Market Chatter: Capital One Wins Dismissal of Trump Organization Suit; Judge Allows Refiling

MT Newswires Live

6 hours ago

Capital One Financial (COF) won dismissal of a lawsuit by the Trump Organization accusing the bank of illegally closing its accounts in 2021 for "political discrimination," Bloomberg reported Friday.

US District Judge Roy Altman in Miami said at a hearing that the claims can be refiled if the plaintiff can amend its "deficient" complaint, according to the report.

Capital One did not immediately respond to a request for comment by MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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