“The CFPB is suing Capital One for cheating families out of billions ... CFPB continue its recent pattern of filing eleventh hour lawsuits ahead of a change in administration.

The CFPB's lawsuit asserts that Capital One failed to adequately inform 360 Savings account holders about the more profitable “360 Performance Savings” account. This lack of transparency is ...

The CFPB lawsuit, filed Tuesday in the U.S. District Court for the Eastern District of Virginia, comes some two months after the $486 billion-asset Capital One (NYSE: COF) disclosed that it had ...

On January 14, 2025, the federal government sued Capital One, accusing it of deceptive practices related to its “360 Savings” ...

The banking giant added that it was "deeply disappointed to see the CFPB continue its recent pattern of filing eleventh-hour lawsuits ahead of a change in administration." Capital One also ...

Capital One said in a statement that it’s “deeply disappointed to see the CFPB continue its recent pattern of filing eleventh hour lawsuits ahead of a change in administration.”“We strongly disagree ...

In a statement, Capital One denied the allegations and said it transparently marketed its 360 Performance Savings account.

Capital One said in a statement that it’s “deeply disappointed to see the CFPB continue its recent pattern of filing eleventh hour lawsuits ahead of a change in administration.”“ ...