SOS: bank won't reverse wire transfer

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Illustrative scenario prepared by my practice.
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
Hypothetical question

I'm in a difficult situation and trying to figure out my next steps.

bank won't reverse wire transfer. I've been dealing with this for about 15 months now and the situation isn't improving.

The amount being held/disputed is approximately $43,734. I have tried contacting their legal department 7 times with no resolution.

What are the risks if I pursue this? What's the likely timeline?

Illustrative response

Just want to point out — the statute of limitations might be a factor here. In some states it's as short as 1-2 years. Don't sit on this too long.

Illustrative response

So this is more common than people think.

A lot of people mess up by is escalating to a supervisor/manager. I'd recommend following the formal complaint procedure instead.