Judge approves $425 million Capital One settlement. How to check if you're eligible for payout
ABC7 Los Angeles • • business
Key Points:
- A federal judge approved a $425 million settlement in a lawsuit against Capital One after a two-year legal battle.
- Capital One was accused of steering customers away from higher-interest savings accounts.
- The settlement covers customers who held a Capital One 360 savings account between September 2019 and June 2025.
- An earlier proposed settlement was rejected by the judge last November for inadequate customer compensation.
