Recent Decisions
The following orders are matters of public record and are posted for informational purposes only. Decisions by OFIA judges do not constitute binding authority. Orders marked with an asterisk (*) pertain to matters that are still ongoing, and the conclusions expressed in those orders remain subject to modification or limitation by the reviewing agency. To the extent that an order subsequently is modified, limited, adopted, or reversed by the agency, the order will be denoted as such. The agency’s public decision that is final and binding will be linked on this page once it is available.
Decisions organized by the year of the decision and the case name of each proceeding.
2024 | 2023 | 2022 | 2021 | 2020 | 2019
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2024 Decisions
| Agency | Case Number(s) | Case Name | OFIA Decision | Agency Decision |
|---|---|---|---|---|
| FDIC | 21-0034e; 21-0024k |
Bryan E. Dalton, an Institution-Affiliated Party of RiverBank, Pocahontas, Arkansas | *Recommended Decision  |
2023 Decisions
| Agency | Case Number(s) | Case Name | OFIA Decision | Agency Decision |
|---|---|---|---|---|
| FDIC | 16-0254e; 16-0256k |
Frank William Bonan II, Individually and as an Institution-Affiliated Party of Grand Rivers Community Bank, Grand Chain, Illinois | *Recommended Decision |
|
| FDIC | 21-0034e; 22-0024k |
Bryan E. Dalton, an institution-affiliated party of RiverBank, Pocahontas, Arkansas | *Order Denying Enforcement Counsel's Motion for Partial Summary Disposition |
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| FDIC | 22-0112e; 22-0113k; 22-0107e; 22-0108k; 22-0143b; 22-0109e; 22-0110k |
Robert S. Catanzaro, Danielle M. Desrosiers, and John C. Ponte, institution-affiliated parties of Independence Bank, East Greenwich, Rhode Island | *Order Granting Enforcement Counsel's Motion to Modify Order No. 12 (Protective Order) |
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| OCC | AA-ENF-2021-23 | Nyema'sha Taylor, former teller and institution-affiliated party, Wells Fargo Bank, N.A., Sioux Falls, South Dakota (Atlanta, Georgia branch) | Order of Default and Recommended Decision to Prohibit Further Participation |
Final Decision |
| OCC | AA-EC-2018-20 | Laura Akahoshi, Former Chief Compliance Officer Rabobank, N.A. Roseville, California | Order Denying Respondent's EAJA Application |
|
| FDIC | 22-0112e; 22-0113k; 22-0107e; 22-0108k; 22-0143b; 22-0109e; 22-0110k |
Robert S. Catanzaro, Danielle M. Desrosiers, and John C. Ponte, institution-affiliated parties of Independence Bank, East Greenwich, Rhode Island | * Order Granting Requests for Hearing and Denying Demands for Jury Trial |
|
| FDIC | 22-0112e; 22-0113k; 22-0107e; 22-0108k; 22-0143b; 22-0109e; 22-0110k |
Robert S. Catanzaro, Danielle M. Desrosiers, and John C. Ponte, institution-affiliated parties of Independence Bank, East Greenwich, Rhode Island | * Order Denying Respondent Ponte's Motion to Stay |
|
| FDIC | 22-0112e; 22-0113k; 22-0107e; 22-0108k; 22-0143b; 22-0109e; 22-0110k |
Robert S. Catanzaro, Danielle M. Desrosiers, and John C. Ponte, institution-affiliated parties of Independence Bank, East Greenwich, Rhode Island | * Order Denying Respondents' Motion to Strike and Emergency Motions to Preclude |
|
| FDIC | 22-0112e; 22-0113k; 22-0107e; 22-0108k; 22-0143b; 22-0109e; 22-0110k |
Robert S. Catanzaro, Danielle M. Desrosiers, and John C. Ponte, institution-affiliated parties of Independence Bank, East Greenwich, Rhode Island | * Order Regarding Enforcement Counsel's Motion to Strike Respondent Ponte's Affirmative Defenses |
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| FDIC | 22-0112e; 22-0113k; 22-0107e; 22-0108k; 22-0143b; 22-0109e; 22-0110k |
