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$10,735,730,989130
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)
Company sort iconPrimary Offense TypeYearAgencyPenalty Amount
Wachovia Securities, LLCinvestor protection violation2011NJ-AG$3,200,000
Wachovia Securities, LLCinvestor protection violation2010AK-DBS$129,131
Wachovia Securities, LLCinvestor protection violation2008MD-SEC$50,000
Wachovia Securities, LLCinvestor protection violation2009FINRA$1,400,000
Wachovia Securities LLCinvestor protection violation2007ND-SEC$75,000
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
Wachovia Securities LLCinvestor protection violation2007FINRA$2,000,000
Wachovia Securities LLCinvestor protection violation2004FINRA$650,000
Wachovia Securitieswage and hour violation2009private lawsuit-federal$39,000,000
Wachovia Securitiesbenefit plan administrator violation2009private lawsuit-federal$1,005,000
Wachovia Securitiesinvestor protection violation2008MULTI-AG$60,000,000
Wachovia Securitiesinvestor protection violation2009FINRA$4,500,000
Wachovia National Bank, N.A.benefit plan administrator violation2000EBSA$30,000,000
Wachovia Financial Serviceswage and hour violation2010private lawsuit-federal$450,000
Wachovia Corporationinvestor protection violation2004SEC$37,000,000
Wachovia Corporationbenefit plan administrator violation2011private lawsuit-federal$12,350,000
Wachovia Capital Markets, LLCinvestor protection violation2006SEC$125,000
Wachovia Capital Markets, LLCinvestor protection violation2007MD-AG$402,386
Wachovia Capital Markets, LLCinvestor protection violation2007CT-SEC$258,728
Wachovia Capital Markets, LLCinvestor protection violation2007FINRA$300,000
Wachovia Capital Markets LLCinvestor protection violation2006MULTI-AG$25,000,000
Wachovia Capital Markets LLCinvestor protection violation2007MULTI-FIN$24,650,000
Wachovia Bank, National Associationbanking violation2008OCC$168,900,000
Wachovia Bank N.A.price-fixing or anti-competitive practices2011DOJ_ANTITRUST$148,000,000
Wachovia Bank N.A.banking violation2010OCC$50,000,000
Wachovia Bank N.A.anti-money-laundering deficiencies2010USAO$50,000,000
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 Bankanti-money-laundering deficiencies2010FINCEN$110,000,000
Wachovia Bankeconomic sanction violation2007OFAC$11,000
Wachovia Bankeconomic sanction violation2005OFAC$5,500
Wachovia Bankeconomic sanction violation2004OFAC$11,000
Wachovia Bankwage and hour violation2004WHD$5,798,744
Wachoviatoxic securities abuses2015NCUA$53,000,000
Strong Capital Management, Inc.investor protection violation2004SEC$80,000,000
Strong Capital Management, Inc.investor protection violation2006SEC$2,185,927
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
Ragen Mackenzie Investment Services LLCinvestor protection violation2004OR-FIN$8,500
Prudential Securities, Inc.investor protection violation2002CFTC$65,000
Prudential Securities, Inc.investor protection violation2003SEC$382,000
Prudential Securities, Inc.investor protection violation2001FINRA$10,000
Prudential Securities, Inc.investor protection violation2000FINRA$100,000
Prudential Securities Incorporatedinvestor protection violation2000SEC$5,880,000
Prudential Securities Incorporatedinvestor protection violation2001SEC$800,000
Prudential Securities Incorporatedinvestor protection violation2001FINRA$20,000
Prudential Securitiesinvestor protection violation2008FINRA$1,050,000
Norwest Investment Services, Inc.investor protection violation2002SEC$153,245
First Union Securities, Inc.investor protection violation2000SEC$408,931
First Union Securities, Inc.investor protection violation2000FINRA$350,000
First Union Brokerage Services, Inc.investor protection violation2001FINRA$32,500
First Union Bankeconomic sanction violation2004OFAC$18,740
First Union Banklabor relations violation2000NLRB$9,116
Evergreen Investment Management Company LLCinvestor protection violation2009SEC$40,000,000
Evergreen Investment Management Companyinvestor protection violation2007SEC$32,500,000
A.G. Edwards and Sons Inc.economic sanction violation2008OFAC$122,358
A.G. Edwards & Sons, Inc.investor protection violation2003CFTC$45,000
A.G. Edwards & Sons, Inc.investor protection violation2007SEC$3,860,000
A.G. Edwards & Sons, Inc.investor protection violation2006SEC$125,000
A.G. Edwards & Sons, Inc.investor protection violation2008NJ-AG$387,000
A.G. Edwards & Sons, Inc.investor protection violation2011MO-SEC$765,993
A.G. Edwards & Sons, Inc.investor protection violation2017MO-SEC$25,672
A.G. Edwards & Sons, Inc.investor protection violation2000FINRA$5,890,000
A.G. Edwards & Sons Inc.investor protection violation2003NE-DBF$20,000
A.G. Edwards & Sons Inc.investor protection violation2007SC-SEC$575,000
A.G. Edwards & Sons Inc.investor protection violation2008TX-SEC$5,000
A.G. Edwardswage and hour violation2009private lawsuit-federal$12,000,000
A.G. Edwardswage and hour violation2007private lawsuit-federal$20,000,000
(*): Penalty amounts marked by an asterisk are ones announced by more than one agency. Parent penalty totals are adjusted to avoid double-counting.