Credit: MoriMori/Adobe Stock Fraudulent Claims in Class Actions and Mass Torts Are Skyrocketing
Western Alliance Bank's "2024 Digital Payments in Class Actions and Mass Torts" report found that fraud grew regardless of whether claims were paid via digital payment or paper checks, though digital payments are fast becoming the norm.
May 02, 2024 at 12:28 PM
5 minute read
Class Actions
The original version of this story was published on Legal Tech News
Fraudulent class action and mass tort claims are rampant, while digital payments are fast becoming more common for claim disbursement, according to the "2024 Digital Payments in Class Actions and Mass Torts" report by Western Alliance Bank and its wholly owned subsidiary digital payments platform Digital Disbursements.
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Law Firms Mentioned
Trending Stories
- 1The Law Firm Disrupted: For Big Law Names, Shorter is Sweeter
- 2Wine, Dine and Grind (Through the Weekend): Summer Associates Thirst For Experience in 'Real Matters'
- 3The 'Biden Effect' on Senior Attorneys: Should I Stay or Should I Go?
- 4'That's Disappointing': Only 11% of MDL Appointments Went to Attorneys of Color in 2023
- 5'You Are Not Alone': 120 Sex Assault Victims Plan to Sue Sean 'Diddy' Combs
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
