Class OK'd In Capital One Payment Protection Suit

Law360, New York (September 21, 2009, 6:57 PM EDT) -- A judge has granted conditional class certification to credit card holders alleging Capital One Bank’s Protected Payment product, an extra service that promises to pay balances on credit cards in certain situations when consumers are unable to, is essentially worthless because bureaucratic hurdles make it nearly impossible to actually receive the program’s benefits.

Judge Virginia Hernandez Covington granted conditional class certification Sept. 18 in the U.S. District Court for the Middle District of Florida, adopting the report and recommendations of Magistrate Judge Elizabeth Jenkins.

The class...
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