Judge Won't Rethink Class Claims In Capital One 'Puppet' Suit

Law360, New York (December 6, 2012, 7:49 PM EST) -- A Virginia federal judge on Wednesday refused to reconsider class claims in a lawsuit alleging Capital One Bank NA used a credit counselor as a "puppet" to overcharge customers, saying the revised attack on an alleged arbitration agreement wasn't strong enough to force a review.

U.S. District Judge Norman K. Moon rejected plaintiff Lori King's claim that she was denied the chance to present new evidence that many customers who electronically signed up for InCharge Debt Solutions' credit counseling services signed an "e-pay agreement," which does...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.