Capital One’s $425M Settlement Granted Final Approval In Consumer Fraud MDL

( April 29, 2026, 8:27 AM EDT) -- ALEXANDRIA, Va. — A federal judge in Virginia granted final approval of a $425 million class settlement, ending a multidistrict litigation in which consumers accused Capital One N.A. and Capital One Financial Corp. (together, Capital One) of failing to inform them when their type of savings account was replaced with a new, higher interest account yet their money remained in the former accounts and earned a lower percentage of interest....