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Violation Tracker Individual Record

Company: Conduent Education Services, LLC
Current Parent CompanyConduent
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $3,900,000
Year: 2019
Date: May 1, 2019
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: The Bureau found that the company engaged in unfair practices that violated the Consumer Financial Protection Act of 2010 by failing to adjust in a timely manner principal balances of student loans made under the Federal Family Education Loan Program.
Level of Government: federal
Action Type: agency action
Agency: Consumer Financial Protection Bureau
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Connecticut
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: miscellaneous services
Specific Industry of Current Parent: outsourced services
Source of Data(click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.