Violation Tracker Individual Record

Company: 
JPMorgan Chase
Current Parent Company: 
JPMorgan Chase
Penalty: 
$50,000,000
Year: 
2015
Date: 
November 2, 2015
Primary Offense: 
consumer protection violation
Secondary Offense: 
credit card violation
Violation Description: 

JPMorgan Chase agreed to pay $50 million to resolve allegations brought by the California Attorney General relating to credit card debt collection abuses. This was separate from a larger $186 million federal-state settlement by the bank on similar issues; see the Violation Tracker entry at https://violationtracker.goodjobsfirst.org/violation-tracker/-jpmorgan-c...

Level of Government: 
state
Action Type: 
agency action
Agency: 
California Attorney General
Civil or Criminal Case: 
civil
Private Lawsuit Resolution Type: 
settlement
Facility State: 
California
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.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.