In early 2025, Capital One, one of America’s largest banking and credit card companies, made a historic announcement for its customers. The company has approved a class action settlement of $425 million (approximately Rs. 3,500 crores). This payment will go to millions of customers whose personal information was leaked in a major data breach. The … Read more
Capital One, one of America’s leading banking companies, is currently in the news regarding a major class-action settlement. The company faced serious legal action due to allegations of freezing savings account interest rates at low levels for several years. It is claimed that this action cost customers billions of dollars in lost interest, as interest … Read more
Capital One, a well-known American financial institution, is once again in the headlines. In early 2025, the company announced significant relief for its customers—a class action settlement of approximately $425 million (approximately ₹3,500 crore). Under this agreement, all customers who suffered losses in the 2019 data breach are now entitled to compensation. The company has … Read more