Robert S. Catanzaro, Danielle M. Desrosiers, and John C. Ponte, institution-affiliated parties of Independence Bank, East Greenwich, Rhode Island | * Order Denying Respondent Ponte's Motion to Sever Notice of Charges |
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| FDIC | 22-0112e; 22-0113k; 22-0107e; 22-0108k; 22-0143b; 22-0109e; 22-0110k |
Robert S. Catanzaro, Danielle M. Desrosiers, and John C. Ponte, institution-affiliated parties of Independence Bank, East Greenwich, Rhode Island | * Order Denying Respondent Ponte's Second Motion to Stay Administrative Enforcement Proceedings |
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| FDIC | 6-0254e, 16-0254k |
Frank William Bonan II, Individually and as an Institution-Affiliated Party of Grand Rivers Community Bank, Grand Chain, Illinois | *Order Granting Enforcement Counsel's Motion in Limine |
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| FDIC | 6-0254e, 16-0254k |
Frank William Bonan II, Individually and as an Institution-Affiliated Party of Grand Rivers Community Bank, Grand Chain, Illinois | *Order Denying Respondent's Motion in Limine |
2022 Decisions
| Agency | Case Number(s) | Case Name | OFIA Decision | Agency Decision |
|---|---|---|---|---|
| FRB | 17‑006‑E‑I; 17‑006‑CMP‑I |
Fang Fang, A former institution-affiliated party of J.P. Morgan Securities (Asia Pacific) Limited, Central, Hong Kong, China, A Non-Bank Subsidiary of a Registered Bank Holding Company | * Recommended Decision |
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| OCC | AA‑EC‑2019‑82; AA‑EC‑2019‑81; AA‑EC‑2019‑70; AA‑EC‑2019‑71; AA‑EC‑2019‑72 |
Carrie Tolstedt, Former Head of the Community Bank, Claudia Russ Anderson, Former Community Bank Group Risk Officer, James Strother, Former General Counsel, David Julian, Former Chief Auditor, Paul McLinko, Former Executive Audit Director Wells Fargo Bank, N.A. Sioux Falls, South Dakota | *Report and Recommendation for Respondent Julian (Redacted Version) |
|
| OCC | AA‑EC‑2019‑82; AA‑EC‑2019‑81; AA‑EC‑2019‑70; AA‑EC‑2019‑71; AA‑EC‑2019‑72 |
Carrie Tolstedt, Former Head of the Community Bank, Claudia Russ Anderson, Former Community Bank Group Risk Officer, James Strother, Former General Counsel, David Julian, Former Chief Auditor, Paul McLinko, Former Executive Audit Director Wells Fargo Bank, N.A. Sioux Falls, South Dakota | *Report and Recommendation for Respondent Russ Anderson (Redacted Version) |
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| OCC | AA‑EC‑2019‑82; AA‑EC‑2019‑81; AA‑EC‑2019‑70; AA‑EC‑2019‑71; AA‑EC‑2019‑72 |
Carrie Tolstedt, Former Head of the Community Bank, Claudia Russ Anderson, Former Community Bank Group Risk Officer, James Strother, Former General Counsel, David Julian, Former Chief Auditor, Paul McLinko, Former Executive Audit Director Wells Fargo Bank, N.A. Sioux Falls, South Dakota | *Report and Recommendation for Respondent McLinko (Redacted Version) |
|
| OCC | AA‑EC‑2019‑82; AA‑EC‑2019‑81; AA‑EC‑2019‑70; AA‑EC‑2019‑71; AA‑EC‑2019‑72 |
Carrie Tolstedt, Former Head of the Community Bank, Claudia Russ Anderson, Former Community Bank Group Risk Officer, James Strother, Former General Counsel, David Julian, Former Chief Auditor, Paul McLinko, Former Executive Audit Director Wells Fargo Bank, N.A. Sioux Falls, South Dakota | *Order Regarding Respondents' Motion for Reconsideration and Leave to File |
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| FRB | 16‑012‑E‑I; 16‑012‑CMP‑I | Joseph Jiampietro, A former institution-affiliated party of Goldman, Sachs & Co., New York, New York, A Non-Bank Subsidiary of a Registered Bank Holding Company | Order Regarding Respondent's Motion in Limine |
|
| FDIC | 16‑0254e; 16‑0254k |
Frank William Bonan II, Individually and as an Institution-Affiliated Party of Grand Rivers Community Bank, Grand Chain, Illinois | *Order Regarding Cross-Motions for Summary Disposition |
