NEW YORK, May 14 (Reuters) - Capital One was
sued on Wednesday by New York Attorney General Letitia James,
who accused the bank of deceiving consumers about interest rates
on its savings accounts, causing the loss of million of dollars
in interest.
The complaint filed in Manhattan federal court alleges
violations of New York consumer protection laws. James wants
Capital One to provide restitution to affected consumers, and
pay civil fines.