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Violation Tracker Current Parent Company Summary
Current Parent Company Name: TIAA
Ownership Structure: non-profit
Headquartered in: New York
Major Industry: financial services
Specific Industry: financial services
Penalty total since 2000: $199,211,272
Number of records: 23
| Top 5 Offense Groups (Groups Defined) | Penalty Total | Number of Records |
| financial offenses | $157,725,722 | 8 |
| employment-related offenses | $35,108,785 | 11 |
| consumer-protection-related offenses | $6,369,265 | 3 |
| safety-related offenses | $7,500 | 1 |
| Top 5 Primary Offense Types | Penalty Total | Number of Records |
| accounting fraud or deficiencies | $97,000,000 | 1 |
| banking violation | $38,000,000 | 2 |
| benefit plan administrator violation | $27,800,000 | 3 |
| investor protection violation | $22,725,722 | 5 |
| insurance violation | $6,369,265 | 3 |
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.
| Company | Primary Offense Type | Year | Agency | Penalty Amount  |
| TIAA-CREF Individual & Institutional Services, LLC | benefit plan administrator violation | 2021 | NY-AG | (*)Penalty amounts marked by an asterisk are ones announced by more than one agency. Parent penalty totals are adjusted to avoid double-counting. $97,000,000 |
| TIAA-CREF Individual & Institutional Services LLC | accounting fraud or deficiencies | 2021 | SEC | $97,000,000 |
| Everbank | banking violation | 2013 | OCC | $37,000,000 |
| TIAA-CREF | benefit plan administrator violation | 2014 | private lawsuit-federal | $22,800,000 |
| Nuveen Securities LLC | investor protection violation | 2023 | SEC | $8,500,000 |
| John Nuveen & Co., Inc. | investor protection violation | 2000 | FINRA | $6,630,000 |
| TIAA-CREF Life Insurance Company | insurance violation | 2013 | MULTI-FIN | $6,200,000 |
| Teachers Insurance and Annuity Insurance Association of America | benefit plan administrator violation | 2017 | private lawsuit-federal | $5,000,000 |
| TIAA Bank, FSB | wage and hour violation | 2020 | private lawsuit-federal | $3,500,000 |
| Nuveen Investments, LLC | investor protection violation | 2011 | FINRA | $3,000,000 |
| TIAA-CREF Individual & Institutional Services, LLC | investor protection violation | 2019 | SEC | $2,395,722 |
| TIAA-CREF Individual & Institutional Services LLC | investor protection violation | 2024 | SEC | $2,200,000 |
| Teachers Insurance and Annuity Association | employment discrimination | 2020 | OFCCP | $1,500,000 |
| Teachers Insurance Annuity Association | wage and hour violation | 2007 | WHD | $1,171,404 |
| Everbank | banking violation | 2016 | OCC | $1,000,000 |
| TIAA - CREF | wage and hour violation | 2006 | WHD | $468,336 |
| TIAA | wage and hour violation | 2005 | WHD | $327,168 |
| TIAA-CREF | labor relations violation | 2016 | NLRB | $304,216 |
| TIAA-CREF Life Insurance Company | insurance violation | 2016 | NY-DFS | $139,940 |
| TIAA-CREF Life Insurance Company | insurance violation | 2016 | NY-DFS | $29,325 |
| Nuveen Services LLC | wage and hour violation | 2018 | IL-DOL | $27,983 |
| Teachers Insurance & Annuity Assoc of America | wage and hour violation | 2017 | WHD | $9,678 |
| TIAA-CREF | aviation safety violation | 2015 | FAA | $7,500 |
