Amended Card-Marketing Suit Still Unclear, Capital One Says

Law360, New York (July 26, 2013, 7:48 PM EDT) -- Capital One Financial Corp. on Thursday slammed an amended shareholder derivative complaint accusing the bank's directors and officers of costing it $210 million by not stopping deceptive credit card marketing, saying it wasn't any clearer than an earlier complaint dismissed by a Virginia federal judge.

Capital One said that while U.S. District Judge T.S. Ellis III had given the plaintiffs leave to amend their consolidated complaint when he dismissed it June 21 for being too vague about how the bank's board failed to properly supervise its...
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