Answering your questions about New York's lawsuit against Capital One
U.S. News & World Report: Eric Chaffee, professor and the Peter M. Gerhart Distinguished Research Scholar at the School of Law, said a settlement is likely in New York’s lawsuit against Capital One, but he warned consumers shouldn’t expect much. “Even if the attorney general prevails, money given to individual customers is likely to be relatively small," he said. The suit accuses the bank of misleading customers on savings rates.
