Capital One Lawsuit for a Group Action 2024 fees for checks that were returned or ACH debit transactions. This led to a $16 million settlement. The last day to complain or be left out is June 17, 2024. The final meeting to approve the settlement has been set for July 15, 2024.
Capital One Class Action Lawsuit 2024
It has been agreed that Capital One will pay sixteen million dollars to settle claims that it charged unfair fees for returned checks or ACH debit transfers. It is the last day to send in complaints and exclusions, which is June 17, 2024.
July 15, 2024, has been set as the date for the final meeting to approve the settlement. Someone got into the personal information of about 98 million people who applied for Capital One credit cards in July 2019 without permission.
There were bad effects from the security breach, and a settlement was reached for a class action case that was meant to deal with the aftermath. People in the United States who are part of the Capital One Class Action Lawsuit 2024 can get money since September 28, 2023.
Capital One Settlement Payout
The total amount of money that will be paid out depends on how many people are qualified, which we don’t know yet. If you want to know how much you can expect to get, the money is being given out pro rata.
Also, it’s important to know that the $16 million payment isn’t the whole amount; after legal fees and other costs, $10,308,909.16 is left over.
The final approval meeting for the case is scheduled for July 15, 2024. This will be about the payment plan. After this date, payments must be made within 60 days. If there are any issues, the payment date could be pushed back.
How To Claim in Capital One Settlement?
For those who have ever made a claim in a settlement, the first thing they need to do is fill out a form to show that they are interested. However, you don’t need to do anything about this Capital One matter! If they are qualified, everyone who doesn’t back out of the settlement will get their money automatically.
The deadline is June 17, 2024, so act quickly if you want to object or leave for any reason. You can do this by going to the settlement’s main website.
Since it is being given out pro rata, we don’t yet know how many people are qualified, so we don’t know how much will be paid out. Also, the final payout is $10,308,909.16 after all costs and legal fees are taken into account, so $16 million isn’t the real amount.
The final hearing for the case is set for July 15, 2024, and it’s likely that your prize will be sent to you within sixty days. Please be aware that the payment date could be pushed back if any objections are raised.
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Who is Eligible for Capital One Settlement?
To be qualified for the Capital One Settlement, the US citizen must meet the legal requirements for people whose personal information has been stolen.
Participants from the US whose name, address, bank account number, and Social Security number were stolen in the Capital One data breach will receive the settlement money.
Very simply, here are the requirements you must meet to be a part of the deal and receive your $16 million payout:
- You had a Capital One account from September 1, 2015, to January 12, 2022.
- Capital One charged you for representation charges at this time.
Anyone who made a valid claim before November 27, 2023, after being told they might be qualified for settlement through the Capital One Bank, can join the settlement.
No matter what kind of claim they have, everyone in the settlement class will get credit help, and everyone who is qualified and was verified to be paid will get a direct deposit. You might be able to get the settlement if the bank emailed or mailed you a letter.