In 2019, one of the largest data breaches in financial history took place at Capital One, exposing private data belonging to almost 98 million customers and credit card applications. Millions of people were left at risk of fraud and identity theft as a result of the breach, that revealed information on bank accounts, names, addresses, Social Security numbers, and credit ratings.
In 2022, a class-action settlement for $190 million was approved with the goal of giving impacted people help and financial relief. The tale does not finish there, even if the compensation phase came to close with payouts in 2023 and 2024 and now still waiting for Capital One Class Action Settlement 2025 Payment Date. Those affected will continue to have protections through 2028 thanks to ongoing protective services.
If you are one among the 98 million Capital One customers whose personal data was exposed, you can Class Action Lawsuit 2025 Eligible for the payment. The Capital One Settlement requires consideration of a US citizen who had access to their own personal data during the July 2019 data breach.
Capital One Class Action Settlement 2025
A class-action lawsuit brought against Capital One Bank by American consumers was settled in 2021 with the bank agreeing to pay $190 million. The maximum amount of compensation for each claimant’s lost money is $25,000. The American OCC fined Capital One $80 million for the identical infraction, even though it occurred more than a year earlier. People who have lost money due to system intrusions can submit a Capital One Settlement Claim 2025.
Despite significant improvements in IT infrastructure, Capital One revealed in July 2019 that sensitive customer information had been hacked by a third party. The Capital One settlement Payment Amount 2025 is now available and the money from class action settlements is distributed to claimants using the digital payment network EpiqPay.
For class members who met Capital One Class Action Settlement 2025 Eligibility Requirements and gave the Capital One Settlement administrator a working email address, an email from EpiqPay.com with a range of digital payment options will be delivered.
Capital One Class Action Settlement 2025 Details
| Company under lawsuit | Capital One |
| Affected clients | 98 million |
| Settlement Payment Amount | USD 190 million |
| Category | Finance |
| Payment Date | Ongoing |
| Official Page | capitalonesettlement.com |
Capital One Class Action Settlement 2025 Eligibility Requirements
- You have account in Company under lawsuit between September 1, 2015, and January 12, 2022.
- Must be resident of America who had a credit card or Capital One banking account at the time of the hack.
- Provide proof of unlawful transactions or financial loss connected to the breach.
- Submitted legitimate claim form and any accompanying paperwork by the deadline.
Capital One Class Action Settlement Amount
- The 2019 data breach victims are receiving identity protection services and cash comfort through the $190 million Capital One settlement fund. In order to compensate beneficiaries for their monetary losses, this fund makes sure that their personal data is safe going forward. Beneficiaries who qualify and can provide proof of their losses might get up to $25,000 in compensation. The compensation fund reinforces the significance of strong identity protection in today’s digital environment by providing people affected with both a monetary redress and a step toward long-term security.
- Through Epiq Pay, the Capital One Class Action Settlement will be executed via email. The money will be disbursed to the impacted parties in order to pay for expenses related to the breach, including identity theft, fraud, and data security charges. roughly 15 hours, or roughly $25 per hour, can be claimed for the lost time.
Capital One Class Action Settlement 2025 Payment Date
Beginning on September 27, 2023, the settlement payments are still under process as second payment shared in 2024. Although there is no set time limit for finishing, claimants are encouraged to make sure all of their documentation is in order. For the banking sector, the settlement of Capital One’s class action lawsuit, that addressed claims of unfair practices and consumer damage, represented a major legal advance. A number of customers filed separate complaints against the bank in this intricate legal dispute.
Among various allegations made by the clients were accusations of misleading advertising, excessive fees, and dubious borrowing practices. The class action lawsuit attempted to hold Capital One responsible for these claimed wrongdoings and sought damages for all persons affected by the company’s activities.
Identity Defense Services extended through February 13, 2028
Customers who have been impacted by identity theft may find that signing up for Identity Defense and Restoration Services provides professional assistance and peace of mind. The incident’s lessons should encourage financial institutions to put stronger security measures in place going forward, improving future client safety.
As the lawsuit settles, the Capital One settlement represents a commitment to creating a more secure and open financial environment as well as a reaction to a significant incident. Claimants can check capitalonesettlement.com, the official settlement website, for the latest update.
| Official Website | Click Here |
| Homepage | KeralaCoBank.Com |
Samarth Choudhary is a Chief Editor at keralacobank.com. He has overall editorial experience of 10 years in online media. He has completed his graduation from University of California and masters in Finance from University of Dallas in year 2010. His major interest and expertise is in Finance, Taxes, Government Aid and Schemes. His Major focus is to help users to get relevant information which are published on keralacobank.com in easy and precise form.