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Capital One Financial Corporation v. Kanas et al
Case Number:
1:11-cv-00750
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June 19, 2012
Former Capital One Execs Pay $20M To End Noncompete Suit
Two former Capital One Financial Corp. officers agreed Tuesday to pay $20 million to settle the bank's suit accusing them of breaching a noncompete agreement when they planned to move into the New York City market with their new employer, BankUnited Inc.
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April 27, 2012
Ex-Capital One Execs Blast Noncompete Pact As Overbroad
Two former Capital One Financial Corp. officers told a Virginia federal court Friday that a noncompete pact barring them from accepting executive posts at any rival New York banks is overbroad and unenforceable, and urged the court to throw out the bank's suit against them.
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July 15, 2011
Capital One Sues Ex-Banking Chief Over Expansion
Capital One Financial Corp. filed a suit Thursday in Virginia alleging John A. Kanas, former head of its banking operations and current head of BankUnited Inc., breached a noncompete pact through plans to expand into New York.