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: 
$21,678,596,719
Number of records: 
218
Top 5 Offense Groups (Groups Defined)Penalty TotalNumber of Records
financial offenses$15,948,637,160126
competition-related offenses$3,148,000,0003
government-contracting-related offenses$1,204,046,7862
consumer-protection-related offenses$767,880,81328
employment-related offenses$609,495,96053
Top 5 Primary Offense TypesPenalty TotalNumber of Records
mortgage abuses$5,625,783,6717
banking violation$3,950,832,38616
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 Type Year Agency Penalty Amountsort icon
Prudential Securities Incorporated investor protection violation 2001 FINRA $20,000
First Union Bank economic sanction violation 2004 OFAC $18,740
Wells Fargo employment discrimination 2015 OFCCP $14,000
WELLS FARGO BANK #1692 workplace safety or health violation 2013 OSHA $12,000
Wells Fargo Bank, N. A. Family and Medical Leave Act 2016 WHD $11,874
Wachovia Bank economic sanction violation 2007 OFAC $11,000
Wachovia Bank economic sanction violation 2004 OFAC $11,000
Prudential Securities, Inc. investor protection violation 2001 FINRA $10,000
First Union Bank labor relations violation 2000 NLRB $9,116
WELLS FARGO BANK, NA workplace safety or health violation 2017 OSHA $9,000
Ragen Mackenzie Investment Services LLC investor protection violation 2004 OR-FIN $8,500
Wells Fargo Advisors, LLC investor protection violation 2010 IN-SEC $8,495
Wells Fargo Fund Distributor, LLC consumer protection violation 2014 CA-DFPI $8,000
Wachovia Bank economic sanction violation 2005 OFAC $5,500
Wells Fargo Bank economic sanction violation 2003 OFAC $5,500
Wells Fargo Bank Family and Medical Leave Act 2006 WHD $5,152
A.G. Edwards & Sons Inc. investor protection violation 2008 TX-SEC $5,000
WELLS FARGO SECURITIES, LLC. workplace safety or health violation 2004 OSHA $5,000
Download results as CSV or XML (maximum 10,000; for access to larger downloads contact Phil Mattera)