We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
COF Reaches Settlement With Influencers Over Affiliate Marketing Clash
Read MoreHide Full Article
Key Takeaways
Capital One settled a lawsuit with creators who alleged its browser tool redirected affiliate commissions.
The Capital One Shopping extension was accused of misattributing referral traffic at checkout.
Judge Trenga allowed claims of unjust enrichment and contract interference to proceed in June 2025.
Capital One (COF - Free Report) has settled a lawsuit by social media creators who claimed that the bank’s free browser extension deprived them of commissions on sales generated through their content.
Capital One and creators collectively filed a settlement notice in the Alexandria, VA, federal court, with preliminary approval expected by Nov. 17. This was first reported by Reuters.
The company refused to admit any wrongdoing in the settlement over its browser extension, Capital One Shopping, and stated that consumers would not see any changes. It noted that the extension adheres to industry standards and remains aligned with its advertising partners.
Details of the Lawsuit Against Capital One
The lawsuit concerns affiliate marketing, a system in which creators promote content on their platforms and social media channels in exchange for commission-based earnings from online retailers and third-party marketers.
According to creators, the Capital One Shopping browser extension, which has more than 10 million users, is used to discover discounts. It erroneously reflected Capital One as the source of referral traffic at checkout, making it appear as if consumers had clicked the bank’s referral links before making purchases.
The creators alleged that this enabled Capital One to collect millions of dollars in commissions that rightfully belonged to bloggers, influencers, YouTubers and other content creators.
In June 2025, U.S. District Judge Anthony Trenga ruled that influencers presented a plausible case that Capital One’s browser extension redirected their commissions by overriding tracking codes. Claims of unjust enrichment, contract interference and violation of the federal Computer Fraud and Abuse Act were pursued, while a conversion claim and four state-level claims were dismissed.
Capital One has faced several regulatory challenges of late. Earlier this month, it sued the Federal Deposit Insurance Corp. over a $474.1 million special assessment to refill the Deposit Insurance Fund after the 2023 collapse of Silicon Valley Bank and Signature Bank. In May, it agreed to pay $425 million to settle nationwide claims that it misled online savings account customers to avoid interest payments.
Capital One’s Price Performance & Zacks Rank
In the past six months, COF shares have risen 26.2% compared with the industry’s growth of 49.8%.
Last month, Deutsche Bank AG (DB - Free Report) was fined HK$23.8 million ($3.05 million) by Hong Kong’s Securities and Futures Commission (SFC) for multiple regulatory breaches, including fee overcharging, misclassification of product risk and failure to disclose investment banking relationships in research reports.
The disciplinary action stems from investigations triggered by Deutsche Bank’s self-reports submitted between December 2020 and December 2023. The SFC found that between November 2015 and November 2023, the bank overcharged clients approximately $39 million in management and custodian fees. These overcharges resulted from failure to apply discounted fee rates and misstatements in fund valuations.
Similarly, JPMorgan (JPM - Free Report) agreed to pay $330 million to settle ongoing and potential claims associated with the 1MDB sovereign wealth fund.
The settlement was announced as Swiss regulators, in a separate action, found JPMorgan guilty and imposed a fine for its failure to prevent money laundering in transactions associated with 1Malaysia Development Berhad.
The $330 million payout will contribute to Malaysia’s Assets Recovery Trust Account and comes “without admission of liability” from the bank. As part of the settlement, JPMorgan and Malaysia will withdraw all pending appeals connected with the lawsuit.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
COF Reaches Settlement With Influencers Over Affiliate Marketing Clash
Key Takeaways
Capital One (COF - Free Report) has settled a lawsuit by social media creators who claimed that the bank’s free browser extension deprived them of commissions on sales generated through their content.
Capital One and creators collectively filed a settlement notice in the Alexandria, VA, federal court, with preliminary approval expected by Nov. 17. This was first reported by Reuters.
The company refused to admit any wrongdoing in the settlement over its browser extension, Capital One Shopping, and stated that consumers would not see any changes. It noted that the extension adheres to industry standards and remains aligned with its advertising partners.
Details of the Lawsuit Against Capital One
The lawsuit concerns affiliate marketing, a system in which creators promote content on their platforms and social media channels in exchange for commission-based earnings from online retailers and third-party marketers.
According to creators, the Capital One Shopping browser extension, which has more than 10 million users, is used to discover discounts. It erroneously reflected Capital One as the source of referral traffic at checkout, making it appear as if consumers had clicked the bank’s referral links before making purchases.
The creators alleged that this enabled Capital One to collect millions of dollars in commissions that rightfully belonged to bloggers, influencers, YouTubers and other content creators.
In June 2025, U.S. District Judge Anthony Trenga ruled that influencers presented a plausible case that Capital One’s browser extension redirected their commissions by overriding tracking codes. Claims of unjust enrichment, contract interference and violation of the federal Computer Fraud and Abuse Act were pursued, while a conversion claim and four state-level claims were dismissed.
Capital One has faced several regulatory challenges of late. Earlier this month, it sued the Federal Deposit Insurance Corp. over a $474.1 million special assessment to refill the Deposit Insurance Fund after the 2023 collapse of Silicon Valley Bank and Signature Bank. In May, it agreed to pay $425 million to settle nationwide claims that it misled online savings account customers to avoid interest payments.
Capital One’s Price Performance & Zacks Rank
In the past six months, COF shares have risen 26.2% compared with the industry’s growth of 49.8%.
Image Source: Zacks Investment Research
Currently, Capital One carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Regulatory Probes Faced by Other Banks
Last month, Deutsche Bank AG (DB - Free Report) was fined HK$23.8 million ($3.05 million) by Hong Kong’s Securities and Futures Commission (SFC) for multiple regulatory breaches, including fee overcharging, misclassification of product risk and failure to disclose investment banking relationships in research reports.
The disciplinary action stems from investigations triggered by Deutsche Bank’s self-reports submitted between December 2020 and December 2023. The SFC found that between November 2015 and November 2023, the bank overcharged clients approximately $39 million in management and custodian fees. These overcharges resulted from failure to apply discounted fee rates and misstatements in fund valuations.
Similarly, JPMorgan (JPM - Free Report) agreed to pay $330 million to settle ongoing and potential claims associated with the 1MDB sovereign wealth fund.
The settlement was announced as Swiss regulators, in a separate action, found JPMorgan guilty and imposed a fine for its failure to prevent money laundering in transactions associated with 1Malaysia Development Berhad.
The $330 million payout will contribute to Malaysia’s Assets Recovery Trust Account and comes “without admission of liability” from the bank. As part of the settlement, JPMorgan and Malaysia will withdraw all pending appeals connected with the lawsuit.