Violation Tracker Individual Record
Company:
National City Commercial Capital Company LLC
Current Parent Company:
PNC Financial Services
Penalty:
$7,200,000
Year:
2008
Date:
April 16, 2008
Offense Group:
consumer-protection-related offenses
Primary Offense:
consumer protection violation
Violation Description:
National City Commercial Capital agreed to issue refunds or reduce the debt of 381 former NorVergence customers nationwide as part of a $7.2 million agreement reached today with 22 states.
Level of Government:
state
Action Type:
agency action
Agency:
Multistate Attorneys General Case
Civil or Criminal Case:
civil
HQ Country of Parent:
USA
HQ State of Parent:
Pennsylvania
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.
