(AURN News) — Are you one of the customers waiting for your share of the Capital One settlement?
A new report from Yahoo Finance says you may have to wait a little longer.
Capital One’s $425 million settlement payouts are now delayed for one year, or possibly even longer.
Yahoo Finance reported that an appeal was filed in June, which will delay the payments that were set to begin in July. According to the outlet, the lawsuit involves interest rates tied to savings accounts.
Capital One denies any wrongdoing.
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About the Author
Jamie Jackson is an Emmy-nominated television and radio broadcaster who has served American Urban Radio Networks since 2015. He previously covered the Obama and Trump administrations as a White House Correspondent and Pool Reporter for AURN News. Jamie hosted a national PBS television special in 2023 and over the years has worked as a TV news anchor and local NPR host for stations across the country. His work has been honored by numerous organizations, including the NAACP and the Virginia Farm Bureau.
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