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Capital One, National Association, and Capital One Financial Corporation

On January 14, 2025, the Bureau filed a lawsuit against Capital One, N.A., a national bank with over $480 billion in assets, and its parent holding company, Capital One Financial Corp. (collectively, Capital One). Defendants are incorporated in Delaware and headquartered in Virginia. The Bureau alleged that Capital One violated the Consumer Financial Protection Act of 2010’s prohibition on deceptive and abusive acts and practices; and that Capital One, N.A. violated the Truth in Savings Act and Regulation DD.

On February 27, 2025, the Bureau filed a notice voluntarily dismissing the action against all defendants with prejudice, and the court ordered the case to be closed the same day.

Complaint

Order Acknowledging Notice of Dismissal with Prejudice

PRESS RELEASE

CFPB Sues Capital One for Cheating Consumers Out of More Than $2 Billion in Interest Payments on Savings Accounts


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