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.