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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 Total | Number of Records |
| consumer-protection-related offenses | $11,542,492,252 | 60 |
| financial offenses | $10,735,220,989 | 127 |
| competition-related offenses | $3,212,570,000 | 6 |
| government-contracting-related offenses | $1,204,046,786 | 2 |
| employment-related offenses | $921,403,204 | 65 |
| Top 5 Primary Offense Types | Penalty Total | Number of Records |
| consumer protection violation | $5,790,156,743 | 40 |
| mortgage abuses | $5,625,783,671 | 7 |
| banking violation | $4,091,194,886 | 18 |
| toxic securities abuses | $3,637,750,000 | 7 |
| fraud | $3,000,000,000 | 1 |
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 |
| Wells Fargo | mortgage abuses | 2012 | MULTI-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 |
| Wells Fargo | mortgage abuses | 2010 | CA-AG | $33,868,615 |
| Wells Fargo | mortgage abuses | 2012 | MD-AG | $940,056 |
| Wells Fargo Bank | mortgage abuses | 2015 | MA-AG | $675,000 |
| Wells Fargo Bank | mortgage abuses | 2015 | MD-AG | $13,800,000 |
| Wachovia Bank N.A. | price-fixing or anti-competitive practices | 2011 | DOJ_ANTITRUST | $148,000,000 |
| Wachovia Bank N.A. | price-fixing or anti-competitive practices | 2011 | MULTI-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 |
| Wells Fargo | price-fixing or anti-competitive practices | 2013 | private lawsuit-federal | $35,000,000 |
| Wells Fargo & Company | price-fixing or anti-competitive practices | 2022 | private lawsuit-federal | $20,820,000 |
| Wells Fargo Bank, N.A. | price-fixing or anti-competitive practices | 2018 | private lawsuit-federal | $8,750,000 |
| Wells Fargo Bank | privacy violation | 2016 | CA-AG | $8,500,000 |
| Wells Fargo Bank, N.A. | privacy violation | 2017 | private lawsuit-federal | $30,446,022 |
| Wells Fargo Bank, N.A. | privacy violation | 2021 | private lawsuit-federal | $28,000,000 |
| Wells Fargo | toxic securities abuses | 2012 | SEC | $6,500,000 |
| Wells Fargo Securities LLC | toxic securities abuses | 2011 | SEC | $11,000,000 |
| Wells Fargo | toxic securities abuses | 2013 | FHFA | $591,000,000 |
| Wells Fargo Bank, National Association | toxic securities abuses | 2013 | FHFA | $869,000,000 |
| Wachovia | toxic securities abuses | 2015 | NCUA | $53,000,000 |
| Wells Fargo Bank, N.A. | toxic securities abuses | 2018 | DOJ_CIVIL | $2,090,000,000 |
| Wells Fargo | toxic securities abuses | 2018 | IL-AG | $17,250,000 |
| Wells Fargo Bank NA | wage and hour violation | 2011 | WHD | $31,770 |
| Wells Fargo Bank, National Association | wage and hour violation | 2004 | WHD | $228,209 |
| Wachovia Bank | wage and hour violation | 2004 | WHD | $5,798,744 |
| Wells Fargo | wage and hour violation | 2018 | private lawsuit-state | $27,500,000 |
| Wells Fargo | wage and hour violation | 2017 | private lawsuit-state | $13,000,000 |
| Wells Fargo Advisors | wage and hour violation | 2017 | private lawsuit-federal | $3,500,000 |
| Wells Fargo | wage and hour violation | 2017 | private lawsuit-federal | $685,000 |
| Wells Fargo | wage and hour violation | 2017 | private lawsuit-federal | $3,900,000 |
| Wells Fargo Insurance Services | wage and hour violation | 2015 | private lawsuit-federal | $2,000,000 |
