Violation Tracker

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Violation Tracker Industry Summary Page

Industry: financial services
Penalty Total since 2000: $387,559,149,282
Number of Records: 7,719
Note: The totals include only those entries matched to a parent company. The industry designation is the primary one for the parent's operations overall. The totals are adjusted to account for the fact that each parent's entries 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. They 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 individual records list below.

Top 10 Current Parent Companies	Total Penalty $	Number of Records
Bank of America	$87,286,650,890	328
JPMorgan Chase	$39,340,688,209	275
UBS	$31,069,299,125	179
Wells Fargo	$27,616,269,231	266
Citigroup	$26,945,611,792	181
Deutsche Bank	$20,011,467,563	99
Goldman Sachs	$17,729,358,987	111
NatWest Group PLC	$14,370,701,618	43
Morgan Stanley	$10,780,502,443	203
BNP Paribas	$10,363,464,666	23

Individual Penalty Records:

Click on the company or penalty amount for more information on each case. Click on the parent name to reach the summary page for that parent company.

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Company	Current Parent	Primary Offense Type	Year	Agency	Penalty Amount
Citigroup	Citigroup	wage and hour violation	2008	private lawsuit-federal	$98,000,000
Edward D. Jones & Co.	Jones Financial	wage and hour violation	2008	private lawsuit-federal	$19,000,000
USAA	USAA	wage and hour violation	2008	private lawsuit-federal	$738,423
A.G. Edwards	Wells Fargo	wage and hour violation	2007	private lawsuit-federal	$20,000,000
E-Loan Inc.	Popular Inc.	wage and hour violation	2007	private lawsuit-federal	$13,600,000
UBS	UBS	wage and hour violation	2007	private lawsuit-federal	$44,000,000
Bank of America	Bank of America	wage and hour violation	2007	private lawsuit-state	$2,500,000
UBS	UBS	wage and hour violation	2007	private lawsuit-federal	$45,000,000
Wells Fargo	Wells Fargo	wage and hour violation	2007	private lawsuit-federal	$12,800,000
Citigroup	Citigroup	wage and hour violation	2006	private lawsuit-federal	$3,550,000
Morgan Stanley	Morgan Stanley	wage and hour violation	2006	private lawsuit-federal	$42,500,000
Bank of America	Bank of America	wage and hour violation	2006	private lawsuit-federal	$9,000,000
Merrill Lynch	Bank of America	wage and hour violation	2006	private lawsuit-federal	$37,000,000
Liberty Mutual	Liberty Mutual Insurance	wage and hour violation	2005	private lawsuit-federal	$6,400,000
Allstate Insurance	Allstate	wage and hour violation	2005	private lawsuit-state	$120,000,000
Countrywide Financial	Bank of America	wage and hour violation	2005	private lawsuit-state	$30,000,000
State Farm	State Farm Insurance	wage and hour violation	2005	private lawsuit-state	$135,000,000
Progressive	Progressive	wage and hour violation	2004	private lawsuit-federal	$5,400,000
Bank of America	Bank of America	wage and hour violation	2003	private lawsuit-state	$4,100,000
Ditech	Ditech Holding Corporation	wage and hour violation	2002	private lawsuit-federal	$6,150,000
Coast National Insurance	Zurich Insurance	wage and hour violation	2002	private lawsuit-state	$18,000,000
Bank of America	Bank of America	wage and hour violation	2001	private lawsuit-state	$22,000,000
Farmers Insurance Exchange	Farmers Insurance Exchange	wage and hour violation	2001	private lawsuit-state	$90,009,208
Wilmington Finance Inc.	OneMain Holdings	wage and hour violation	2008	private lawsuit-federal	$2,925,000
American Express Financial Advisors	Ameriprise Financial	employment discrimination	2002	private lawsuit-federal	$31,000,000
Merrill Lynch	Bank of America	employment discrimination	2013	private lawsuit-federal	$38,225,000
Merrill Lynch	Bank of America	employment discrimination	2013	private lawsuit-federal	$160,000,000
Banc of America Investment Services	Bank of America	employment discrimination	2009	private lawsuit-federal	$7,200,000
Combined Insurance Company of America	Chubb Limited	employment discrimination	2005	private lawsuit-federal	$8,500,000
Cincinnati Insurance Company	Cincinnati Financial	employment discrimination	2006	private lawsuit-federal	$537,500
