A U.S. watchdog is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings ...
The Consumer Financial Protection Bureau sues financial firm for keeping customers in the dark about a higher-yielding ...
We strongly disagree with their claims and will vigorously defend ourselves in court.”Capital One stock rose 1.7% on ...
Despite its relatively low interest rate, the CFPB alleged, the 360 Savings account was advertised as a high-interest savings ...
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 was sued on Tuesday by the U.S. Consumer Financial Protection Bureau, which accused the bank of illegally ...
Federal regulators said in a lawsuit on Tuesday that the giant bank deliberately underpaid savings account interest, even as ...
The bank didn't give some existing customers the higher rates it was offering new customers, the agency alleged. The bank ...
The complaint says Capital One promised depositors that their 360 Savings account provided one of the nation’s “top,” “best” and “highest” interest rates, ...
The CFPB accuses Capital One of freezing interest rates on its "360 Savings" accounts, costing consumers over $2 billion ...
Capital One has been sued by the Consumer Financial Protection Bureau (CFPB) for allegedly "cheating" millions of customers ...