The 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 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 ...
The lawsuit relates to a change Capital One made in the era of low rates, which The Wall Street Journal previously reported on.
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 ...