President Donald Trump’s organization, along with his son Eric Trump, filed a lawsuit on March 7 against Capital One for “unilaterally” terminating hundreds of accounts, resulting in financial losses.
The lawsuit, filed on March 7 by Donald J. Trump Revocable Trust, DJT Holdings, DTTM Operations, and Eric Trump, accuses the Virginia-based bank of debanking the plaintiffs and their affiliated entities without any advance notice, because of which they “suffered considerable financial harm and losses caused not only by the interruption to their access to Capital One’s banking services, but also by the devastating impact on Plaintiffs’ ability to transact and access their monies.”
