Violation Tracker Individual Record
Company:
Citibank/Citigroup Inc.
Current Parent Company:
Citigroup
Penalty:
$1,950,000
Year:
2013
Date:
September 24, 2013
Offense Group:
consumer-protection-related offenses
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
Facility State:
West Virginia
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 & securities
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.
