Violation Tracker Industry Summary Page

Industry: 
financial services
Penalty Total since 2000: 
$331,558,339,161
Number of Records: 
6,166
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 Parent CompaniesTotal Penalty $Number of Records
Bank of America$82,764,013,078219
JPMorgan Chase$35,819,302,225162
Citigroup$25,454,366,764125
Wells Fargo$21,358,750,745184
Deutsche Bank$18,286,625,30261
UBS$16,792,860,91083
Goldman Sachs$16,365,468,98744
Royal Bank of Scotland$13,473,904,00028
BNP Paribas$12,132,582,95017
Credit Suisse$10,410,557,62632


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.
Download results as CSV or XML (maximum 10,000; for access to larger downloads contact Phil Mattera)
Company Parent Primary Offense Type Yearsort icon Agency Penalty Amount
USAA USAA wage and hour violation 2008 private lawsuit-federal $738,423
Wilmington Finance Inc. OneMain Holdings wage and hour violation 2008 private lawsuit-federal $2,925,000
LPL Financial Corporation LPL Financial investor protection violation 2008 SEC $275,000
E*Trade Clearing LLC Morgan Stanley investor protection violation 2008 SEC $500,000
Gabelli Funds LLC Gamco Investors Inc. investor protection violation 2008 SEC $16,000,000
JPMorgan Chase & Co. JPMorgan Chase investor protection violation 2008 SEC $1,998,143
Smith Barney Morgan Stanley employment discrimination 2008 private lawsuit-federal $33,000,000
Morgan Stanley Morgan Stanley employment discrimination 2008 private lawsuit-federal $750,000
Morgan Stanley Morgan Stanley employment discrimination 2008 private lawsuit-federal $16,000,000
Norddeutsche Landesbank Girozentrale Norddeutsche Landesbank employment discrimination 2008 private lawsuit-federal $2,618,600
Willis Group Willis Towers Watson employment discrimination 2008 private lawsuit-federal $12,757,949
FleetBoston Financial Corp Bank of America benefit plan administrator violation 2008 private lawsuit-federal $83,401,000
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
A.G. Edwards & Sons, Inc. Wells Fargo investor protection violation 2008 NJ-AG $387,000
American International Group American International Group False Claims Act and related 2008 MA-AG $218,920
American International Group, Inc. American International Group price-fixing or anti-competitive practices 2008 MULTI-AG $12,500,000
Aon Corp. Aon consumer protection violation 2008 FL-AG $4,000,000
Banc of America Securities LLC Bank of America investor protection violation 2008 MULTI-AG $4,550,000,000
Bankers Life and Casualty CNO Financial privacy violation 2008 MO-AG $25,000
Citibank Citigroup consumer protection violation 2008 CA-AG $3,500,000
Citigroup Citigroup toxic securities abuses 2008 MA-AG $20,000,000
Citigroup Global Markets, Inc. and Citi Smith Barney Citigroup investor protection violation 2008 MULTI-AG $7,100,000,000
Comerica Bank Comerica toxic securities abuses 2008 MI-AG $110,000
Countrywide Home Loans Bank of America mortgage abuses 2008 MULTI-AG $8,680,000,000
Deutsche Bank Securities, Inc. and Deutsche Bank AG Deutsche Bank investor protection violation 2008 MULTI-AG $3,348,333,333
Edward Jones & Co. Jones Financial investor protection violation 2008 CA-AG $7,500,000
EZCORP, Inc. EZCORP Inc. privacy violation 2008 TX-AG $600,000
Fannie Mae Fannie Mae consumer protection violation 2008 NY-AG $12,000,000
Freddie Mac Freddie Mac (Federal Home Loan Mortgage Corporation) consumer protection violation 2008 NY-AG $12,000,000
GMAC Bank Ally Financial consumer protection violation 2008 NY-AG $200,000
Goldman Sachs Group, Inc. Goldman Sachs investor protection violation 2008 MULTI-AG $3,355,833,333
H&R Block H&R Block consumer protection violation 2008 NY-AG $245,000
Jackson National Life Insurance Co Prudential (UK) investor protection violation 2008 CT-AG $484,000
JP Morgan Chase & Co. JPMorgan Chase investor protection violation 2008 MULTI-AG $3,525,000,000
Mastercard International Inc. MasterCard price-fixing or anti-competitive practices 2008 WV-AG $6,400,000
Merrill Lynch Bank of America toxic securities abuses 2008 MA-AG $13,700,000
Merrill Lynch & Co. Bank of America investor protection violation 2008 MULTI-AG $3,458,333,333
MoneyGram Payment Systems, Inc. MoneyGram International consumer protection violation 2008 MULTI-AG $1,100,000
Morgan Stanley Morgan Stanley investor protection violation 2008 MULTI-AG $3,535,000,000
Morgan Stanley & Co. Morgan Stanley toxic securities abuses 2008 MA-AG $1,500,000
Mutual of Omaha Insurance Co. Mutual of Omaha kickbacks and bribery 2008 CT-AG $1,700,000
National City Commercial Capital Company LLC PNC Financial Services consumer protection violation 2008 MULTI-AG $7,200,000
Nationwide Insurance Nationwide consumer protection violation 2008 MS-AG $40,000,000
Nelnet, Inc. Nelnet consumer protection violation 2008 NY-AG $200,000
RBC Capital Markets Corporation Royal Bank of Canada investor protection violation 2008 MULTI-AG $859,800,000
State Farm State Farm Insurance consumer protection violation 2008 MS-AG $74,000,000
UBS Financial Services, Inc. and UBS Securities LLC UBS toxic securities abuses 2008 MA-AG $35,000,000
