If you’ve received a securities class action payment, you might be asking the big question: is it taxable? The answer depends on several factors, including what the payment represents and how your investments were reported. While these payouts may not always count as income, they can still influence your tax position. Here’s a quick guide to help you understand what to look for.

Most law firms treat claims administration as a necessary cost of running a class action. But what if it could do more? Nuvo Claims’ Shared Responsibility Model reframes administration as a strategic partnership — creating revenue opportunities for firms while reinforcing transparency and fiduciary control.

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AI can now generate fake passports and government IDs that look alarmingly real—often good enough to pass a visual inspection in seconds. What once required specialized skills and resources is now accessible to anyone with the right software and an internet connection. For claims administrators, this shift marks a turning point. As the barrier to fraud drops, the risk to settlement integrity rises, making robust identity verification no longer optional, but essential. In a landscape where “looks real” is no longer a reliable standard, protecting claimants, courts, and settlement funds demands a smarter, more layered approach to identity verification.

We saw firsthand how much time and effort firms were spending on tasks that could be automated—and how frustrating the process was for claimants trying to follow up on the status of their claims.

That’s why we founded Nuvo Claims.

We set out to modernize the way claims are collected, processed, and paid out—reducing the administrative burden on law firms while giving claimants a secure, easy-to-use digital experience.