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In Re: Capital One 360 Savings Account Interest Rate Litigation
Case Number:
1:24-md-03111
Court:
Nature of Suit:
Multi Party Litigation:
Multi-district Litigation, Class Action
Judge:
Firms
- Ahdoot & Wolfson
- Edelsberg Law
- Kaliel Gold
- King & Spalding
- McGuireWoods
- Shamis & Gentile
- Vinson & Elkins
- Wolf Popper
Companies
Sectors & Industries:
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January 12, 2026
Capital One's Revised $425M Rate Deal Gets Judge's Initial OK
A Virginia federal judge Monday preliminarily approved a revised settlement with Capital One over claims the bank deceptively advertised its 360 Savings accounts, with the new deal more than doubling the value of an earlier proposed deal the judge had refused to approve.
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November 06, 2025
Capital One's $425M Rate Deal Rejected Over Low Payouts
A Virginia federal judge Thursday refused to sign off on Capital One's proposed $425 million settlement with customers accusing the bank of deceptively advertising its 360 Savings accounts, finding that the customers deserve "significantly greater relief" than what's outlined in the deal.
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September 24, 2025
AGs Slam Capital One's $425M Deal As Unfair To Consumers
New York Attorney General Letitia James and 17 other attorneys general are opposing a proposed $425 million settlement between Capital One and a putative consumer class alleging the bank deceptively advertised its 360 Savings accounts, telling a Virginia federal court the deal "fails to adequately redress" the harms caused by the scheme.
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May 16, 2025
Capital One Inks $425M Deal In Savers' 'High-Interest' Suit
Capital One has agreed to pay $425 million to put to rest a proposed class action alleging that it deceptively advertised its 360 Savings accounts as high-interest savings products, according to a joint notice filed Friday in Virginia federal court.
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November 14, 2024
Capital One Must Face Savers' Suit Over 'High-Interest' Claims
A Virginia federal judge has slightly trimmed a consolidated litigation accusing Capital One NA of deceptively advertising its 360 Savings accounts as high-interest savings products and separately denied the bank its bid for a bench trial instead of a jury trial on the remaining claims.