Capital One Gains 0.36% as Volume Plummets to $590M (145th) Amid Legal Probes

Capital One Financial (COF) closed with a 0.36% gain on August 18, 2025, despite a 38.7% drop in trading volume to $590 million, ranking 145th in market activity. The stock's performance coincided with ongoing legal scrutiny over historical customer account practices.

A securities litigation firm has launched an investigation into whether COF executives breached fiduciary duties related to alleged mismanagement of 360 Savings accounts. The probe follows a $425 million settlement resolving claims that the bank concealed the 360 Performance plan from customers for years. Concurrently, New York Attorney General Letitia James filed a separate lawsuit in federal court, expanding legal exposure for the company.

The investigation focuses on potential corporate governance failures, including whether leadership failed to address customer complaints about interest rate discrepancies. Shareholders holding COF stock long-term may be affected by regulatory developments, though the stock's 0.36% rise suggests limited immediate market reaction to the legal risks.

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