Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: Argus Information & Advisory Services, Inc.
Current Parent Company: TransUnion
Penalty: $37,000,000
Year: 2024
Date: March 12, 2024
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Violation Description: Argus Information & Advisory Services, Inc. agreed to pay the United States $37 million to resolve claims under the False Claims Act and the Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA), involving allegations that Argus improperly accessed,  used, and retained anonymized credit card data received pursuant to contracts with various federal regulators, including the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (FRB), and the Consumer Financial Protection Bureau (CFPB).
Level of Government: federal
Action Type: agency action
Agency: U.S. Attorney-Eastern District of Virginia
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Illinois
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: miscellaneous services
Specific Industry of Current Parent: credit rating 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.