Farmers Insurance Exchange	Farmers Insurance Exchange	employment discrimination	2016	private lawsuit-federal	$6,140,000
JPMorgan Chase	JPMorgan Chase	employment discrimination	2018	private lawsuit-federal	$24,000,000
MetLife Securities	MetLife	employment discrimination	2017	private lawsuit-federal	$32,500,000
Metropolitan Life	MetLife	employment discrimination	2003	private lawsuit-federal	$10,000,000
Smith Barney	Morgan Stanley	employment discrimination	2008	private lawsuit-federal	$33,000,000
Morgan Stanley	Morgan Stanley	employment discrimination	2007	private lawsuit-federal	$46,000,000
Morgan Stanley	Morgan Stanley	employment discrimination	2008	private lawsuit-federal	$750,000
Morgan Stanley	Morgan Stanley	employment discrimination	2008	private lawsuit-federal	$16,000,000
Norddeutsche Landesbank Girozentrale	Norddeutsche Landesbank	employment discrimination	2008	private lawsuit-federal	$2,618,600
R.R. Donnelley & Sons	Chatham Asset Management	employment discrimination	2003	private lawsuit-federal	$15,000,000
Spencer Press of Maine	Chatham Asset Management	employment discrimination	2004	private lawsuit-federal	$480,552
R.R. Donnelley & Sons	Chatham Asset Management	employment discrimination	2004	private lawsuit-federal	$15,000,000
Wells Fargo Advisors	Wells Fargo	employment discrimination	2011	private lawsuit-federal	$32,000,000
Wells Fargo Advisors	Wells Fargo	employment discrimination	2017	private lawsuit-federal	$35,500,000
Willis Group	Willis Towers Watson	employment discrimination	2011	private lawsuit-federal	$11,595,038
Willis Group	Willis Towers Watson	employment discrimination	2008	private lawsuit-federal	$12,757,949
Liberty Mutual Insurance	Liberty Mutual Insurance	employment discrimination	2000	private lawsuit-state	$348,111
Ocwen Financial	Ocwen Financial	employment discrimination	2005	private lawsuit-state	$2,000,000
Wells Fargo Advisors, LLC	Wells Fargo	wage and hour violation	2018	private lawsuit-federal	$9,500,000
M&T Bank Corporation	M&T Bank	wage and hour violation	2018	private lawsuit-federal	$2,490,000
Allstate Insurance Company	Allstate	wage and hour violation	2018	private lawsuit-state	$5,500,000
FleetBoston Financial Corp	Bank of America	benefit plan administrator violation	2008	private lawsuit-federal	$83,401,000
J.P. Morgan Chase Retirement Plan	JPMorgan Chase	benefit plan administrator violation	2010	private lawsuit-federal	$604,957
SunTrust Banks, Inc.	Truist Financial	benefit plan administrator violation	2018	private lawsuit-federal	$4,750,000
Washington Mutual Inc.	JPMorgan Chase	benefit plan administrator violation	2010	private lawsuit-federal	$49,000,000
Washington Mutual Pension Plan	JPMorgan Chase	benefit plan administrator violation	2010	private lawsuit-federal	$20,000,000
Marsh & McLennan Companies, Inc.	Marsh & McLennan	benefit plan administrator violation	2010	private lawsuit-federal	$35,000,000
Bank of America Corp	Bank of America	benefit plan administrator violation	2011	private lawsuit-federal	$21,000,000
U.S. Bank Pension Plan	U.S. Bancorp	benefit plan administrator violation	2012	private lawsuit-federal	$9,600,000
First Horizon National Corporation	First Horizon National	benefit plan administrator violation	2012	private lawsuit-federal	$6,000,000
Regions Financial Corp.	Regions Financial	benefit plan administrator violation	2014	private lawsuit-federal	$22,500,000
United Community Banks, Inc.	United Community Banks Inc.	benefit plan administrator violation	2013	private lawsuit-federal	$3,500,000
Flagstar Bancorp, Inc.	New York Community Bancorp	benefit plan administrator violation	2013	private lawsuit-federal	$3,000,000
ING Life Insurance & Annuity Co.	Voya Financial	benefit plan administrator violation	2014	private lawsuit-federal	$14,950,000
Nationwide Life Insurance	Nationwide	benefit plan administrator violation	2015	private lawsuit-federal	$140,000,000
State Street Corporation	State Street Corp.	benefit plan administrator violation	2014	private lawsuit-federal	$10,000,000
Prudential Insurance	Prudential Financial	benefit plan administrator violation	2014	private lawsuit-federal	$39,100,000
TIAA-CREF	TIAA	benefit plan administrator violation	2014	private lawsuit-federal	$22,800,000
