Violation Tracker Individual Record

Company: 
Providian Financial Corp.
Current Parent Company: 
JPMorgan Chase
Penalty: 
$305,500,000
Year: 
2000
Date: 
June 28, 2000
Primary Offense: 
consumer protection violation
Violation Description: 

Providian Financial agreed to refund more than $300 million to customers and pay $5.5 million in civil penalties to settle allegations of deceptive credit card marketing practices and improper fees and charges.

Level of Government: 
state
Action Type: 
agency action
Agency: 
California Attorney General
Civil or Criminal Case: 
civil
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.