'Capital One Defeats Proposed Class Action Alleging It Imposed Excessive Interest Rates On Credit Card Customers' - Reuters News
A federal judge in Maryland on Monday dismissed a proposed class-action lawsuit accusing Capital One COF.N of imposing excessive interest rates on credit card customers.U.S. District Judge Theodore Chuang rejected
A court said a group of customers couldn't sue Capital One together about interest rates being too high. When companies win legal cases, it removes a worry that could have cost them money.
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