Capital One has inherited a $1.2 billion reserve to settle a class-action lawsuit related to Discover's historical misclassification of card products for merchants. The company is also cooperating with an ongoing SEC investigation into the matter, indicating significant legal and compliance resource strain and potential for further financial impact.
Filing excerpt
Discover reserved $1.2 billion related to this matter and the class action settlement will be the primary means through which restitution will be paid to adversely affected merchants, merchant acquirers and other intermediaries.
What this signalsFilings often name leadership changes, deals and spending plans.
sec-10qlitigationMaterialGet every 10-Q signal for Capital One and the companies you sell to, in the tools you already use.
Connect Autobound to Claude, Claude Code or Cursor with MCP. Then ask: “What changed at Capital One this week?”
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This page shows a preview. The full sec-10q record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.
Company
linkedin_urlValue in the APIindustriesValue in the APIemployee_count_lowValue in the APIemployee_count_highValue in the APIrevenueValue in the APIdescriptionValue in the APISignal
signal_nameValue in the APIassociationValue in the APIGET /v1/signals/403e5aa5-a8ba-4a3f-bfc4-943dc139b848 returns this record as JSON. POST /v1/companies/enrich returns every signal for capitalone.com.
{
"signal_id": "403e5aa5-a8ba-4a3f-bfc4-943dc139b848",
"signal_type": "sec-10q",
"signal_subtype": "litigationMaterial",
"detected_at": "2026-05-12T09:24:57.251+00:00",
"company": {
"name": "Capital One",
"domain": "capitalone.com"
},
"data": {
"detail": "Capital One has inherited a $1.2 billion reserve to settle a class-action lawsuit related to Discover's historical misclassification of card products for merchants. The company is also cooperating with an ongoing SEC investigation into the matter, indicating significant legal and compliance resource strain and potential for further financial impact.",
"metrics": {
"timeframe": "current_year",
"dollar_context": "Reserve for class action settlement related to Discover's Card Product Misclassification.",
"dollar_millions": 1200
},
"summary": "COF reserves $1.2B for Discover's card misclassification lawsuit and faces SEC investigation.",
"excerpts": "Discover reserved $1.2 billion related to this matter and the class action settlement will be the primary means through which restitution will be paid to adversely affected merchants, merchant acquirers and other intermediaries.",
"relevance": 1,
"sentiment": "negative",
"confidence": "high",
"source_url": "https://www.sec.gov/Archives/edgar/data/927628/000092762826000048/cof-20260331.htm",
"filing_date": "2026-05-07",
"filing_year": 2026,
"fiscal_year": 0,
"fiscal_year_end": "03/31",
"sales_relevance": "Legal tech opportunity",
"signal_category": "risk"
}
}
curl https://signals.autobound.ai/v1/signals/403e5aa5-a8ba-4a3f-bfc4-943dc139b848 \
-H "X-API-KEY: $AUTOBOUND_API_KEY"curl -X POST https://signals.autobound.ai/v1/companies/enrich \
-H "X-API-KEY: $AUTOBOUND_API_KEY" \
-H "Content-Type: application/json" \
-d '{"domain":"capitalone.com","limit":20}'Long text fields are shortened on this page.
Looking up one signal by its id is free. Enrich costs 2 credits per signal returned; a call with no results is free.