Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Current Parent Company Summary

Current Parent Company Name: Bank of America
Ownership Structure: publicly traded (ticker symbol NYSE: BAC)
Headquartered in: North Carolina
Major Industry: financial services
Specific Industry: banking
Penalty total since 2000: $87,286,650,890
Number of records: 328
Top 5 Offense Groups (Groups Defined)Penalty TotalNumber of Records
consumer-protection-related offenses$44,251,859,04278
financial offenses$41,332,842,096155
employment-related offenses$887,723,42865
competition-related offenses$777,780,58520
government-contracting-related offenses$35,600,0001
Top 5 Primary Offense TypesPenalty TotalNumber of Records
mortgage abuses$39,950,771,70619
toxic securities abuses$23,208,942,85711
investor protection violation$13,801,013,962118
consumer protection violation$4,256,482,30243
banking violation$4,179,637,53214
Notes: Parent-subsidiary linkages are based on relationships current as of the latest revision listed in the Update Log, which may vary from what was the case when a violation occurred. The penalty totals are adjusted to account for the fact that the individual entries below may include both agency records and settlement announcements for the same case; or else a penalty covering multiple locations may be listed in the individual records for each of the facilities. The totals are also adjusted to reflect cases in which federal and state or local agencies cooperated and issued separate announcements of the outcome. Duplicate or overlapping penalty amounts are marked with an asterisk in the list below.

Links: Subsidy Tracker data on financial assistance to this company by federal, state and local government agencies can be found here.

Individual Penalty Records:

Click on the company or penalty amount for more information on each case.

