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Violation Tracker Individual Record

Company: Wells Fargo Bank N.A.
Current Parent CompanyWells Fargo
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $4,100,000
Year: 2016
Date: September 29, 2016
Offense Group: consumer-protection-related offenses
Primary Offense: Servicemembers Civil Relief Act
Secondary Offense: consumer protection violation
Violation Description: Wells Fargo Bank N.A., doing business as Wells Fargo Dealer Services, agreed to change its policies and pay over $4.1 million to resolve allegations that it violated the Servicemembers Civil Relief Act (SCRA) by repossessing 413 cars owned by protected servicemembers without obtaining a court order.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Civil Rights Division
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: California
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: banking
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.