Violation Tracker Individual Record

Company: 
Bank of America Corp.
Current Parent Company: 
Bank of America
Penalty: 
$1,950,000
Year: 
2013
Date: 
September 24, 2013
Primary Offense: 
consumer protection violation
Violation Description: 

The West Virginia Attorney General announced that Bank of America, JPMorgan Chase, Citibank and GE Money Bank would each pay the state $1.95 million to settle lawsuits alleging the companies' credit card protection programs violated West Virginia law.

Level of Government: 
state
Action Type: 
agency action
Agency: 
West Virginia Attorney General
Civil or Criminal Case: 
civil
Private Lawsuit Resolution Type: 
settlement
Facility State: 
West Virginia
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 of Data: 

"Attorney General Morrisey Announces Nearly $8 Million in Settlements in Payment Protection Lawsuit," Targeted News Service, September 24, 2013 (via Nexis).

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.