Violation Tracker Individual Record

Company: 
HomeStreet Inc
Current Parent Company: 
HomeStreet Inc.
Penalty: 
$500,000
Year: 
2017
Date: 
January 19, 2017
Offense Group: 
financial offenses
Primary Offense: 
accounting fraud or deficiencies
Secondary Offense: 
workplace whistleblower retaliation
Violation Description: 

Seattle-based financial services company HomeStreet Inc. agreed to pay a $500,000 penalty to settle allegations that it conducted improper hedge accounting and later took steps to impede potential whistleblowers.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Securities and Exchange Commission
Civil or Criminal Case: 
civil
HQ Country of Parent: 
USA
HQ State of Parent: 
Washington
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
banking
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.