Investigation and pending class action against Chicago Title Company, one of the nation's largest title and escrow companies.
The class action complaint alleges that Chicago Title engaged in a scheme and deception designed to bilk customers out of millions of dollars. Chicago Title allegedly engaged in a captive reconveyance scheme - charging customers fees for reconveyance when the reconveyance is actually done by the prior lender, a charge built into the payoff amount.
It is believed that Chicago Title engaged in this practice over the past five years and has illegally collected millions of dollars from consumers.
Name (Stock Symbol)
Chicago Title Insurance Company
Chicago Title Insurance Company sells, underwrites and administers title insurance nationally.
The information provided on ClassAdvocate.com is general in nature,
does not apply to any particular factual situation, and is not and
should not be taken as legal or other professional advice. We make no
commitment or warranty that the factual, legal or any other information
on ClassAdvocate.com, or on any linked website, is accurate, complete,
error-free, or current. As such, you should not rely on such information,
and should seek professional advice if and as you determine appropriate.
ClassAdvocate.com is not a lawyer referral service, and no attorney-client
or confidential relationship is or should be formed by use of the site.
The investigations listed on ClassAdvocate.com are attorney advertisements
and do not in any way constitute a referral or endorsement by ClassAdvocate.com
or any approved or authorized lawyer referral service.