PRESSBOX

Scott + Scott LLP Files Lawsuit Against Capital One for Alleged Improper Banking Fees

NEW YORK, July 15, 2009 -- Capital One, N.A., one of the nation's largest banks, has been sued by a former North Fork Bank customer who alleges that, upon the acquisition of North Fork by Capital One, he and other banking customers were charged a number of improper bank fees.

The action is currently pending in the United States District Court for the Eastern District of New York and was filed by Scott+Scott LLP on behalf of former North Fork Bank and Superior Savings of New England deposit holders. The Plaintiff alleges that Capital One is improperly charging certain bank fees, including, overdraft fees, foreign ATM fees and other "miscellaneous fees" without complete and accurate prior notification and despite the fact such accounts were represented as "Completely Free" bank accounts. The complaint also alleges that Plaintiff and other consumers were charged monthly Undeliverable Mail Fees by Capital One for account statements that were, in fact, received and thus were not "undeliverable."

"Consumers should not be misled by the branding of accounts as 'free' when they contain improper, unnecessary and hidden fees," Scott+Scott partner David R. Scott stated. "The law does not look favorably on such practices."

If you wish to discuss this action or have questions concerning this class action or your rights, please contact Joseph P. Guglielmo, Esq. at jguglielmo@scott-scott.com (800/404-7770, 212/223-6444).

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