Capital One Strikes Back: Bank Seeks Dismissal of Trump Organization’s De-Banking Claims, Citing Lack of Evidence
McLean, Virginia — Capital One has requested a federal court to dismiss a lawsuit brought by the Trump Organization, arguing that the claims lack any supporting evidence. The bank characterized the allegations of political bias in the closure of accounts as “false,” stating that it closes accounts only for legally permissible reasons and asserting that the plaintiffs failed to prove otherwise. The Trump Organization, based in Palm Beach County, Florida, filed the lawsuit in March, claiming that Capital One improperly closed approximately 300 accounts due to political and social motivations, referring to a so-called “woke” … Read more