Violation Tracker

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Violation Tracker Industry Summary Page

Industry: financial services
Penalty Total since 2000: $339,976,074,213
Number of Records: 6,952
Note: The totals include only those entries matched to a parent company. The industry designation is the primary one for the parent's operations overall. The totals are adjusted to account for the fact that each parent's entries 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. They 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 individual records list below.

Top 10 Current Parent Companies	Total Penalty $	Number of Records
Bank of America	$82,898,016,192	264
JPMorgan Chase	$36,107,446,133	199
Citigroup	$25,540,645,217	156
Wells Fargo	$21,881,892,841	222
Deutsche Bank	$18,341,457,302	76
UBS	$16,879,318,334	102
Goldman Sachs	$16,399,485,793	87
NatWest Group PLC	$13,515,546,857	31
BNP Paribas	$12,148,363,950	19
Credit Suisse	$10,732,400,126	49

Individual Penalty Records:

Click on the company or penalty amount for more information on each case. Click on the parent name to reach the summary page for that parent company.

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Company	Current Parent	Primary Offense Type	Year	Agency	Penalty Amount
M&T Bank Corporation	M&T Bank	wage and hour violation	2018	private lawsuit-federal	$2,490,000
Allstate Insurance Company	Allstate	wage and hour violation	2018	private lawsuit-state	$5,500,000
FleetBoston Financial Corp	Bank of America	benefit plan administrator violation	2008	private lawsuit-federal	$83,401,000
J.P. Morgan Chase Retirement Plan	JPMorgan Chase	benefit plan administrator violation	2010	private lawsuit-federal	$604,957
SunTrust Banks, Inc.	Truist Financial	benefit plan administrator violation	2018	private lawsuit-federal	$4,750,000
Washington Mutual Inc.	JPMorgan Chase	benefit plan administrator violation	2010	private lawsuit-federal	$49,000,000
Washington Mutual Pension Plan	JPMorgan Chase	benefit plan administrator violation	2010	private lawsuit-federal	$20,000,000
Marsh & McLennan Companies, Inc.	Marsh & McLennan	benefit plan administrator violation	2010	private lawsuit-federal	$35,000,000
Bank of America Corp	Bank of America	benefit plan administrator violation	2011	private lawsuit-federal	$21,000,000
U.S. Bank Pension Plan	U.S. Bancorp	benefit plan administrator violation	2012	private lawsuit-federal	$9,600,000
First Horizon National Corporation	First Horizon National	benefit plan administrator violation	2012	private lawsuit-federal	$6,000,000
Regions Financial Corp.	Regions Financial	benefit plan administrator violation	2014	private lawsuit-federal	$22,500,000
United Community Banks, Inc.	United Community Banks Inc.	benefit plan administrator violation	2013	private lawsuit-federal	$3,500,000
Flagstar Bancorp, Inc.	Flagstar Bancorp	benefit plan administrator violation	2013	private lawsuit-federal	$3,000,000
ING Life Insurance & Annuity Co.	Voya Financial	benefit plan administrator violation	2014	private lawsuit-federal	$14,950,000
Nationwide Life Insurance	Nationwide	benefit plan administrator violation	2015	private lawsuit-federal	$140,000,000
State Street Corporation	State Street Corp.	benefit plan administrator violation	2014	private lawsuit-federal	$10,000,000
Prudential Insurance	Prudential Financial	benefit plan administrator violation	2014	private lawsuit-federal	$39,100,000
TIAA-CREF	TIAA	benefit plan administrator violation	2014	private lawsuit-federal	$22,800,000
American International Group, Inc.	American International Group	benefit plan administrator violation	2015	private lawsuit-federal	$40,000,000
Northern Trust Investments, N.A.	Northern Trust	benefit plan administrator violation	2015	private lawsuit-federal	$36,000,000
Merrill Lynch, Pierce, Fenner & Smith Incorporated	Bank of America	benefit plan administrator violation	2017	private lawsuit-federal	$25,000,000
Liberty Mutual Retirement Benefit Plan	Liberty Mutual Insurance	benefit plan administrator violation	2018	private lawsuit-federal	$30,000,000
Deutsche Bank Americas Holding Corp.	Deutsche Bank	benefit plan administrator violation	2019	private lawsuit-federal	$21,900,000
Merrill Lynch	Bank of America	benefit plan administrator violation	2012	private lawsuit-federal	$10,000,000
JPMorgan Chase Bank, N.A.	JPMorgan Chase	benefit plan administrator violation	2012	private lawsuit-federal	$150,000,000
