Capital One Escapes Interest Rate Fraud Class Action

Law360, New York (April 17, 2013, 5:19 PM EDT) -- A California federal judge Tuesday dismissed a proposed class action accusing Capital One Bank (USA) NA of lying to credit card holders about a loan balance transfer program, agreeing with the bank that it didn't violate its contract with customers by charging interest on late payments on the transferred balances.

The bank filed a motion to dismiss the suit in January, arguing that plaintiff Priscilla Barton relinquished an interest-free grace period on new purchases when she failed to pay her entire balance on time. When she...
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Case Information

Case Title

Barton v. Capital One Bank (USA), N.A.

Case Number



California Northern

Nature of Suit

Truth in Lending


Jon S. Tigar

Date Filed

October 19, 2012

Law Firms

UK Financial Services

UK Financial Services

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