Capital One Settles Lawsuit for $190M

Capital One Settles Lawsuit for $190M

The lawsuit was filed after a data breach at Capital One. The company didn't admit any wrongdoing in the settlement.

The chance to join the settlement is over in two days.

Around 98 million Capital One customers will be affected by this settlement.

Capital One told its customers that their information had been stolen. An employee of Amazon Web Services was arrested by the FBI after being accused of hacking.

Capital One is accused of failing to take reasonable care to secure customer information. As far back as 2005, the compromised information was present. Full names, physical addresses with full ZIP and postal codes, phone numbers, email addresses, social security numbers, dates of birth, credit scores and self-reported income were all stolen. Credit card applications usually require some of this information.

If Capital One took reasonable measures to protect their information, it would have been secure.

Class members can collect a cash payment for out-of-pocket expenses and lost time at a rate of $25 per hour under the terms of the settlement. Customers who are eligible need to give detailed documentation.

Three years of identity defense services are provided by the settlement. Dark web monitoring, identity monitoring, lost wallet protection, security freeze capabilities, and other benefits are provided by these services.

You can submit your claim here.

Claims must be submitted online or mailed by August 22, 2022. You can submit your claim here.

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Capital One Venture increased their welcome offer by 75k.

Capital One Venture is increasing their offer. You can earn 75,000 miles after spending $4000 in the first 3 months of your card's existence. Venture will give you 2X miles on all purchases and Capital One travel. Cash back and transfer to travel partners can be done with points.

Learn more about this card and its features!