Capital One cheated customers out of millions from ‘high interest' savings accounts: NY lawsuit
1. Capital One sued by NY Attorney General for misleading savings account rates. 2. Complaints allege customers misled about interest rates on savings accounts. 3. Lawsuit seeks restitution and civil fines for consumer protection violations. 4. 360 Performance Savings accounts currently yield 3.6%, up from lower rates. 5. Company's $35.3 billion takeover of Discover Financial Services expected soon.