Violation Tracker Individual Record

Company: 
BNY Mellon Shareowner Services
Current Parent Company: 
Bank of New York Mellon
Penalty: 
$30,000
Year: 
2010
Date: 
December 2, 2010
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

BNY Mellon Shareowner Services and Unclaimed Property Recovery & Reporting, LLC agreed to pay jointly pay $30,000 to the Commonwealth and provide full refunds to consumers in settlement of allegations they misled investors in Chevron Corp. about their rights and costs to obtain replacement stock certificates and dividend checks.

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