April 23, 2010

Hulk Hogan Sues Wells Fargo

Hulk Hogan is back in the news again, this time trying to bodyslam someone in civil court, as he files a lawsuit against Wells Fargo.

Hogan is suing the insurance company for not giving him proper advice about his insurance policy. After his son Nick was in a serious car crash in 2007, Hulk Hogan realized he should have had an umbrella policy that would have covered that automobile accident. Because of his failure to take out that policy he lost a great deal of money, according to the suit.

Acording to Hogan's attorney, "The layman's way to put it is, this is broker malpractice. He delegated all of that to the trust of his insurance broker. "

Hulk Hogan Sues

Professional wrestler and reality TV personality Hulk Hogan is suing Wells Fargo Insurance Services for alleged malpractice, Florida court records show. The St. Petersburg (Fla.) Times said Hogan, whose real name is Terry Bollea, is accusing the insurance company of failing to advise him to take out an umbrella policy that would have protected his net worth following his son Nick's 2007 car crash, which seriously injured his son's friend, John Graziano. "The layman's way to put it is, this is broker malpractice," Hogan's attorney Wil Florin told the newspaper. Hogan recently paid a confidential settlement in a lawsuit brought against him by the Graziano family and is seeking to reimbursement for the money he was "unnecessarily required to pay as a result of the defendant's negligence," the Times quoted Florin's law firm as saying.

Hulk Hogan Sues

Posted at April 23, 2010 3:52 AM