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Violation Tracker Individual Record

Company: Wells Fargo Bank
Current Parent Company: Wells Fargo
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $8,500,000
Year: 2016
Date: March 28, 2016
Offense Group: consumer-protection-related offenses
Primary Offense: privacy violation
Violation Description: The California Attorney General and five district attorneys announced a $8,500,000 settlement with Wells Fargo Bank over privacy violations that included recording consumers' phone calls without timely telling consumers they were being recorded, as required by California law.
Level of Government: state
Action Type: agency action
Agency: California Attorney General
Civil or Criminal Case: civil
Facility State: California
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)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.