Class-action lawsuit: Capital One customers have 6 days to check their status for piece of $16 million settlement

Class-action lawsuit: Capital One customers have 6 days to check their status for piece of $16 million settlement


Capital One customers are just six days away from deciding whether to opt out or object to receiving a portion of the bank’s $16 million settlement to resolve claims it charged unlawful fees for some transactions. 

Customers claimed Capitol One violated its account terms by failing to refund insufficient funds or overdraft fees it charged for represented check or ACH transactions. Capitol One agreed to the settlement without admitting to being at fault.

A branch office of Capital One Bank is pictured on May 7, 2009, in New York. Capital One Financial is buying Discover Financial Services for $35 billion in a deal that would bring together two of the nation’s biggest lenders and credit card issuers, according to a news release issued by the companies Monday, Feb. 19,

Trending: Doorbell Cam Catches Bill Belichick, 72, Leaving 24-year-Old Ex-Cheerleaders Home

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!