American International Group, Inc.	American International Group	benefit plan administrator violation	2015	private lawsuit-federal	$40,000,000
Northern Trust Investments, N.A.	Northern Trust	benefit plan administrator violation	2015	private lawsuit-federal	$36,000,000
Merrill Lynch, Pierce, Fenner & Smith Incorporated	Bank of America	benefit plan administrator violation	2017	private lawsuit-federal	$25,000,000
Liberty Mutual Retirement Benefit Plan	Liberty Mutual Insurance	benefit plan administrator violation	2018	private lawsuit-federal	$30,000,000
Deutsche Bank Americas Holding Corp.	Deutsche Bank	benefit plan administrator violation	2019	private lawsuit-federal	$21,900,000
Merrill Lynch	Bank of America	benefit plan administrator violation	2012	private lawsuit-federal	$10,000,000
JPMorgan Chase Bank, N.A.	JPMorgan Chase	benefit plan administrator violation	2012	private lawsuit-federal	$150,000,000
Bear Stearns Companies, Inc.	JPMorgan Chase	benefit plan administrator violation	2012	private lawsuit-federal	$10,000,000
Fannie Mae	Fannie Mae	benefit plan administrator violation	2010	private lawsuit-federal	$7,250,000
Merrill Lynch & Co., Inc.	Bank of America	benefit plan administrator violation	2009	private lawsuit-federal	$75,000,000
Countrywide Financial Corporation	Bank of America	benefit plan administrator violation	2009	private lawsuit-federal	$55,000,000
Wells Fargo Bank N.A.	Wells Fargo	benefit plan administrator violation	2014	private lawsuit-federal	$62,500,000
Wells Fargo & Company	Wells Fargo	benefit plan administrator violation	2011	private lawsuit-federal	$17,500,000
Wells Fargo & Company	Wells Fargo	benefit plan administrator violation	2015	private lawsuit-federal	$7,420,000
Wachovia Corporation	Wells Fargo	benefit plan administrator violation	2011	private lawsuit-federal	$12,350,000
Wachovia Securities	Wells Fargo	benefit plan administrator violation	2009	private lawsuit-federal	$1,005,000
Citigroup, Inc.	Citigroup	benefit plan administrator violation	2019	private lawsuit-federal	$6,900,000
Citigroup Inc.	Citigroup	benefit plan administrator violation	2014	private lawsuit-federal	$8,500,000
Metropolitan Life	MetLife	benefit plan administrator violation	2012	private lawsuit-federal	$350,000
American International Group, Inc.	American International Group	benefit plan administrator violation	2008	private lawsuit-federal	$24,200,000
New York Life Insurance	New York Life Insurance	benefit plan administrator violation	2008	private lawsuit-federal	$14,000,000
New York Life Insurance Company	New York Life Insurance	benefit plan administrator violation	2017	private lawsuit-federal	$3,000,000
Teachers Insurance and Annuity Insurance Association of America	TIAA	benefit plan administrator violation	2017	private lawsuit-federal	$5,000,000
Massachusetts Mutual Life Insurance Co.	Massachusetts Mutual Life Insurance	benefit plan administrator violation	2016	private lawsuit-federal	$30,900,000
Massachusetts Mutual Life Insurance Co.	Massachusetts Mutual Life Insurance	benefit plan administrator violation	2015	private lawsuit-federal	$9,475,000
St Paul Travelers Companies Inc.	Travelers	benefit plan administrator violation	2007	private lawsuit-federal	$4,450,000
Hartford Financial Services Group Inc.	Hartford Financial Services	benefit plan administrator violation	2012	private lawsuit-federal	$1,935,000
Hartford Life Insurance Company	Hartford Financial Services	benefit plan administrator violation	2010	private lawsuit-federal	$13,775,000
Bank of New York Mellon Corporation	Bank of New York Mellon	benefit plan administrator violation	2015	private lawsuit-federal	$335,000,000
Bank of New York Mellon Corporation	Bank of New York Mellon	benefit plan administrator violation	2009	private lawsuit-federal	$2,200,000
Principal Life Insurance Company	Principal Financial	benefit plan administrator violation	2015	private lawsuit-federal	$3,000,000
Ameriprise Financial, Inc.	Ameriprise Financial	benefit plan administrator violation	2015	private lawsuit-federal	$27,500,000
State Street Bank And Trust Co.	State Street Corp.	benefit plan administrator violation	2010	private lawsuit-federal	$89,750,000