UBS Securities LLC and UBS Financial Services, Inc. UBS investor protection violation 2008 MULTI-AG $11,150,000,000
Universal Underwriters Life Insurance Co. Zurich Insurance consumer protection violation 2008 TX-AG $2,400,000
Visa USA Inc. Visa price-fixing or anti-competitive practices 2008 WV-AG $6,400,000
Wachovia Securities Wells Fargo investor protection violation 2008 MULTI-AG $60,000,000
CompuCredit Corporation Atlanticus Holdings banking violation 2008 FDIC $806,000
CompuCredit Corporation Atlanticus Holdings banking violation 2008 FDIC $558,000
Unum Group Unum kickbacks and bribery 2008 USAO $5,550,000
Metropolitan Life Insurance MetLife kickbacks and bribery 2008 CA-MULTI $500,000
Prudential Insurance Co. Prudential Financial kickbacks and bribery 2008 CA-MULTI $350,000
Unum Insurance Co. Unum kickbacks and bribery 2008 CA-MULTI $250,000
Countrywide Financial Corp. Bank of America mortgage abuses 2008 HI-DCCA $84,548,000
Wells Fargo Bank Wells Fargo False Claims Act and related 2008 USAO $4,046,786
Principal Life Insurance Co. Principal Financial insurance violation 2008 AK-INS $25,000
Nationstar Mortgage LLC Mr. Cooper Group consumer protection violation 2008 AZ-DFS $12,500
Western Union Financial Services, Inc. Western Union consumer protection violation 2008 AZ-DFS $2,000,000
Allianz Life Insurance Company of North America Allianz insurance violation 2008 CA-INS $10,050,000
California Physicians' Service dba Blue Shield of California California Physicians' Service insurance violation 2008 CA-MHC $17,500
California Physicians' Service dba Blue Shield of California California Physicians' Service insurance violation 2008 CA-MHC $45,000
Blue Shield of California California Physicians' Service insurance violation 2008 CA-MHC $5,000,000
Philadelphia Indemnity Insurance Co. Tokio Marine insurance violation 2008 CA-INS $60,000
California Physicians' Service dba Blue Shield of California California Physicians' Service insurance violation 2008 CA-MHC $7,500
American Bankers Life Assurance Company of Florida et al. Assurant insurance violation 2008 CA-INS $750,000
California Physicians' Service dba Blue Shield of California California Physicians' Service insurance violation 2008 CA-MHC $40,000
California Physicians' Service dba Blue Shield of California California Physicians' Service insurance violation 2008 CA-MHC $1,250,000
Assurant Health Assurant insurance violation 2008 CT-INS $2,100,000
Jackson National Life Insurance Co. Prudential (UK) insurance violation 2008 CT-INS $483,000
Chicago Insurance Co. Allianz insurance violation 2008 FL-OFR $130,000
The Guardian Life Insurance Company of America Guardian Life Insurance insurance violation 2008 FL-OFR $10,500
Zurich American Insurance Co. Zurich Insurance insurance violation 2008 FL-OFR $8,000
State Farm Life Insurance Co. State Farm Insurance insurance violation 2008 FL-OFR $10,500
Property and Casualty Insurance Company of Hartford Hartford Financial Services insurance violation 2008 FL-OFR $13,000
QBE Insurance Corp. QBE Insurance insurance violation 2008 FL-OFR $157,000
Amex Assurance Co. American Express insurance violation 2008 FL-OFR $8,000
American General Life Insurance Co. American International Group insurance violation 2008 FL-OFR $260,000
Old Republic National Title Insurance Co. Old Republic International insurance violation 2008 ID-INS $10,000
Bristol West Insurance Co. Zurich Insurance insurance violation 2008 ID-INS $5,330
Globe Life and Accident Insurance Co. Globe Life Inc. insurance violation 2008 ID-INS $26,000
Ameriprise Financial Services, Inc. Ameriprise Financial investor protection violation 2008 IL-SEC $1,449,384
ING Financial Partners, Inc. Voya Financial investor protection violation 2008 IL-SEC $4,677,326
Wausau Business Insurance Co. Liberty Mutual Insurance insurance violation 2008 KS-INS $15,622
Continental Western Insurance Co. W.R. Berkley insurance violation 2008 KS-INS $10,000
Nationstar Mortgage LLC Mr. Cooper Group consumer protection violation 2008 KY-FIN $105,000
Taylor Bean & Whitaker Mortgage Corp. Taylor, Bean & Whitaker consumer protection violation 2008 KY-FIN $75,000
Banc of America Investment Services, Inc. Bank of America investor protection violation 2008 MD-SEC $10,000
Morgan Stanley & Co. Inc. Morgan Stanley investor protection violation 2008 MD-SEC $35,000
Wachovia Securities, LLC Wells Fargo investor protection violation 2008 MD-SEC $50,000
Time Insurance Co. Haven Holdings insurance violation 2008 MN-FIN $7,500
Bankers Life and Casualty Co. CNO Financial insurance violation 2008 MN-FIN $7,500
Illinois Farmers Insurance Co. Zurich Insurance insurance violation 2008 MN-FIN $70,000
Allied Property and Casualty Insurance Co. Nationwide insurance violation 2008 MN-FIN $7,000
Federal Insurance Co. Chubb Limited insurance violation 2008 MO-INS $5,900
Allstate Insurance Co. et al. Allstate insurance violation 2008 MO-INS $9,483
Ameriprise Financial Services, Inc. Ameriprise Financial investor protection violation 2008 MS-SEC $150,000
Download results as CSV or XML (maximum 10,000; for access to larger downloads contact Phil Mattera)