Bear Stearns Companies, Inc.	JPMorgan Chase	benefit plan administrator violation	2012	private lawsuit-federal	$10,000,000
Fannie Mae	Fannie Mae	benefit plan administrator violation	2010	private lawsuit-federal	$7,250,000
Merrill Lynch & Co., Inc.	Bank of America	benefit plan administrator violation	2009	private lawsuit-federal	$75,000,000
Countrywide Financial Corporation	Bank of America	benefit plan administrator violation	2009	private lawsuit-federal	$55,000,000
Wells Fargo Bank N.A.	Wells Fargo	benefit plan administrator violation	2014	private lawsuit-federal	$62,500,000
Wells Fargo & Company	Wells Fargo	benefit plan administrator violation	2011	private lawsuit-federal	$17,500,000
Wells Fargo & Company	Wells Fargo	benefit plan administrator violation	2015	private lawsuit-federal	$7,420,000
Wachovia Corporation	Wells Fargo	benefit plan administrator violation	2011	private lawsuit-federal	$12,350,000
Wachovia Securities	Wells Fargo	benefit plan administrator violation	2009	private lawsuit-federal	$1,005,000
Citigroup, Inc.	Citigroup	benefit plan administrator violation	2019	private lawsuit-federal	$6,900,000
Citigroup Inc.	Citigroup	benefit plan administrator violation	2014	private lawsuit-federal	$8,500,000
Metropolitan Life	MetLife	benefit plan administrator violation	2012	private lawsuit-federal	$350,000
American International Group, Inc.	American International Group	benefit plan administrator violation	2008	private lawsuit-federal	$24,200,000
New York Life Insurance	New York Life Insurance	benefit plan administrator violation	2008	private lawsuit-federal	$14,000,000
New York Life Insurance Company	New York Life Insurance	benefit plan administrator violation	2017	private lawsuit-federal	$3,000,000
Teachers Insurance and Annuity Insurance Association of America	TIAA	benefit plan administrator violation	2017	private lawsuit-federal	$5,000,000
Massachusetts Mutual Life Insurance Co.	Massachusetts Mutual Life Insurance	benefit plan administrator violation	2016	private lawsuit-federal	$30,900,000
Massachusetts Mutual Life Insurance Co.	Massachusetts Mutual Life Insurance	benefit plan administrator violation	2015	private lawsuit-federal	$9,475,000
St Paul Travelers Companies Inc.	Travelers	benefit plan administrator violation	2007	private lawsuit-federal	$4,450,000
Hartford Financial Services Group Inc.	Hartford Financial Services	benefit plan administrator violation	2012	private lawsuit-federal	$1,935,000
Hartford Life Insurance Company	Hartford Financial Services	benefit plan administrator violation	2010	private lawsuit-federal	$13,775,000
Bank of New York Mellon Corporation	Bank of New York Mellon	benefit plan administrator violation	2015	private lawsuit-federal	$335,000,000
Bank of New York Mellon Corporation	Bank of New York Mellon	benefit plan administrator violation	2009	private lawsuit-federal	$2,200,000
Principal Life Insurance Company	Principal Financial	benefit plan administrator violation	2015	private lawsuit-federal	$3,000,000
Ameriprise Financial, Inc.	Ameriprise Financial	benefit plan administrator violation	2015	private lawsuit-federal	$27,500,000
State Street Bank And Trust Co.	State Street Corp.	benefit plan administrator violation	2010	private lawsuit-federal	$89,750,000
State Street Corporation	State Street Corp.	benefit plan administrator violation	2016	private lawsuit-federal	$60,000,000
UNUM Life Insurance Company of America	Unum	benefit plan administrator violation	2010	private lawsuit-federal	$5,000,000
Fifth Third Bancorp	Fifth Third Bancorp	benefit plan administrator violation	2016	private lawsuit-federal	$6,000,000
Wilmington Trust Corp.	M&T Bank	benefit plan administrator violation	2014	private lawsuit-federal	$3,000,000
Northern Trust	Northern Trust	benefit plan administrator violation	2006	private lawsuit-federal	$37,500,000
AXA Equitable Life Insurance Company	Equitable Holdings	benefit plan administrator violation	2011	private lawsuit-federal	$2,500,000
Allianz Asset Management of America, L.P.	Allianz	benefit plan administrator violation	2018	private lawsuit-federal	$12,000,000
HSBC Bank USA	HSBC	benefit plan administrator violation	2005	private lawsuit-federal	$9,350,000
Farmers Group, Inc.	Zurich Insurance	benefit plan administrator violation	2012	private lawsuit-federal	$6,850,000
UBS Global Asset Management	UBS	benefit plan administrator violation	2006	private lawsuit-federal	$5,493,000
