
In the past year, the U.S. class action settlement system has been significantly impacted by an influx of fraudulent claims, which have exploded according to multiple sources. Artsana, a company known for its child car booster seats, settled claims last year, offering $50 to affected customers after allegations of misleading product usage instructions. However, this settlement and others are now being exploited by scammers, leading to financial losses for genuine claimants and posing a threat to the integrity of the class action system. Lawyers and claims administrators have expressed concerns about the increasing scale of this issue, which is siphoning funds from rightful recipients.
Fraudulent Claims in Class Actions and Mass Torts Are Skyrocketing https://t.co/BsRMBbedX9
Data Breaches, ADA Compliance Drive Class Action Increase, Report Finds https://t.co/jACU1pyCM1
Fraudulent claims have exploded in the last year, siphoning money out of settlements and threatening the class action system itself, said lawyers and claims administrators interviewed by @Reuters https://t.co/HQ8JcJUMw7 https://t.co/vNRCbdg6w4
