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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.

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CompanyPrimary Offense TypeYear sort iconAgencyPenalty Amount
Wells Fargo & Co.consumer protection violation2016private lawsuit-federal$25,750,000
Wells Fargo Bank N.A.consumer protection violation2016private lawsuit-federal$203,000,000
Wells Fargoconsumer protection violation2015CFPB$34,800,000
Wells Fargo Bank, National Associationbanking violation2015OCC$4,000,000
Wachoviatoxic securities abuses2015NCUA$53,000,000
Wells Fargoemployment discrimination2015OFCCP$14,000
Wells Fargo Insurance Serviceswage and hour violation2015private lawsuit-federal$2,000,000
Wells Fargo Bankwage and hour violation2015private lawsuit-federal$1,850,000
Wells Fargo & Companybenefit plan administrator violation2015private lawsuit-federal$7,420,000
Wells Fargo Bank N.A.bankruptcy professional violation2015DOJ_UTP$81,600,000
Wells Fargo Bankmortgage abuses2015MA-AG$675,000
Wells Fargo Bankmortgage abuses2015MD-AG$13,800,000
Wells Fargo Bankconsumer protection violation2015NY-DFS$4,000,000
WELLS FARGO ADVISORSinvestor protection violation2015VA-SEC$205,000
Wells Fargo Advisors, LLC and Wells Fargo Advisors Financial Network, LLCinvestor protection violation2015FINRA$15,000,000
Wells Fargo Advisors LLCinvestor protection violation2014SEC$5,000,000
Wells Fargo Home Mortgagediscriminatory practices (non-employment)2014HUD$5,000,000
Wells Fargo Bank, N.A.employment discrimination2014EEOC$290,000
Wells Fargo & Companyemployment discrimination2014EEOC$295,000
Wells Fargowage and hour violation2014private lawsuit-federal$15,000,000
Wells Fargowage and hour violation2014private lawsuit-state$3,000,000
Wells Fargo Bank N.A.benefit plan administrator violation2014private lawsuit-federal$62,500,000
Wells Fargo & Companywage and hour violation2014WHD$100,001
Wells Fargo Fund Distributor, LLCconsumer protection violation2014CA-DFPI$8,000
Wells Fargo Advisors and Wells Fargo Advisors Financial Networkanti-money-laundering deficiencies2014FINRA$1,500,000
Wells Fargo Securities, LLCinvestor protection violation2014FINRA$4,000,000
Wells Fargo Bank N.A.consumer protection violation2014private lawsuit-federal$140,500,000
Wells Fargobanking violation2013OCC$1,991,141,181
Wells Fargotoxic securities abuses2013FHFA$591,000,000
Wells Fargo Bank, National Associationtoxic securities abuses2013FHFA$869,000,000
Wells Fargo Advisorswage and hour violation2013private lawsuit-federal$4,000,000
Wells Fargo Bank, N.A.economic sanction violation2013OFAC$23,937
Wells Fargo Advisors, LLCinvestor protection violation2013FINRA$3,250,000
Wells Fargo Bank, National Associationwage and hour violation2013CA-LCO$37,036
Wells Fargoprice-fixing or anti-competitive practices2013private lawsuit-federal$35,000,000
Wells Fargo & Co.consumer protection violation2013private lawsuit-federal$12,500,000
WELLS FARGO BANK #1692workplace safety or health violation2013OSHA$12,000
Wells Fargo & Companybanking violation2012FED$87,000,000
Wells Fargo & Companymortgage abuses2012DOJ$5,342,200,000
Wells Fargotoxic securities abuses2012SEC$6,500,000
Wells Fargo Bankmortgage abuses2012DOJ_RIGHTS$234,300,000
Wells Fargo Bankwage and hour violation2012private lawsuit-federal$280,000
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 Fargomortgage abuses2012MD-AG$940,056
Wells Fargo Advisors LLCinvestor protection violation2012MD-SEC$50,000
Wells Fargodiscriminatory practices (non-employment)2012private lawsuit-federal$7,500,000
Wells Fargo Bank, N.A.discriminatory practices (non-employment)2012private lawsuit-federal$7,500,000
Wells Fargo Advisors, LLCinvestor protection violation2012FINRA$1,931,488
Wells Fargo Bank N.A.consumer protection violation2012private lawsuit-federal$6,778,000
Wells Fargo Bank N.A.consumer protection violation2012private lawsuit-federal$3,190,000
