LOS ANGELES (Legal Newsline) – A Mississippi man alleges that automobile loans from a certain financial institution added unnecessary and unwanted auto collateral protection insurance and additional fees.
Brian Miller filed a complaint on behalf of himself and all others similarly situated on Aug. 3 in the U.S. District Court for the Central District of California against Wells Fargo & Co., Wells Fargo Bank N.A., doing business as Wells Fargo Dealer Services Inc., National General Insurance Co., Dawn Martin Harp; Bill Katafias; and Does 1 through 10 citing the Racketeer Influenced Corrupt Organizations Act.
According to the complaint, secured a loan with Wells Fargo for the purchase of a vehicle in December 2015. He alleges his credit score was damaged because Wells Fargo had reported six late payments on the loan that were caused by the placement of collateral protection insurance on his vehicle without his knowledge
The plaintiff holds the defendants responsible because the defendants allegedly reaped profits at the expense of borrowers and forced borrowers to pay for unnecessary and unwanted collateral protection insurance.
The plaintiff requests a trial by jury and seeks actual damages, statutory damages, treble damages, punitive damages, restitutionary disgorgement, all legal fees, interest and any other relief as the court deems just. He is represented by Daniel L. Germain of Rosman & Germain LLP in Encino, California.
U.S. District Court for the Central District of California case number 8:17-cv-01345-AG-KES