Aon Corporation	Aon	benefit plan administrator violation	2010	private lawsuit-federal	$1,800,000
Popular, Inc.	Popular Inc.	benefit plan administrator violation	2012	private lawsuit-federal	$8,200,000
Comerica Incorporated	Comerica	benefit plan administrator violation	2013	private lawsuit-federal	$11,000,000
Comerica Incorporated	Comerica	benefit plan administrator violation	2007	private lawsuit-federal	$2,020,000
FMR LLC	Fidelity Investments	benefit plan administrator violation	2014	private lawsuit-federal	$12,000,000
Household International	HSBC	benefit plan administrator violation	2004	private lawsuit-federal	$46,500,000
Huntington Bancshares Inc.	Huntington Bancshares	benefit plan administrator violation	2011	private lawsuit-federal	$1,450,000
ING Groep N.V.	Voya Financial	benefit plan administrator violation	2013	private lawsuit-federal	$3,500,000
LaSalle Bank	Bank of America	benefit plan administrator violation	2011	private lawsuit-federal	$13,500,000
MBNA Corp.	Bank of America	benefit plan administrator violation	2009	private lawsuit-federal	$4,500,000
Moneygram International, Inc.	MoneyGram International	benefit plan administrator violation	2011	private lawsuit-federal	$4,500,000
National City Corp.	PNC Financial Services	benefit plan administrator violation	2010	private lawsuit-federal	$43,000,000
Providian Financial Corp.	JPMorgan Chase	benefit plan administrator violation	2003	private lawsuit-federal	$8,600,000
Sterling Financial Corporation	Umpqua Holdings	benefit plan administrator violation	2013	private lawsuit-federal	$3,025,000
Transamerica Corporation	Aegon	benefit plan administrator violation	2016	private lawsuit-federal	$3,800,000
Ambac Financial Group, Inc.	Ambac Financial	benefit plan administrator violation	2012	private lawsuit-federal	$2,550,000
Umpqua Bank	Umpqua Holdings	employment screening violation	2019	private lawsuit-federal	$325,000
Nationwide Mutual Insurance Company	Nationwide	Fair Credit Reporting Act violation	2006	private lawsuit-federal	$19,250,000
Wells Fargo Bank	Wells Fargo	employment screening violation	2016	private lawsuit-federal	$12,000,000
Premera Blue Cross	Premera Blue Cross	wage and hour violation	2011	private lawsuit-federal	$1,450,000
QBE Americas, Inc.	QBE Insurance	wage and hour violation	2018	private lawsuit-federal	$1,200,000
BB&T Corporation	Truist Financial	benefit plan administrator violation	2019	private lawsuit-federal	$24,000,000
Freedom Mortgage Corporation	Freedom Mortgage	wage and hour violation	2019	private lawsuit-federal	$4,480,000
Horizon Healthcare Services, Inc.	Horizon Healthcare Services	benefit plan administrator violation	2016	private lawsuit-federal	$33,000,000
Old Second Bancorp, Inc.	Old Second Bancorp	benefit plan administrator violation	2013	private lawsuit-federal	$7,500,000
Prudential Insurance Company Of America	Prudential Financial	benefit plan administrator violation	2019	private lawsuit-federal	$9,000,000
Wilmington Trust N.A.	M&T Bank	benefit plan administrator violation	2017	private lawsuit-federal	$29,773,250
Great American Financial Resources, Inc.	American Financial Group	wage and hour violation	2019	private lawsuit-federal	$1,250,000
Fidelity Investments	Fidelity Investments	wage and hour violation	2019	private lawsuit-federal	$1,200,000
JPMorgan Chase Bank, N.A.	JPMorgan Chase	employment discrimination	2019	private lawsuit-federal	$5,000,000
Edward D. Jones & Co., L.P.	Jones Financial	benefit plan administrator violation	2019	private lawsuit-federal	$3,175,000
Wells Fargo & Company	Wells Fargo	wage and hour violation	2020	private lawsuit-federal	$35,000,000
JPMorgan Chase Bank, National Association	JPMorgan Chase	wage and hour violation	2019	private lawsuit-federal	$1,850,000
PNC Financial Services Group, Inc.	PNC Financial Services	wage and hour violation	2020	private lawsuit-federal	$2,750,000
Farmers Insurance Exchange	Farmers Insurance Exchange	wage and hour violation	2020	private lawsuit-federal	$5,400,000
U.S. Bank National Association	U.S. Bancorp	wage and hour violation	2020	private lawsuit-federal	$6,500,000
JPMorgan Chase Bank, N.A.	JPMorgan Chase	wage and hour violation	2020	private lawsuit-federal	$3,750,000
Wells Fargo & Co.	Wells Fargo	discriminatory practices (non-employment)	2019	private lawsuit-federal	$10,000,000
Travelers Indemnity Company	Travelers	discriminatory practices (non-employment)	2018	private lawsuit-federal	$450,000