Capital One lawsuit: Millions of customers could get payout after judge approves $425 million settlement – ABC7 Los Angeles
LOS ANGELES (KABC) — Millions of Capital One customers could soon see a boost to their bank accounts after a federal judge approved a $425 million lawsuit settlement following a two-year court battle.
The bank was accused of steering customers away from savings accounts that offered higher interest rates.
The settlement applies to customers who had a Capital One 360 savings account between September 2019 and June 2025.
The judge rejected an initial settlement last November for not fairly compensating customers. To learn more, click here, or visit https://capitalone360savingsaccountlitigation.com/.
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This article was autogenerated from a news feed from CDO TIMES selected high quality news and research sources. There was no editorial review conducted beyond that by CDO TIMES staff. Need help with any of the topics in our articles? Schedule your free CDO TIMES Tech Navigator call today to stay ahead of the curve and gain insider advantages to propel your business!
The bank was accused of steering customers away from savings accounts that offered higher interest rates.
The settlement applies to customers who had a Capital One 360 savings account between September 2019 and June 2025.
The judge rejected an initial settlement last November for not fairly compensating customers. To learn more, click here, or visit https://capitalone360savingsaccountlitigation.com/.
source
This article was autogenerated from a news feed from CDO TIMES selected high quality news and research sources. There was no editorial review conducted beyond that by CDO TIMES staff. Need help with any of the topics in our articles? Schedule your free CDO TIMES Tech Navigator call today to stay ahead of the curve and gain insider advantages to propel your business!
