$250M Capital One Settlement Doesn't Bar AG Suits: Judge

Law360, New York (August 22, 2012, 4:20 PM EDT) -- A Florida federal judge on Wednesday denied Capital One Bank's bid to block Hawaii and Mississippi from pursuing consumer fraud lawsuits against it, saying those states' attorneys general couldn't be bound by a $250 million class action settlement to which they were not parties.

U.S. District Judge Virginia M. Hernandez Covington said that because Mississippi and Hawaii were not defined as class members in the 2010 settlement, it would be a violation of constitutional due process to issue an injunction barring the states from pursuing similar...
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