Flood & Flood News Alert
In 2019, John reached a confidential settlement for his 13-year-old client who was severely burned in a propane tank explosion. Mr. Flood and his client want to acknowledge and thank the doctors and nurses and caretakers at Shriners Hospital for Children in Galveston, Texas for the extraordinary care they provided, and continue to provide, his client. Please consider making a donation to Shriners to support the amazing love, care and support it provides catastrophically burned children: https://www.shrinershospitalsforchildren.org/galveston/ways-to-give
In 2018, John completed his work for the mother of an 8-year-old little boy who was needlessly killed by a rusted steel light pole that fell on him in a restaurant parking lot. Digging through years of evidence, John discovered the pole’s maintenance was negligent. A confidential settlement was reached with the pole owners, designers and maintenance companies.
John Flood of Flood & Flood announces a $13,063,526 settlement of his 175 clients’ claims in Davis, et al. v. Wells Fargo Bank, N.A., et al. John’s clients were owners of lots at The Sanctuary at Costa Grande development in Port O’Connor, Texas. The lawsuit was borne out of what the plaintiffs claimed was a tax-evasion scheme by Wells Fargo that resulted in violations of Texas wrongful foreclosure, fraud, and unjust enrichment laws. “My clients were victims of what looked like an effort by the bank to depress the market at The Sanctuary after the 2008 financial crisis to parlay tax advantages built into its acquisition of Wachovia Bank” said Flood. The Plaintiffs released their claims against the bank in exchange for non-monetary and monetary terms valued at $13,063,526.
The case is Civil Action No. 6:11-cv-00047; Mack Davis, et al. v. Wells Fargo Bank, N.A. in the United States District Court for the Southern District of Texas, Victoria Division.