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COF Faces State Opposition to $425M Saver Settlement in Court
美国第一资本金融美国第一资本金融(US:COF) ZACKS·2025-09-25 16:26

Key Takeaways Eighteen states seek rejection of Capital One's 425Msettlementwith360Savingsdepositors.Statesarguethedealunderpayscustomerswhohavelostbillionsininterestsince2019.ANov.6hearingwilldecideonfinalapproval,aslegalchallengesriseforCapitalOne.Abipartisangroupof18U.S.stateshasproposedtherejectionofCapitalOne’s(COF)425M settlement with 360 Savings depositors.States argue the deal underpays customers who have lost billions in interest since 2019.A Nov. 6 hearing will decide on final approval, as legal challenges rise for Capital One.A bipartisan group of 18 U.S. states has proposed the rejection of Capital One’s (COF) 425 million settlement deal with depositors who accused the bank of using deceptive practices to make them think that they were earning the ...