New York sues Capital One for cheating savings depositors [Yahoo! Finance]
Discover Financial Services (DFS)
Last discover financial services earnings: 4/22 05:35 pm
Check Earnings Report
US:NYSE Investor Relations:
investorrelations.discover.com
Company Research
Source: Yahoo! Finance
of cheating depositors with its flagship "high interest" savings accounts out of millions of dollars in interest. In a complaint filed in Manhattan federal court, James said Capital One promised depositors one of the country's highest interest rates on their 360 Savings accounts, yet froze their rate at just 0.30% even as interest rates rose nationwide. She said Capital One also kept those depositors in the dark in September 2019, when it launched 360 Performance Savings accounts, which gave new depositors interest rates that peaked at 4.35% while older depositors remained stuck with low rates. James said Capital One never told 360 Savings depositors they could earn more by switching accounts, and even told employees to say nothing unless customers asked. "Customers opened and maintained 360 Savings accounts based on Capital One's promises that they would receive 'one of the nation's best savings rates,'" the complaint said. "Instead, Capital One took advantage of its customer
Show less
Read more
Impact Snapshot
Event Time:
DFS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DFS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DFS alerts
High impacting Discover Financial Services news events
Weekly update
A roundup of the hottest topics