Download results as CSV or XML or Save your search (Click here for information on download subscriptions)
CompanyPrimary Offense TypeYearAgency sort iconPenalty Amount
Bank of Americawage and hour violation2017private lawsuit-federal$6,000,000
Bank of Americawage and hour violation2017private lawsuit-federal$7,000,000
Bank of Americawage and hour violation2017private lawsuit-federal$1,900,000
Bank of Americawage and hour violation2017private lawsuit-federal$6,600,000
Merrill Lynchwage and hour violation2016private lawsuit-state$2,645,000
Bank of Americawage and hour violation2016private lawsuit-state$4,000,000
Bank of Americawage and hour violation2016private lawsuit-federal$3,250,000
Merrill Lynchwage and hour violation2016private lawsuit-federal$14,000,000
Bank of Americawage and hour violation2016private lawsuit-federal$36,000,000
Bank of Americawage and hour violation2016private lawsuit-federal$2,250,000
Bank of Americawage and hour violation2015private lawsuit-federal$9,000,000
Countrywide Home Loans Inc.wage and hour violation2015private lawsuit-federal$9,649,000
Merrill Lynchwage and hour violation2014private lawsuit-federal$6,900,000
Bank of Americawage and hour violation2013private lawsuit-federal$73,000,000
Merrill Lynchwage and hour violation2013private lawsuit-federal$12,000,000
Merrill Lynchwage and hour violation2013private lawsuit-federal$21,000,000
Bank of Americawage and hour violation2010private lawsuit-state$16,650,000
Merrill Lynchwage and hour violation2010private lawsuit-federal$43,500,000
Bank of Americawage and hour violation2010private lawsuit-federal$661,392
Bank of Americawage and hour violation2007private lawsuit-state$2,500,000
Bank of Americawage and hour violation2006private lawsuit-federal$9,000,000
Merrill Lynchwage and hour violation2006private lawsuit-federal$37,000,000
Countrywide Financialwage and hour violation2005private lawsuit-state$30,000,000
Bank of Americawage and hour violation2003private lawsuit-state$4,100,000
Bank of Americawage and hour violation2001private lawsuit-state$22,000,000
Merrill Lynchemployment discrimination2013private lawsuit-federal$38,225,000
Merrill Lynchemployment discrimination2013private lawsuit-federal$160,000,000
Banc of America Investment Servicesemployment discrimination2009private lawsuit-federal$7,200,000
FleetBoston Financial Corpbenefit plan administrator violation2008private lawsuit-federal$83,401,000
Bank of America Corpbenefit plan administrator violation2011private lawsuit-federal$21,000,000
Merrill Lynch, Pierce, Fenner & Smith Incorporatedbenefit plan administrator violation2017private lawsuit-federal$25,000,000
Merrill Lynchbenefit plan administrator violation2012private lawsuit-federal$10,000,000
Merrill Lynch & Co., Inc.benefit plan administrator violation2009private lawsuit-federal$75,000,000
Countrywide Financial Corporationbenefit plan administrator violation2009private lawsuit-federal$55,000,000
LaSalle Bankbenefit plan administrator violation2011private lawsuit-federal$13,500,000
MBNA Corp.benefit plan administrator violation2009private lawsuit-federal$4,500,000
Bank of America, NAdiscriminatory practices (non-employment)2005private lawsuit-federal$3,670,000
Bank of America Corporationprivacy violation2014private lawsuit-federal$32,083,905
Countrywide Financial Corp.privacy violation2010private lawsuit-federal$6,500,000
Countrywide Financial CorporationWARN Act violation2013private lawsuit-federal$1,200,000
Bank of Americaprice-fixing or anti-competitive practices2022private lawsuit-federal$26,420,000
Bank of America N.A.price-fixing or anti-competitive practices2020private lawsuit-federal$5,000,000
Bank of America N.A.price-fixing or anti-competitive practices2020private lawsuit-federal$6,250,000
Bank of America N.A.price-fixing or anti-competitive practices2020private lawsuit-federal$1,500,000
Bank of America N.A.price-fixing or anti-competitive practices2018private lawsuit-federal$187,500,000
Bank of America N.A.price-fixing or anti-competitive practices2018private lawsuit-federal$50,000,000
Bank of America N.A.price-fixing or anti-competitive practices2021private lawsuit-federal$17,000,000
Bank of America N.A.price-fixing or anti-competitive practices2014private lawsuit-federal$20,000,000
Bank of AmericaCorp.price-fixing or anti-competitive practices2016private lawsuit-federal$155,333,333
Bank of America, N.A.price-fixing or anti-competitive practices2022private lawsuit-federal$7,000,000
Merrill Lynch Pierce Fenner & Smith Inc.price-fixing or anti-competitive practices2020private lawsuit-federal$20,833,333
Bank of Americaconsumer protection violation2013private lawsuit-federal$20,000,000
Bank of America et al.consumer protection violation2020private lawsuit-federal$252,500,000
Bank of America N.A.consumer protection violation2022private lawsuit-federal$1,200,000
Bank of America N.A.consumer protection violation2022private lawsuit-federal$75,000,000
Bank of America N.A.consumer protection violation2021private lawsuit-federal$5,950,000
Bank of America N.A.consumer protection violation2020private lawsuit-federal$35,000,000
Bank of America N.A.consumer protection violation2020private lawsuit-federal$4,950,000
Bank of America N.A.consumer protection violation2018private lawsuit-federal$1,266,600,000
Bank of America N.A.consumer protection violation2018private lawsuit-federal$41,920,374
Bank of America N.A.consumer protection violation2017private lawsuit-federal$29,000,000
Bank of America N.A.consumer protection violation2016private lawsuit-federal$3,000,000
Bank of America N.A.consumer protection violation2015private lawsuit-federal$34,500,000
Bank of America N.A.consumer protection violation2014private lawsuit-federal$228,000,000
Bank of America N.A.consumer protection violation2014private lawsuit-federal$31,000,000
Bank of America N.A.consumer protection violation2014private lawsuit-federal$8,250,000
Bank of America N.A.consumer protection violation2013private lawsuit-federal$100,000,000
Bank of America N.A.consumer protection violation2013private lawsuit-federal$19,610,000
Bank of America N.A.consumer protection violation2011private lawsuit-federal$410,000,000
Bank of America, N.A.consumer protection violation2019private lawsuit-federal$22,000,000
Bank of America, N.A.consumer protection violation2018private lawsuit-federal$550,000
Bank of America, N.A.consumer protection violation2016private lawsuit-federal$27,500,000
Bank of America, N.A.consumer protection violation2014private lawsuit-federal$8,000,000
Bank of America, N.A.consumer protection violation2011private lawsuit-federal$9,950,000
Bank of America, N.A. (USA)consumer protection violation2015private lawsuit-federal$10,000,000
Countrywide Financial Corporationconsumer protection violation2013private lawsuit-federal$500,000,000
Countrywide Financial Corporationconsumer protection violation2011private lawsuit-federal$34,000,000
MBNA Corp.consumer protection violation2001private lawsuit-federal$8,700,000
Merrill Lynch, Pierce, Fenner & Smith Incorporatedconsumer protection violation2015private lawsuit-federal$10,571,428
Merrill Lynch, Pierce, Fenner & Smith Incorporatedconsumer protection violation2012private lawsuit-federal$11,500,000
Bank of America N.A.consumer protection violation2023private lawsuit-federal$8,000,000
Bank of Americawage and hour violation2024private lawsuit-federal$1,890,000
Bank of AmericaFalse Claims Act and related2001AK-AG$35,600,000
Merrill Lynch & Pierce, Fenner & Smith Inc.investor protection violation2010AR-SEC$15,000
Bank of Americaexport control violation2017BIS$44,625
COUNTRYWIDE FINANCIAL CORPORATION,wage and hour violation2008CA-LCO$5,164
Bank of America, N.A.consumer protection violation2017CA-MULTI$1,940,000
Bank of Americaenvironmental violation2007CA-SCAQMD$46,000
Countrywide Home Loansenvironmental violation2000CA-SCAQMD$5,000
Bank of America, N.A.consumer protection violation2014CFPB$747,000,000
Bank of Americaconsumer protection violation2022CFPB$10,000,000
Bank of Americabanking violation2022CFPB$100,000,000
Bank of Americaconsumer protection violation2023CFPB$90,000,000
Bank of Americaconsumer protection violation2023CFPB$12,000,000
Merrill Lynchinvestor protection violation2014CFTC$1,200,000
Merrill Lynchinvestor protection violation2011CFTC$350,000
Merrill Lynch Investment Managers, LLC and Merrill Lynch Alternative Investments, LLCdata submission deficiencies2007CFTC$500,000
Merrill Lynchinvestor protection violation2017CFTC$2,500,000
Bank of America, N.A.price-fixing or anti-competitive practices2018CFTC$30,000,000
Merrill Lynch Commodities, Inc.investor protection violation2019CFTC(*)Penalty amounts marked by an asterisk are ones announced by more than one agency. Parent penalty totals are adjusted to avoid double-counting. $24,900,000
Merrill Lynch, Pierce, Fenner & Smith Incorporatedinvestor protection violation2019CFTC$300,000
(*): Penalty amounts marked by an asterisk are ones announced by more than one agency. Parent penalty totals are adjusted to avoid double-counting.