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| OCC | AA‑EC‑2019‑82; AA‑EC‑2019‑81; AA‑EC‑2019‑70; AA‑EC‑2019‑71; AA‑EC‑2019‑72 |
Carrie Tolstedt, Former Head of the Community Bank, Claudia Russ Anderson, Former Community Bank Group Risk Officer, James Strother, Former General Counsel, David Julian, Former Chief Auditor, Paul McLinko, Former Executive Audit Director Wells Fargo Bank, N.A. Sioux Falls, South Dakota | *Report and Recommendation - Executive Summary |
|
| FDIC | 14‑0307e; 14‑0308k |
Cornelius Campbell Burgess, Individually and as an Institution-Affiliated Party of Herring Bank, Amarillo, Texas | *Recommended Decision |
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| OCC | AA‑EC‑2017‑44; AA‑EC‑2017‑45 |
Saul Ortega, Former Chief Financial Officer, Director, President, Chief Executive Officer, and Chairman of the Board, and David Rogers, Jr., Former Chairman of the Board of First National Bank, Edinburg, Texas | Recommended Decision |
Final Decision |
| FRB | 17‑006‑E‑I; 17‑006‑CMP‑I |
Fang Fang, A former institution-affiliated party of J.P. Morgan Securities (Asia Pacific) Limited, Central, Hong Kong, China, A Non-Bank Subsidiary of a Registered Bank Holding Company | *Order Regarding Cross Motions for Summary Disposition |
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| OCC | AA‑EC‑2017‑44; AA‑EC‑2017‑45 |
Saul Ortega, Former Chief Financial Officer, Director, President, Chief Executive Officer, and Chairman of the Board, and David Rogers, Jr., Former Chairman of the Board of First National Bank, Edinburg, Texas | Order Denying Respondents' Demand for Jury Trial and Motion to Dismiss |
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| OCC | AA‑EC‑2018‑20 | Laura Akahoshi, Former Chief Compliance Officer RABOBANK, N.A. Roseville, California | *Recommended Decision |
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| OCC | AA‑EC‑2020‑38 | Biagio Maffettone, Former Vice President and Home Mortgage Area Manager Citizens Bank, N.A., Providence, Rhode Island | Recommended Decision |
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| OCC | AA‑EC‑2018‑89 | Hiren Patel, Former Chairman of the Board, Chief Executive Officer, and Controlling Stockholder The National Republic Bank of Chicago Chicago, Illinois | Order Granting in Part and Denying in Part Enforcement Counsel's Motion for Summary Disposition |
2021 Decisions
| Agency | Case Number(s) | Case Name | OFIA Decision | Agency Decision |
|---|---|---|---|---|
| OCC | AA‑EC‑2018‑20; | Laura Akahoshi, Former Chief Compliance Officer Rabobank, N.A. Roseville, California | Order Regarding Respondent's Motion to Prohibit Reliance on Secret Law |
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| OCC | AA‑EC‑2019‑82; AA‑EC‑2019‑81; AA‑EC‑2019‑70; AA‑EC‑2019‑71; AA‑EC‑2019‑72 |
Carrie Tolstedt, Former Head of the Community Bank, Claudia Russ Anderson, Former Community Bank Group Risk Officer, James Strother, Former General Counsel, David Julian, Former Chief Auditor, Paul McLinko, Former Executive Audit Director Wells Fargo Bank, N.A. Sioux Falls, South Dakota | *Order Regarding the Parties' Motions in Limine |
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| OCC | AA‑EC‑2019‑82; AA‑EC‑2019‑81; AA‑EC‑2019‑70; AA‑EC‑2019‑71; AA‑EC‑2019‑72 |
Carrie Tolstedt, Former Head of the Community Bank, Claudia Russ Anderson, Former Community Bank Group Risk Officer, James Strother, Former General Counsel, David Julian, Former Chief Auditor, Paul McLinko, Former Executive Audit Director Wells Fargo Bank, N.A. Sioux Falls, South Dakota | *Order Regarding Respondents' Objection Pursuant to 12 U.S.C. 1818(h)(1) |
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| OCC | AA‑EC‑2019‑82; AA‑EC‑2019‑81; AA‑EC‑2019‑70; AA‑EC‑2019‑71; AA‑EC‑2019‑72 |
