New York Sues Capital One, Pursuing Similar Case CFPB Dropped
New York Attorney General Letitia James sued Capital One Wednesday (May 14), alleging the bank misled its customers about the existence of a savings account that provided higher interest.The lawsuit’s allegations are similar to those made by the Consumer Financial Protection Bureau (CFPB) in a case the agency later dropped after a change in leadership, the Office of the New York State Attorney General said in a Wednesday press release.The release added that James seeks to “ensure that Capital One does not e ...