| Wells Fargo Bank | wage and hour violation | 2015 | private lawsuit-federal | $1,850,000 |
| Wells Fargo | wage and hour violation | 2014 | private lawsuit-federal | $15,000,000 |
| Wells Fargo | wage and hour violation | 2014 | private lawsuit-state | $3,000,000 |
| Wells Fargo Advisors | wage and hour violation | 2013 | private lawsuit-federal | $4,000,000 |
| Wells Fargo Bank | wage and hour violation | 2012 | private lawsuit-federal | $280,000 |
| Wells Fargo | wage and hour violation | 2011 | private lawsuit-federal | $6,660,000 |
| Wells Fargo Bank | wage and hour violation | 2011 | private lawsuit-federal | $100,000 |
| Wells Fargo | wage and hour violation | 2011 | private lawsuit-federal | $6,720,000 |
| Wells Fargo | wage and hour violation | 2011 | private lawsuit-federal | $6,900,000 |
| Wachovia Financial Services | wage and hour violation | 2010 | private lawsuit-federal | $450,000 |
| Wells Fargo | wage and hour violation | 2010 | private lawsuit-federal | $20,000,000 |
| Wachovia Securities | wage and hour violation | 2009 | private lawsuit-federal | $39,000,000 |
| A.G. Edwards | wage and hour violation | 2009 | private lawsuit-federal | $12,000,000 |
| A.G. Edwards | wage and hour violation | 2007 | private lawsuit-federal | $20,000,000 |
| Wells Fargo | wage and hour violation | 2007 | private lawsuit-federal | $12,800,000 |
| Wells Fargo Advisors, LLC | wage and hour violation | 2018 | private lawsuit-federal | $9,500,000 |
| Wells Fargo Bank N.A. | wage and hour violation | 2019 | WHD | $57,675 |
| Wells Fargo Bank | wage and hour violation | 2016 | WHD | $38,230 |
| Wells Fargo & Company | wage and hour violation | 2014 | WHD | $100,001 |
| Wells Fargo & Company | wage and hour violation | 2020 | private lawsuit-federal | $35,000,000 |
| Wells Fargo Bank | wage and hour violation | 2020 | private lawsuit-federal | $10,928,870 |
| Wells Fargo Bank, N.A. | wage and hour violation | 2020 | private lawsuit-federal | $25,696,122 |
| Wells Fargo Bank, N.A. | wage and hour violation | 2021 | private lawsuit-federal | $95,696,122 |
| Wells Fargo Bank, National Association | wage and hour violation | 2022 | CA-LCO | $9,795 |
| Wells Fargo Bank, National Association | wage and hour violation | 2013 | CA-LCO | $37,036 |
| Wells Fargo Bank, National Association | wage and hour violation | 2005 | CA-LCO | $6,572 |
| Wells Fargo Bank, National Association | wage and hour violation | 2022 | CA-LCO | $12,399 |
| Wells Fargo Home Mortgage Inc | wage and hour violation | 2010 | MI-LEO | $9,222 |
| WELLS FARGO BANK NA | wage and hour violation | 2022 | IL-DOL | $18,049 |
| WELLS FARGO BANK NA | wage and hour violation | 2022 | IL-DOL | $18,049 |
| Wells Fargo Bank N.A. | wage and hour violation | 2024 | private lawsuit-federal | $16,600,000 |
| WELLS FARGO SECURITIES, LLC. | workplace safety or health violation | 2004 | OSHA | $5,000 |
| WELLS FARGO BANK #1692 | workplace safety or health violation | 2013 | OSHA | $12,000 |
| WELLS FARGO BANK, NA | workplace safety or health violation | 2017 | OSHA | $9,000 |
| Wells Fargo | workplace whistleblower retaliation | 2017 | OSHA | $577,500 |
| Wells Fargo Bank N.A | workplace whistleblower retaliation | 2017 | OSHA | $5,400,000 |
| Wells Fargo | workplace whistleblower retaliation | 2022 | OSHA | $22,000,000 |
