(Photo: Shutterstock.com) Class Action Settlements Still Paid Largely in Paper Checks. But Plaintiffs Bar Is Pushing for Change
Some plaintiffs attorneys believe the prevalence of paper checks for class action settlements is used to intentionally depress claims' rates, but the digital evolution is finally catching up for classes to get their share.
February 18, 2022 at 12:00 PM
4 minute read
Class Actions
In a financial world digitizing at full tilt, where hairdressers are tipped on Venmo, rent is collected on Zelle and "tap to pay" options are cropping up from mass transit turnstiles to Starbucks and bodegas—conspicuously, legal payments to plaintiffs are still largely trapped in paper checks.
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