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Violation Tracker Individual Record

Company: Ameriprise Financial, Inc.
Current Parent Company: Ameriprise Financial
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $128,200
Year: 2016
Date: December 8, 2016
Offense Group: employment-related offenses
Primary Offense: employment discrimination
Secondary Offense: racial discrimination
Violation Description: While not admitting liability, Ameriprise Financial, Inc. agreed to pay a total of $128,200 in back wages and interest to 20 black employees in unlicensed service professional positions, after an OFCCP compliance review found the company violated Executive Order 11246 by paying black employees who processed routine account service requests less than their similarly situated white counterparts.
Level of Government: federal
Action Type: agency action
Agency: Office of Federal Contract Compliance Programs
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Minnesota
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: financial services
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.