Law's Eric Chaffee weighs in on Capital One’s new settlement deal

Capital One sweetens settlement deal–will you get more money?

U.S. News & World Report: Eric Chaffee, the John C. Hutchins Professor of Law, said a court's recent rejection reflects a growing trend of judges closely scrutinizing and rejecting class-action settlements they believe shortchange consumers. In this case, a federal judge threw out Capital One’s initial deal, finding it failed to fairly reimburse savers and did not clearly alert them to lost interest.