News & Insights

Stay up to date on the latest ClaimScore news & insights.

Scammers flood US class action settlements with fraudulent claims

Reuters spoke with ClaimScore co-founder Don Beshada about the rise of claims fraud in class actions. Fraudulent claims have exploded in the last year, siphoning money out of settlements and threatening the class action system itself.

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ClaimScore, Startup Using AI To Target Fraud In Class Action Claims, Raises $3.15M In Oversubscribed Round

ClaimScore, a startup combating fraud in class action lawsuits with AI, closed a $3.15 million seed funding round led by ROC Venture Group.

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ClaimScore Raises $3.15M To Deter Class Action Fraud

ClaimScore, an anti-fraud software solution for class action settlements, secured a $3.15 million seed funding round on Wednesday to resolve the growing fraud problem in the legal industry.

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ClaimScore, AI-Powered Claim Validation Software Provider, Announces $3.15 Million in Funding

ClaimScore, a leader in AI-powered claim validation for class action settlements, closed a $3.15 million seed funding round led by ROC Venture Group.

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Exclusive: Startup seeks to reduce class action fraud

AI startup ClaimScore, which focuses on detecting fraudulent claims in class action lawsuits, secured $3.2 million in seed funding. The round was led by ROC Venture Group, according to an exclusive report by Axios.

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The Altria Class Action: A Case Study in Al-Fueled Fraud and Mitigation Strategies

In a recent article for Law.com, ClaimScore Co-Founder and CPO Bryan Heller explains the challenges of programmatic fraud in mass litigation, as highlighted by the Altria/Juul class action. Settlement administrators were inundated for 14.4 million claims -- nearly five times the anticipated volume -- driven by a surge in AI-based fraud.

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Data vs. Fraud: Why Backups Win Class Action Lawsuits

Transparency and accountability are cornerstones of the American legal system. In class action lawsuits, where a large group of individuals with similar claims join forces against a defendant, these principles are even more critical. However, a concerning trend has emerged: the exclusion of class members from settlements without proper justification or transparency. This raises serious questions about fairness, accountability, and the very foundation of evidence-based decision making.

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Angeion Group Announces Strategic Partnership with ClaimScore to Enhance AngeionAffirm Fraud Detection System

Angeion Group, a pioneer in class action settlement solutions, is pleased to announce its strategic partnership with ClaimScore, an industry leader in AI-driven claim validation software.

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ClaimScore LLC Announces Commercial Availability of its Validated AI-Powered Anti- Fraud Software Solution for the Class Action Marketplace

The company behind the first and only AI and machine learning-based claim management and anti-fraud software solution for class action settlements - today announced the launch of its “plug and play” API for class action administrators.

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