Investigation Into Wells Fargo Duplicate Charge of Collateral Protection Insurance
Summary of Investigation: Welcome to the webpage maintained by Shepherd, Finkelman, Miller & Shah, LLP (“SFMS”) for its investigation into Wells Fargo and its alleged overcharging of Collateral Protection Insurance (“CPI”) on unsuspecting customers. Specifically, Wells Fargo allegedly charged customers for an additional CPI policy despite that their automobile loan policy already including CPI coverage. The additional cost of the insurance plan caused a large number of customers to become delinquent on their loans and even caused customers’ vehicles to be repossessed.
If you had an automobile loan through Wells Fargo between 2012 and 2017 and believe you were overcharged for CPI or would like to learn more about this investigation, please fill out the form below.