Violation Tracker Individual Record

Company: 
Bank of America
Current Parent Company: 
Bank of America
Penalty: 
$1,000,000
Year: 
2017
Date: 
April 17, 2017
Primary Offense: 
employment discrimination
Violation Description: 

The U.S. Department of Labor settled a case that arose from a 1993 compliance review of NationsBank, N.A., that found systematic hiring violations involving African-American applicants for entry-level jobs and led to more than two decades of litigation. NationsBank merged with the Bank of America, N.A. in 1998.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Office of Federal Contract Compliance Programs
Civil or Criminal Case: 
civil
Facility State: 
North Carolina
Facility City: 
Charlotte
HQ Country of Parent: 
USA
HQ State of Parent: 
North Carolina
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.