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New York sues Capital One over savings accounts
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New York sues Capital One over savings accounts
May 26, 2025 7:53 AM

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.

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