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 Type sort iconYearAgencyPenalty Amount
Wells Fargo Bank N.A.employment discrimination2019OFCCP$283,697
Wells Fargo Financial Texas, Inc.employment discrimination2003EEOC$110,000
Wells Fargo Bank, N.A.employment discrimination2020OFCCP$7,800,000
Wells Fargo & Co.employment discrimination2021private lawsuit-federal$18,700,000
Wells Fargo Bankemployment screening violation2016private lawsuit-federal$12,000,000
Wells Fargo Bank, National AssociationFalse Claims Act and related2016DOJ_CIVIL$1,200,000,000
Wells Fargo BankFalse Claims Act and related2008USAO$4,046,786
Wells Fargo Bank, N. A.Family and Medical Leave Act2016WHD$11,874
Wells Fargo BankFamily and Medical Leave Act2006WHD$5,152
Wells Fargo & Companyfraud2020DOJ_CIVIL$3,000,000,000
Wells Fargo Bank, N.A. and Wells Fargo Insurance, Inc.insurance violation2019CA-INS$5,345,816
Wells Fargo Advisors LLCinvestor protection violation2014SEC$5,000,000
Evergreen Investment Management Company LLCinvestor protection violation2009SEC$40,000,000
Evergreen Investment Management Companyinvestor protection violation2007SEC$32,500,000
A.G. Edwards & Sons, Inc.investor protection violation2007SEC$3,860,000
A.G. Edwards & Sons, Inc.investor protection violation2006SEC$125,000
Wachovia Capital Markets, LLCinvestor protection violation2006SEC$125,000
Wachovia Corporationinvestor protection violation2004SEC$37,000,000
Strong Capital Management, Inc.investor protection violation2004SEC$80,000,000
Wachovia Securities, LLCinvestor protection violation2004SEC$4,844,465
Prudential Securities, Inc.investor protection violation2003SEC$382,000
Prudential Securities Incorporatedinvestor protection violation2000SEC$5,880,000
Wells Fargo Bank N.A. Municipal Products Groupinvestor protection violation2016SEC$440,000
Wells Fargo Advisors LLCinvestor protection violation2018SEC$5,108,441
Strong Capital Management, Inc.investor protection violation2006SEC$2,185,927
Norwest Investment Services, Inc.investor protection violation2002SEC$153,245
Prudential Securities Incorporatedinvestor protection violation2001SEC$800,000
First Union Securities, Inc.investor protection violation2000SEC$408,931
Wells Fargo Securitiesinvestor protection violation2019SEC$812,500
Wells Fargo Clearing Services, LLC and Wells Fargo Advisors Financial Network, LLCinvestor protection violation2019SEC$17,363,847
A.G. Edwards & Sons, Inc.investor protection violation2008NJ-AG$387,000
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
Wachovia Capital Markets LLCinvestor protection violation2006MULTI-AG$25,000,000
Wachovia Capital Markets, LLCinvestor protection violation2007MD-AG$402,386
Wachovia Securitiesinvestor protection violation2008MULTI-AG$60,000,000
Wachovia Securities, LLCinvestor protection violation2009DE-AG$309,000
Wachovia Securities, LLCinvestor protection violation2011NJ-AG$3,200,000
Wells Fargoinvestor protection violation2009CA-AG$1,400,000,000
Wells Fargo & Companyinvestor protection violation2018NY-AG$65,000,000
Wells Fargo Bank, N.A.investor protection violation2019CFTC$14,475,000
Wells Fargo Clearing Services and Wells Fargo Advisors Financial Networkinvestor protection violation2020SEC$35,000,000
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
Wachovia Securities, LLCinvestor protection violation2010AK-DBS$129,131
Wachovia Capital Markets, LLCinvestor protection violation2007CT-SEC$258,728
Wachovia Securities, LLC nka Wells Fargo Advisors, LLCinvestor protection violation2010CT-SEC$75,000
Wells Fargo Advisors, LLCinvestor protection violation2017IL-SEC$270,000
Wells Fargo Advisors, LLCinvestor protection violation2010IN-SEC$8,495
Wells Fargo Clearing Services, LLCinvestor protection violation2019MA-SEC$450,000
Wachovia Securities, LLCinvestor protection violation2008MD-SEC$50,000
Wells Fargo Advisors LLCinvestor protection violation2012MD-SEC$50,000
