It's hard to say whether Americans are more disgusted with insurance companies or financial institutions. Wells Fargo Bank is at the center of a class action lawsuit where the lead plaintiff claims the bank froze personal accounts, keeping her from accessing money to pay for rent and food for her family.
The lawsuit, which was filed in San Francisco court on Jan. 31, claims that Brooke Yarbrough filed for Chapter 7 bankruptcy on Jan. 14, 2011, on behalf of 100 people involved in the suit. When she filed for bankruptcy, she petitioned that her personal account at Wells Fargo -- which is based in San Francisco -- remain active so that she could use it for living expenses.
The bank, without giving Yarbrough any notice, wrongfully froze her accounts. She was unemployed with no access to credit cards or other loans, according to the lawsuit.
"Wells Fargo was aware that blocking funds from the plaintiffs would cause severe financial hardship," the lawsuit stated.
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