Violation Tracker Individual Record
Company:
U.S. Bancorp
Current Parent Company:
U.S. Bancorp
Penalty:
$2,600,000
Year:
2005
Date:
June 8, 2005
Offense Group:
consumer-protection-related offenses
Primary Offense:
consumer protection violation
Violation Description:
Attorney General Bill Lockyer announced that California businesses would receive up to $2.6 million in financial benefits under an agreement between his office and U.S. Bancorp to resolve a case connected to a consumer fraud perpetrated by NorVergence, Inc., a bankrupt New Jersey-based telecommunications company.
Level of Government:
state
Action Type:
agency action
Agency:
California Attorney General
Civil or Criminal Case:
civil
Facility State:
California
HQ Country of Parent:
USA
HQ State of Parent:
Minnesota
Ownership Structure of Parent:
publicly traded
Major Industry of Parent:
financial services
Specific Industry of Parent:
banking
Source of Data:
https://www.oag.ca.gov/news/press-releases/attorney-general-lockyer-announces-agreement-us-bancorp-benefits-california
Source Notes:
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note:
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.
