Violation Tracker Parent Company Summary

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: 
$21,881,892,841
Number of records: 
222
Top 5 Offense Groups (Groups Defined)Penalty TotalNumber of Records
financial offenses$10,402,453,489121
consumer-protection-related offenses$6,421,664,48436
competition-related offenses$3,148,000,0003
government-contracting-related offenses$1,204,046,7862
employment-related offenses$705,192,08254
Top 5 Primary Offense TypesPenalty TotalNumber of Records
mortgage abuses$5,625,783,6717
banking violation$4,023,432,38617
toxic securities abuses$3,637,750,0007
fraud$3,000,000,0001
investor protection violation$2,487,362,73582
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: 

For an overview of this company's accountability track record, read its Corporate Rap Sheet here.

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 (maximum 10,000; for access to larger downloads contact Phil Mattera)
Company Primary Offense Typesort icon Year Agency Penalty Amount
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 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
Download results as CSV or XML (maximum 10,000; for access to larger downloads contact Phil Mattera)