Carrie Tolstedt, Former Head of the Community Bank, Claudia Russ Anderson, Former Community Bank Group Risk Officer, James Strother, Former General Counsel, David Julian, Former Chief Auditor, Paul McLinko, Former Executive Audit Director Wells Fargo Bank, N.A. Sioux Falls, South Dakota | *Order Regarding Enforcement Counsel's Motions to Quash Hearing Subpoenas |
|
| FRB | 19‑018‑E‑I; 19‑018‑B‑I |
Mai Ly-Vu, A former institution-affiliated party of Pacific Premier Bank, Irvine, California | Recommended Decision |
Final Decision |
| FRB | 16‑012‑E‑I; 16‑012‑CMP‑I | Joseph Jiampietro, A former institution-affiliated party of Goldman, Sachs & Co., New York, New York, A Non-Bank Subsidiary of a Registered Bank Holding Company | Order Regarding Cross Motions for Summary Disposition |
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| OCC | AA‑EC‑2019‑82; AA‑EC‑2019‑81; AA‑EC‑2019‑70; AA‑EC‑2019‑71; AA‑EC‑2019‑72 | Carrie Tolstedt, Former Head of the Community Bank, Claudia Russ Anderson, Former Community Bank Group Risk Officer, James Strother, Former General Counsel, David Julian, Former Chief Auditor, Paul McLinko, Former Executive Audit Director Wells Fargo Bank, N.A. Sioux Falls, South Dakota | *Order Regarding Respondents’ Motion for Disqualification Based on Personal Bias and Other Disqualification under 5 U.S.C. § 556(b) |
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| OCC | AA‑EC‑2017‑44; AA‑EC‑2017‑45 |
Saul Ortega, Former Chief Financial Officer, Director, President, Chief Executive Officer, and Chairman of the Board, and David Rogers, Jr., Former Chairman of the Board of First National Bank, Edinburg, Texas | Order Denying Cross-Motions for Summary Disposition |
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| OCC | AA‑EC‑2018‑89 | Hiren Patel, Former Chairman of the Board, Chief Executive Officer, and Controlling Stockholder of the National Republic Bank of Chicago, Chicago, Illinois | Supplemental Order Regarding Joint Motion to Modify Hearing and Prehearing Filing Dates |
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| OCC | AA‑EC‑2018‑20 | Laura Akahoshi, Former Chief Compliance Officer of Rabobank, N.A., Roseville, California | *Order Regarding Cross Motions for Summary Disposition |
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| OCC | AA‑CC‑2019‑82 | Carrie Tolstedt, Former Head of the Community Bank, a subsidiary of Wells Fargo Bank, N.A., Sioux Falls, South Dakota | *Order Regarding Motions for Summary Disposition |
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| OCC | AA‑CC‑2019‑82 | Carrie Tolstedt, Former Head of the Community Bank, a subsidiary of Wells Fargo Bank, N.A., Sioux Falls, South Dakota | *Order Regarding Motions for Orders to Seal Submissions Filed in Opposition to Motions for Summary Disposition |
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| OCC | AA‑ENF‑2020‑85 | Neil Bassi, Former President, Chief Executive Officer, and Chairman of the Board of cfsbank, Charleroi, Pennsylvania | Order Granting in Part and Denying in Part Motion to Strike Affirmative Defenses |
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| FDIC | 20‑0086b | Bank of Louisiana, New Orleans, Louisiana | Order Regarding Motion for Summary Disposition, Recommended Findings of Fact, Recommended Conclusions of Law, Recommended Decision, and Proposed Order |
Final Decision and Order to Cease and Desist |
| OCC | AA‑EC‑2020‑38 | Biagio Maffettone, Former Vice President and Home Mortgage Area Manager of Citizens Bank, N.A., Providence, Rhode Island | Order Granting in Part and Denying in Part Motion for Partial Summary Disposition |
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| OCC | AA‑EC‑2018‑20 | Laura Akahoshi, Former Chief Compliance Officer of Rabobank, N.A., Roseville, California | *Order Modifying October 16, 2020 Order |
