accounts while quietly offering much better rates to new customers on the similarly named 360 Performance ...

The 360 Savings depositors said Capital One froze their rates at 0.3% while offering rates to 360 Performance Savings depositors that peaked at 4.35% early last year.