Violation Tracker Individual Record

Company: 
Wells Fargo Bank
Current Parent Company: 
Wells Fargo
Penalty: 
$8,500,000
Year: 
2016
Date: 
March 28, 2016
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
Private Lawsuit Resolution Type: 
settlement
Facility State: 
California
HQ Country of Parent: 
USA
HQ State of Parent: 
California
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
banking
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.