Violation Tracker Individual Record
Date:August 26, 2008
Primary Offense:consumer protection violation
Citibank agreed to provide customer refunds and pay $3.5 million to the state to settle a lawsuit concerning the bank's practice of wrongfully sweeping positive balances from credit card accounts under certain circumstances.
Level of Government:state
Action Type:agency action
Agency:California Attorney General
Civil or Criminal Case:civil
HQ Country of Parent:USA
HQ State of Parent:New York
Ownership Structure of Parent:publicly traded
Major Industry of Parent:financial services
Specific Industry of Parent:banking & securities
Source Notes:If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.