Wachovia Bank N.A.price-fixing or anti-competitive practices2011DOJ_ANTITRUST$148,000,000
Wells Fargo Bank, National Associationbanking violation2011OCC$34,500,000
Wells Fargo & Companybanking violation2011FED$85,000,000
Wells Fargo Securities LLCtoxic securities abuses2011SEC$11,000,000
Wells Fargo & CompanyAmericans with Disabilities Act2011DOJ_RIGHTS$16,055,000
Wells Fargo Bank NAwage and hour violation2011WHD$31,770
Wells Fargowage and hour violation2011private lawsuit-federal$6,660,000
Wells Fargo Bankwage and hour violation2011private lawsuit-federal$100,000
Wells Fargowage and hour violation2011private lawsuit-federal$6,720,000
Wells Fargowage and hour violation2011private lawsuit-federal$6,900,000
Wells Fargo Advisorsemployment discrimination2011private lawsuit-federal$32,000,000
Wells Fargo & Companybenefit plan administrator violation2011private lawsuit-federal$17,500,000
Wachovia Corporationbenefit plan administrator violation2011private lawsuit-federal$12,350,000
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 Securities, LLCinvestor protection violation2011NJ-AG$3,200,000
Wells Fargo Bankconsumer protection violation2011CT-AG$741,465
A.G. Edwards & Sons, Inc.investor protection violation2011MO-SEC$765,993
Wells Fargo Bank N.A.discriminatory practices (non-employment)2011private lawsuit-state$3,520,000
Wells Fargo Investments, LLCinvestor protection violation2011FINRA$2,000,000
Wells Fargo Advisors, LLCinvestor protection violation2011FINRA$1,000,000
Wells Fargo Bank N.A.consumer protection violation2011private lawsuit-federal$125,000,000
Wachovia Bank N.A.banking violation2010OCC$50,000,000
Wachovia Bankanti-money-laundering deficiencies2010FINCEN$110,000,000
Wachovia Bank N.A.anti-money-laundering deficiencies2010USAO$50,000,000
Wachovia Financial Serviceswage and hour violation2010private lawsuit-federal$450,000
Wells Fargowage and hour violation2010private lawsuit-federal$20,000,000
Wells Fargoconsumer protection violation2010MULTI-AG$23,700,000
Wells Fargomortgage abuses2010CA-AG$33,868,615
Wells Fargo Bank, N.Aeconomic sanction violation2010OFAC$67,500
Wachovia Securities, LLCinvestor protection violation2010AK-DBS$129,131
Wachovia Securities, LLC nka Wells Fargo Advisors, LLCinvestor protection violation2010CT-SEC$75,000
Wells Fargo Advisors, LLCinvestor protection violation2010IN-SEC$8,495
Wells Fargo Home Mortgage Incwage and hour violation2010MI-LEO$9,222
WELLS FARGO FINANCIAL BANKbanking violation2009FDIC$125,000
Wells Fargo Bank, National Associationbanking violation2009OCC$51,205
Evergreen Investment Management Company LLCinvestor protection violation2009SEC$40,000,000
Wachovia Securitieswage and hour violation2009private lawsuit-federal$39,000,000
A.G. Edwardswage and hour violation2009private lawsuit-federal$12,000,000
Wachovia Securitiesbenefit plan administrator violation2009private lawsuit-federal$1,005,000
Wachovia Securities, LLCinvestor protection violation2009DE-AG$309,000
Wells Fargoinvestor protection violation2009CA-AG$1,400,000,000
Wells Fargo Investments, LLCinvestor protection violation2009MULTI-FIN$1,900,000
Wells Fargo Investments, LLCinvestor protection violation2009FINRA$275,000
Wachovia Securities, LLCinvestor protection violation2009FINRA$1,400,000
Wachovia Securities, LLC and First Clearing, LLCinvestor protection violation2009FINRA$1,100,000
Wachovia Securitiesinvestor protection violation2009FINRA$4,500,000
A.G. Edwards and Sons Inc.economic sanction violation2008OFAC$122,358
Wachovia Bank, National Associationbanking violation2008OCC$168,900,000
A.G. Edwards & Sons, Inc.investor protection violation2008NJ-AG$387,000
Wachovia Securitiesinvestor protection violation2008MULTI-AG$60,000,000
Wells Fargo BankFalse Claims Act and related2008USAO$4,046,786
(*): Penalty amounts marked by an asterisk are ones announced by more than one agency. Parent penalty totals are adjusted to avoid double-counting.