Claims submitted in class action and mass tort lawsuits with significant indicia of fraud fell substantially in 2024, according to the 2025 Annual Report on Digital Claims in Class Actions and Mass Torts published by Western Alliance Bank and its class settlement payment subsidiary Digital Disbursements.
Claims with significant indicia of fraud fell more than 40% from nearly 81 million in 2023 to 48.3 million in 2024. The drop is the first ever observed in Western Alliance Bank’s annual reports, and followed a 19,000% increase in potentially fraudulent claims between 2021 and 2023, as cataloged in the 2024 annual report.
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