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| OCC | AA‑EC‑2017‑03 | Richard Usher, former head of EMEA FX Spot Trading at JP Morgan Chase Bank, N.A., Columbus, Ohio | Order Denying Motion to Dismiss Amended Notice of Charges |
2020 Decisions
| Agency | Case Number(s) | Case Name | OFIA Decision | Agency Decision |
|---|---|---|---|---|
| OCC | AA‑EC‑2019‑82; AA‑EC‑2019‑81; AA‑EC‑2019‑70; AA‑EC‑2019‑71; AA‑EC‑2019‑72 |
Carrie Tolstedt, Former Head of the Community Bank, Claudia Russ Anderson, Former Community Bank Group Risk Officer, James Strother, Former General Counsel, David Julian, Former Chief Auditor, Paul McLinko, Former Executive Audit Director Wells Fargo Bank, N.A. Sioux Falls, South Dakota | *Order on Motion to Strike Portions of Respondent McLinko's Fourth Document Production Request |
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| OCC | AA‑EC‑2019‑82; AA‑EC‑2019‑81; AA‑EC‑2019‑70; AA‑EC‑2019‑71; AA‑EC‑2019‑72 |
Carrie Tolstedt, Former Head of the Community Bank, Claudia Russ Anderson, Former Community Bank Group Risk Officer, James Strother, Former General Counsel, David Julian, Former Chief Auditor, Paul McLinko, Former Executive Audit Director Wells Fargo Bank, N.A. Sioux Falls, South Dakota | *Order Regarding Enforcement Counsel's Motion to Strike Respondents' Affirmative Defenses |
|
| OCC | AA‑EC‑2019‑82; AA‑EC‑2019‑81; AA‑EC‑2019‑70; AA‑EC‑2019‑71; AA‑EC‑2019‑72 |
Carrie Tolstedt, Former Head of the Community Bank, Claudia Russ Anderson, Former Community Bank Group Risk Officer, James Strother, Former General Counsel, David Julian, Former Chief Auditor, Paul McLinko, Former Executive Audit Director Wells Fargo Bank, N.A. Sioux Falls, South Dakota | *Order Regarding Respondents' Initial Joint Motions for Summary Disposition |
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| FDIC | 20‑0086b | Bank of Louisiana, New Orleans, Louisiana | Exclusion Order and Order Striking Response to Notice of Charges |
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| OCC | AA‑EC‑2019‑82; AA‑EC‑2019‑81; AA‑EC‑2019‑70; AA‑EC‑2019‑71; AA‑EC‑2019‑72 |
Carrie Tolstedt, Former Head of the Community Bank, Claudia Russ Anderson, Former Community Bank Group Risk Officer, James Strother, Former General Counsel, David Julian, Former Chief Auditor, Paul McLinko, Former Executive Audit Director Wells Fargo Bank, N.A. Sioux Falls, South Dakota | *Order Regarding Enforcement Counsel's Motion Concerning the Answers of Respondents Strother, Julian and McLinko |
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| OCC | AA‑EC‑2019‑82; AA‑EC‑2019‑81; AA‑EC‑2019‑70; AA‑EC‑2019‑71; AA‑EC‑2019‑72 |
Carrie Tolstedt, Former Head of the Community Bank, Claudia Russ Anderson, Former Community Bank Group Risk Officer, James Strother, Former General Counsel, David Julian, Former Chief Auditor, Paul McLinko, Former Executive Audit Director Wells Fargo Bank, N.A. Sioux Falls, South Dakota | *Order Regarding Enforcement Counsel's Motion to Quash Discovery Deposition Subpoenas Issued to OCC Examiners Mark Dey et al. |
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| FDIC | 12‑568e; 13‑115k |
Harry C. Calcutt III, Individually and as an Institution-Affiliated Party of Northwestern Bank, Traverse City, Michigan | Recommended Decision |
Final Decision |
| FDIC | 14‑0307e; 14‑0308k |
Cornelius Campbell Burgess, Individually and as an Institution-Affiliated Party of Herring Bank, Amarillo, Texas | *Order Denying Enforcement Counsel's Motion for Partial Summary Disposition |
|
| FDIC | 14‑0307e; 14‑0308k |
Cornelius Campbell Burgess, Individually and as an Institution-Affiliated Party of Herring Bank, Amarillo, Texas | *Order Denying Respondent's Motion for Partial Summary Disposition |
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| OCC | AA‑EC‑2018‑20 | Laura Akahoshi, Former Chief Compliance Officer of Rabobank, N.A., Roseville, California | *Order Granting in Part and Denying in Part Motion to Strike Affirmative Defenses |
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| OCC | AA‑EC‑2018‑20 | Laura Akahoshi, Former Chief Compliance Officer of Rabobank, N.A., Roseville, California | *Order Granting in Part and Denying in Part Dispositive Motion |
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| FRB | 19‑018‑E‑I; 19‑018‑B‑I |
Mai Ly-Vu, A former institution-affiliated party of Pacific Premier Bank, Irvine, California | Order Regarding Enforcement Counsel's Motion for Summary Disposition |
|
| FRB | 17‑006‑E‑I; 17‑006‑CMP‑I |
Fang Fang, Former institution-affiliated party of J.P. Morgan Securities (Asia Pacific) Limited, Central, Hong Kong, China | *Order Denying Motion to Terminate |
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| OCC | AA‑EC‑2017‑02 | Rohan Ramchandani, Former Head of European FX Spot Trading at Citibank, N.A., Sioux Falls, South Dakota | Order Denying Motion to Dismiss and Granting Motion to Strike |
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| OCC | AA‑EC‑2017‑03 | Richard Usher, former head of EMEA FX Spot Trading at JP Morgan Chase Bank, N.A., Columbus, Ohio | Order Denying Motion for Default and Motion to Dismiss |
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| OCC | AA‑EC‑2018‑20 | Laura Akahoshi, Former Chief Compliance Officer of Rabobank, N.A., Roseville, California | *Order Reviewing Prior ALJ's Prehearing Actions |
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| FRB | 17‑006‑E‑I; 17‑006‑CMP‑I |
Fang Fang, Former institution-affiliated party of J.P. Morgan Securities (Asia Pacific) Limited, Central, Hong Kong, China | *Order Rejecting Objection to Prior Order on Motion for Summary Disposition |
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| FRB | 18‑036‑E‑I | Frank E. Smith and Mark A. Kiolbasa, Institution-affiliated parties of FARMERS STATE BANK, Pine Bluffs, Wyoming, a state-member bank | Findings of Fact, Conclusions of Law, Analysis, Recommended Decision, and Proposed Orders |
Final Decision |
| OCC | AA‑EC‑2017‑44; AA‑EC‑2017‑45 |
Saul Ortega, Former Chief Financial Officer, Director, President, Chief Executive Officer, and Chairman of the Board, and David Rogers, Jr., Former Chairman of the Board of First National Bank, Edinburg, Texas | Order Regarding Cross Motions for Summary Disposition |
Order Granting Cross-Motions for Interlocutory Review and Vacating and Reversing in Part April 9, 2020 Order |
| OCC | AA‑EC‑2017‑44; AA‑EC‑2017‑45 |
Saul Ortega, Former Chief Financial Officer, Director, President, Chief Executive Officer, and Chairman of the Board, and David Rogers, Jr., Former Chairman of the Board of First National Bank, Edinburg, Texas | Order Denying Motion for Summary Disposition on Appointments Clause |
Order Denying Motion for Interlocutory Review |
| OCC | AA‑EC‑2017‑02 | Rohan Ramchandani, Former Head of European FX Spot Trading at Citibank, N.A., Sioux Falls, South Dakota | Order Denying Motion to Dismiss |
|
| FDIC | 14‑0307e; 14‑0308k |
Cornelius Campbell Burgess, Individually and as an Institution-Affiliated Party of Herring Bank, Amarillo, Texas | *Order Regarding Objections on Remand |
2019 Decisions
| Agency | Case Number(s) | Case Name | OFIA Decision | Agency Decision |
|---|---|---|---|---|
| FRB | 18-036-E-I | Frank E. Smith and Mark A. Kiolbasa, Institution-affiliated parties of Farmers State Bank, Pine Bluffs, Wyoming, a state-member bank | Order Regarding Enforcement Counsel's Motion for Summary Disposition |
|
| FDIC | 12-568e; 13-115k |
Harry C. Calcutt III, Individually and as an Institution-Affiliated Party of Northwestern Bank, Traverse City, Michigan | Order Regarding Motion to Strike Affirmative Defenses |