Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Current Parent Company Summary

Current Parent Company Name: Wells Fargo
Ownership Structure: publicly traded (ticker symbol WFC)
Headquartered in: California
Major Industry: financial services
Specific Industry: banking
Penalty total since 2000: $27,616,269,231
Number of records: 266
Top 5 Offense Groups (Groups Defined)Penalty TotalNumber of Records
consumer-protection-related offenses$11,542,492,25260
financial offenses$10,735,220,989127
competition-related offenses$3,212,570,0006
government-contracting-related offenses$1,204,046,7862
employment-related offenses$921,403,20465
Top 5 Primary Offense TypesPenalty TotalNumber of Records
consumer protection violation$5,790,156,74340
mortgage abuses$5,625,783,6717
banking violation$4,091,194,88618
toxic securities abuses$3,637,750,0007
fraud$3,000,000,0001
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 TypeYearAgencyPenalty Amount sort icon
Evergreen Investment Management Companyinvestor protection violation2007SEC$32,500,000
Wells Fargo & Co.benefit plan administrator violation2022private lawsuit-federal$32,500,000
Wells Fargomortgage abuses2010CA-AG$33,868,615
Wells Fargo Bank, National Associationbanking violation2011OCC$34,500,000
Wells Fargoconsumer protection violation2015CFPB$34,800,000
Wells Fargo Bankbanking violation2016OCC$35,000,000
Wells Fargo & Companywage and hour violation2020private lawsuit-federal$35,000,000
Wells Fargo Clearing Services and Wells Fargo Advisors Financial Networkinvestor protection violation2020SEC$35,000,000
Wells Fargoprice-fixing or anti-competitive practices2013private lawsuit-federal$35,000,000
Wells Fargo Clearing Services LLCinvestor protection violation2023SEC$35,000,000
Wells Fargo Advisorsemployment discrimination2017private lawsuit-federal$35,500,000
Wachovia Corporationinvestor protection violation2004SEC$37,000,000
Wachovia Securitieswage and hour violation2009private lawsuit-federal$39,000,000
Evergreen Investment Management Company LLCinvestor protection violation2009SEC$40,000,000
Wells Fargo Merchant Services LLCconsumer protection violation2021private lawsuit-federal$40,000,000
Wells Fargo Bank, N.A.consumer protection violation2021private lawsuit-federal$45,000,000
Wachovia Bank N.A.banking violation2010OCC$50,000,000
Wachovia Bank N.A.anti-money-laundering deficiencies2010USAO$50,000,000
Wells Fargoconsumer protection violation2016CA-LACA$50,000,000
Wachovia Securities LLCinvestor protection violation2008MULTI-FIN(*)Penalty amounts marked by an asterisk are ones announced by more than one agency. Parent penalty totals are adjusted to avoid double-counting. $50,000,000
Wells Fargo N.A.consumer protection violation2017private lawsuit-federal$50,000,000
Wachoviatoxic securities abuses2015NCUA$53,000,000
Wells Fargo & Co.consumer protection violation2019private lawsuit-federal$55,000,000
Wachovia Bank N.A.price-fixing or anti-competitive practices2011MULTI-AG(*)Penalty amounts marked by an asterisk are ones announced by more than one agency. Parent penalty totals are adjusted to avoid double-counting. $58,750,000
Wachovia Securitiesinvestor protection violation2008MULTI-AG$60,000,000
Wells Fargo Bank N.A.benefit plan administrator violation2014private lawsuit-federal$62,500,000
Wells Fargo & Companyinvestor protection violation2018NY-AG$65,000,000
Wells Fargo & Co.banking violation2023FED$67,762,500
Wells Fargo Bank, N.A.banking violation2016OCC$70,000,000
Wells Fargo Bank, N.A.banking violation2021USAO$72,600,000
Wells Fargoinvestor protection violation2023CFTC$75,000,000
Wells Fargo & Companybenefit plan administrator violation2020private lawsuit-federal$79,000,000
Strong Capital Management, Inc.investor protection violation2004SEC$80,000,000
Wells Fargo Bank N.A.bankruptcy professional violation2015DOJ_UTP$81,600,000
Wells Fargo Bank N.A.consumer protection violation2024private lawsuit-federal$81,700,000
Wells Fargo & Companybanking violation2011FED$85,000,000
Wells Fargo & Companybanking violation2012FED$87,000,000
Wells Fargo Bank, N.A.wage and hour violation2021private lawsuit-federal$95,696,122
Wells Fargo Bankbanking violation2016CFPB$100,000,000
Wachovia Bankanti-money-laundering deficiencies2010FINCEN$110,000,000
Strong Capital Management Co.investor protection violation2004MULTI-AG(*)Penalty amounts marked by an asterisk are ones announced by more than one agency. Parent penalty totals are adjusted to avoid double-counting. $115,000,000
Wells Fargo Bank N.A.consumer protection violation2011private lawsuit-federal$125,000,000
Wells Fargo Securities, LLC et al.investor protection violation2023SEC$125,000,000
Wells Fargo Bank N.A.consumer protection violation2014private lawsuit-federal$140,500,000
Wells Fargo & Co.consumer protection violation2018private lawsuit-federal$142,000,000
Wells Fargo and Companybenefit plan administrator violation2022EBSA$145,000,000
Wachovia Bank N.A.price-fixing or anti-competitive practices2011DOJ_ANTITRUST$148,000,000
Wachovia Bank, National Associationbanking violation2008OCC$168,900,000
Wells Fargo Bank N.A.consumer protection violation2016private lawsuit-federal$203,000,000
Wells Fargo Bankmortgage abuses2012DOJ_RIGHTS$234,300,000
Wells Fargo Bank, National Associationbanking violation2021OCC$250,000,000
Wells Fargo Bank, N.A.consumer protection violation2019private lawsuit-federal$386,000,000
Wells Fargo Bank N.A.banking violation2018OCC$500,000,000
Wells Fargo Bank N.A.consumer protection violation2018CFPB$500,000,000
Wells Fargo & Co.investor protection violation2020SEC(*)Penalty amounts marked by an asterisk are ones announced by more than one agency. Parent penalty totals are adjusted to avoid double-counting. $500,000,000
Wells Fargo Bank N.A.banking violation2018MULTI-AG$575,000,000
Wells Fargotoxic securities abuses2013FHFA$591,000,000
Wells Fargo Bank, National Associationtoxic securities abuses2013FHFA$869,000,000
Wells Fargomortgage abuses2012MULTI-AG(*)Penalty amounts marked by an asterisk are ones announced by more than one agency. Parent penalty totals are adjusted to avoid double-counting. $1,005,233,716
Wells Fargo Bank, National AssociationFalse Claims Act and related2016DOJ_CIVIL$1,200,000,000
Wells Fargoinvestor protection violation2009CA-AG$1,400,000,000
Wells Fargobanking violation2013OCC$1,991,141,181
Wells Fargo Bank, N.A.toxic securities abuses2018DOJ_CIVIL$2,090,000,000
Wells Fargo & Companyfraud2020DOJ_CIVIL$3,000,000,000
Wells Fargo Bankconsumer protection violation2022CFPB$3,700,000,000
Wells Fargo & Companymortgage abuses2012DOJ$5,342,200,000
(*): Penalty amounts marked by an asterisk are ones announced by more than one agency. Parent penalty totals are adjusted to avoid double-counting.