Violation Tracker Individual Record
Company:HSBC Finance Corporation et al.
Date:May 13, 2010
Offense Group:consumer-protection-related offenses
Primary Offense:discriminatory practices (non-employment)
HSBC and several of its subsidiaries agreed to pay $6 million to resolve a class action lawsuit alleging discrimination against minority mortgage borrowers.
Level of Government:federal
Action Type:private litigation
Court:District of Massachusetts
Civil or Criminal Case:civil
Case Name:Allen v. Decision One Mortgage Company
Private Lawsuit Resolution Type:settlement
HQ Country of Parent:United Kingdom
Ownership Structure of Parent:publicly traded
Major Industry of Parent:financial services
Specific Industry of Parent:banking
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