Seeking Alpha

Capital One (COF) reaches a settlement with BankUnited (BKU), its Chairman and CEO, and Chief...

Capital One (COF) reaches a settlement with BankUnited (BKU), its Chairman and CEO, and Chief Lending Officer, over a lawsuit commenced by Capital One alleging that Kanas and Bohlsen breached the terms of certain non-compete arrangements. Under the settlement, COF will receive $20M, and neither BankUnited nor any other bank for which Kanas and Bohlsen are employed will open a bank branch or subsidiary in New York, New Jersey or Connecticut until January 31, 2013.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs