ZK Law Files Class Action Lawsuit Against Wells Fargo Alleging Insurance Scheme

The attorneys at ZK Law, along with co-counsel at Squitieri & Fearson, LLP, recently filed a federal class action lawsuit against Wells Fargo in the United States District Court of Northern Ohio, Western Division. The complaint is titled Swain v. Wells Fargo Bank, et al., alleging that the bank committed an unlawful scheme involving “force-placed insurance.”  Specifically, Wells Fargo scammed unsuspecting homeowners by demanding that they maintain flood insurance for their property in amounts greater than required by law, greater than required by their mortgage agreements, and greater than Wells Fargo’s financial interest in their property, despite any reasonable or lawful basis.

Along with the named plaintiff to the suit, there could potentially be thousands of homeowners and families that have been negatively affected by this or a similar unlawful insurance scheme.

This is not the only lender that has been accused of such insurance schemes, as Bank of America, JP Morgan Chase, Citibank, GMAC and HSBC Mortgage Corporation are currently under investigation regarding similar allegations.

If your bank or lender force-placed an insurance policy on your home, your bank or lender may have treated you unfairly and you may be able to join our class action lawsuit. Contact our firm by filling out our online contact form, by calling attorney David Zoll via phone at (419) 841-9623, or by email to [email protected]

Zoll & Kranz– class action lawyers


  1. I’ve been screwed by Wells Fargo too-forced flood insurance. You may call me at 301 ***-****.

    1. Author

      I am sorry to hear that Roger. Thank you for reaching out to us on our blog. We will be calling you shortly to ask a few more questions about your situation. I hope you don’t mind I hid the majority of your phone number for your privacy.

    1. Author

      Denise- I’m sorry to hear you are having some problems. Will you please give us a call at 888-841-9623? We might be able to help but we need to hear more of what has happened.

  2. I had reached out to Wells Fargo for help as I knew I was going to fall behind due to a loss of income. They sent me loan mod packets for which I returned, they denied me then sent me another loan mod packet for which I returned as well to be denied again. After I complained they admitted that they never had any intent to assist me they basically strung us along and put us further in arrears for appx 18 months now. They are not following Mass Laws (chapter 244 &35A) They are lying, deceiving and stringing me along and need to be held accountable for their unfair practices. They need to start using the bailout money they got to assist the distressed Homeowners like the money was intended for. PLEASE HELP

    1. Author

      Thank you for reaching out to ZK Gail. We will be in contact with you via the email provided to discuss this further.

  3. My husband and I have been dealing with the same thing with wells Fargo and their force placed flood insurance.

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