Capital One Bank Settlement – Check Lawsuit Eligibility, Amount & Payment Dates

An unauthorized hacker obtained the personal data of millions of people in the US and Canada who applied for or already had Capital One credit cards in July 2019. There are serious repercussions for everyone impacted by this security incident. In order to prevent further legal action, Capital One has agreed to a settlement even though it has not admitted any wrongdoing.

A $190 million fund will be created as part of the settlement to compensate affected account holders, cover legal costs, and cover any court-mandated service awards. It is currently uncertain how much of the $190 million Capital One Bank Settlement Amount 2024 will be distributed to each qualifying class member.

Capital One Bank Settlement

The settlement dealt with the illegal access to private customer information, such as bank account information, personal identifiers, and Social Security numbers. A $190 million settlement was reached by Capital One to make amends to impacted customers and put data protection safeguards in place. The Capital One Class Action Settlement Payment 2024 will enable users and class action recipients to receive eligible amount. The final settlement amount for Capital One was determined by the number of active class members in the case.

Following the settlement amount announcement, people are eager to know more on Capital One Bank Settlement 2024 Payment Date. The total amount that people can anticipate from the $190 million settlement amount has also delighted them. You must know that total amount of claim is USD 190 million and therefore, the total number of claimants who have claimed the due date may determine the total distribution amount per individual. For accurate information regarding the amount of their payout, people must wait for the Capital One Bank Class Suit 2024 final judgement.

Capital One Bank Lawsuit Settlement 2024 Details

CountryUSA
Name of BankCapital One Bank
Total affected individual98 million
Settlement Amount$190 million
CategoryFinance
Payment dateTo be announced Soon
Official Websitecapitalonesettlement.com

Eligibility for Capital One Bank Settlement Amount

This settlement amount cannot be given to all Capital One Bank customers but those who meet Capital One Bank Lawsuit Settlement 2024 Eligibility Requirements may be able to get this 2024 Capital One Bank Settlement Amount. 

  • Individuals in the settlement are those who had a Capital One account for the designated time period.
  • Additionally, those who paid Capital One representation fees throughout the specified period were included.
  • A notification from the bank sent by email or postcard is enough proof of a possible settlement entitlement.
  • The compensation is open to any Capital One account holders, past and present, who were billed representation fees during the designated periods.
Capital One Bank Settlement - Check Lawsuit Eligibility, Amount & Payment Dates

Capital One Bank Settlement Amount

In 2021, a class-action lawsuit brought by American conamounters against this bank was settled for USD 190 million. Each claimant will receive up to $25,000 in compensation for their lost earnings. Over a year ago, Capital One was penalized $80 million by the USOCC for the same violation. The impacted parties will get the money to pay for expenses related to the incident, including fraud, identity theft, and data security charges.

The lost time can be claimed for around 15 hours, or about $25 per hour. It’s not necessary to worry about the unclaimed money. If funds are not transferred, individuals will receive the money in the form of a physical check, which will be made available two to four weeks following the deadline for submitting a digital payment claim.

Capital One Lawsuit Settlement Payment Dates 2024

Since the case’s final hearing was held in July 2024, the court ordered Capital One Bank to make the settlement amount. Therefore, the qualifying candidates might shortly receive the lawsuit payment. The payment is anticipated to be made in December 2024, however if someone opted out of the action before June 17, 2024, they would not be compensated. Additionally, the deadline for objecting to the lawsuit has past. Although the Capital One Lawsuit Settlement Payment Dates 2024 has not yet been decided, the defendants will quickly comply with the court’s directions in order to prevent more legal problems.

In order to validate the Capital One Bank Settlement Amount, individuals must wait a few days. It may also reveal the settlement’s expiration date. After 60 days following the judge’s final approval, qualifying claimants are expected to receive the  payment. You should also be aware that if there are any complaints, the payment date could be extended.

Latest update on this case

  • On July 15, 2024, the last hearing for McNeil v. Capital One Bank was held, and the claimants are now at ease about receiving the money.
  • Within 60 days following the final hearing, class members can anticipate receiving their payment.
  • Those who can prove their claims can get up to $25,000.
  • Payments details will be shared via email once the settlement team evaluates claims.
Official WebsiteClick Here
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12 thoughts on “Capital One Bank Settlement – Check Lawsuit Eligibility, Amount & Payment Dates”

  1. I have five credit card in Capital One was taken so much feed and I have a fraud identity in my name was found in the dark web please add me thank you

    Reply
  2. I am one that lost money that thay never took care of my account and thay will not help me to get it back thsy never even tried to get for me

    Reply
  3. I have had many Capital One credit cards and have been told that I have some dark web activity. Can I be included in this lawsuit.

    Reply
  4. Someone opened an account in my name.. and I reported it to the police.. and they are still sending me statements..

    Reply
  5. I had 5 credit cards with capital one but they accused me of fraud closed my checking account and now I have a hard time opening any account

    Reply

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