The Trump Organization has sued Capital One, accusing the banking company of terminating over 300 of the Trump Organization’s accounts “without cause.”

Eric Trump confirmed the filing of the lawsuit in a statement on X, revealing that the attempt to “debank” occurred in 2021, despite the company doing business with Capital One for over a decade. The son of President Donald Trump accused the banking company of attempting “a clear attack on free speech and free enterprise” in terminating these accounts, which also sought to undermine the Trump Organization’s success.