The seller is not being very cooperative, so far.
He has offered to refund me EXCEPT for his $21.43 shipping charge - or - refund me $50 to repair it myself.
So - I lose close to 50 bucks to send it back or take the $50 and try to replace the wheel.
Where would I get one wheel and how is it replaced?
Ponz
First, fixing it is preferable to anything else; I won't get into the "woulda, shoulda" of buyers and sellers.
Second, this cast metal - zinc, almost certainly - can be bent back into shape, probably only once, with care, patience and moderate expectations.
If the problem is the flange only and the entire wheel does not wobble in any meaningful way (many model train wheels wobble a bit from the factory, especially older vintages, but it cannot be seen in ordinary use), it appears to me that this flange may be coaxed back into nearly correct contour. Heating can help this, but you can't put a torch on this truck. I've never used heat for zinc work, BTW.
Take a pair of pliers - not needle-nose; more blunt - and firmly grasp the flange on the "hump" and near the base of it at the wheel. Don't grasp just the edge of the flange. Attempt to bend it, firmly and gently all along the deformed area, especially at the "peak". Look at it. Keep it up until the profile looks better. Look at it; test it. Keep at it. Don't jerk it. (Small Vice-Grips may be a way to go instead of plain pliers; just proceed carefully and slowly.)
If you get the flange almost straight but you would like to finish it off and the bending is getting uncooperative, dress the flange face a bit with a file. If the wobble goes away in normal service, it's fixed. Micrometers not needed.
Did I mention patience?