A.G. Edwards & Sons, Inc.investor protection violation2011MO-SEC$765,993
A.G. Edwards & Sons, Inc.investor protection violation2017MO-SEC$25,672
Wachovia Securities LLCinvestor protection violation2007ND-SEC$75,000
A.G. Edwards & Sons Inc.investor protection violation2003NE-DBF$20,000
Wells Fargo Advisors Financial Network, LLCinvestor protection violation2016NH-BSR$35,000
Ragen Mackenzie Investment Services LLCinvestor protection violation2004OR-FIN$8,500
A.G. Edwards & Sons Inc.investor protection violation2007SC-SEC$575,000
A.G. Edwards & Sons Inc.investor protection violation2008TX-SEC$5,000
WELLS FARGO ADVISORSinvestor protection violation2015VA-SEC$205,000
Wells Fargo Advisors LLCinvestor protection violation2016VT-FIN$300,000
Wachovia Capital Markets LLCinvestor protection violation2007MULTI-FIN$24,650,000
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 Investments, LLCinvestor protection violation2009MULTI-FIN$1,900,000
Wells Fargo & Co.investor protection violation2020MD-AG$20,000,000
Wells Fargo Clearing Services, LLC and Wells Fargo Advisors Financial Network, LLCinvestor protection violation2020FINRA$2,075,000
Wells Fargo Clearing Services, LLC and Wells Fargo Advisors Financial Network, LLCinvestor protection violation2017FINRA$3,400,000
Wells Fargo Securities, LLC and Wells Fargo Prime Services, LLCinvestor protection violation2016FINRA$4,000,000
Wells Fargo Advisors, LLC, Wells Fargo Advisors Financial Network, LLC and First Clearing, LLCinvestor protection violation2016FINRA$1,500,000
Wells Fargo Advisors, LLC and Wells Fargo Advisors Financial Network, LLCinvestor protection violation2015FINRA$15,000,000
Wells Fargo Securities, LLCinvestor protection violation2014FINRA$4,000,000
Wells Fargo Advisors, LLCinvestor protection violation2013FINRA$3,250,000
Wells Fargo Advisors, LLCinvestor protection violation2012FINRA$1,931,488
Wells Fargo Investments, LLCinvestor protection violation2011FINRA$2,000,000
Wells Fargo Advisors, LLCinvestor protection violation2011FINRA$1,000,000
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
Prudential Securitiesinvestor protection violation2008FINRA$1,050,000
Wachovia Capital Markets, LLCinvestor protection violation2007FINRA$300,000
Wells Fargo Securities, LLCinvestor protection violation2007FINRA$250,000
Wachovia Securities LLCinvestor protection violation2007FINRA$2,000,000
Wells Fargo Investmentsinvestor protection violation2005FINRA$3,000,000
Wells Fargo Investments, LLCinvestor protection violation2005FINRA$2,970,000
Wachovia Securities LLCinvestor protection violation2004FINRA$650,000
Wells Fargo Investments, LLCinvestor protection violation2004FINRA$150,000
Wachovia Securities, LLC.investor protection violation2004FINRA$39,486
Prudential Securities Incorporatedinvestor protection violation2001FINRA$20,000
Prudential Securities, Inc.investor protection violation2001FINRA$10,000
First Union Brokerage Services, Inc.investor protection violation2001FINRA$32,500
First Union Securities, Inc.investor protection violation2000FINRA$350,000
A.G. Edwards & Sons, Inc.investor protection violation2000FINRA$5,890,000
Prudential Securities, Inc.investor protection violation2000FINRA$100,000
Wells Fargoinvestor protection violation2023CFTC$75,000,000
Wells Fargo Securities, LLC et al.investor protection violation2023SEC$125,000,000
Wells Fargo Clearing Services LLCinvestor protection violation2023SEC$35,000,000
Wells Fargo Clearing Services LLCinvestor protection violation2023ME-SEC$5,000
First Union Banklabor relations violation2000NLRB$9,116
Wells Fargo & Companymortgage abuses2012DOJ$5,342,200,000
Wells Fargo Bankmortgage abuses2012DOJ_RIGHTS$234,300,000
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
(*): Penalty amounts marked by an asterisk are ones announced by more than one agency. Parent penalty totals are adjusted to avoid double-counting.