Verizon Settlement 2024 Confirmed! Class Action Lawsuit Payment Dates, Amount, and Form

By Ehsteem Arif

Published on:

Joe Biden

Verizon customers may be eligible for a share of a proposed $100 million class-action settlement, stemming from allegations of deceptive advertising practices regarding their wireless service plans. The core issue involved mandatory administrative charges that were not included in the advertised rates, leading to misleading impressions of the plan costs.

Lawsuit Background

The lawsuit claimed that Verizon misled customers about their monthly wireless service costs by not clearly disclosing certain fees, such as administrative charges. These fees inflated the advertised price of their plans, causing customers to believe they were paying less than they actually were. The settlement aims to address this issue and compensate affected customers.

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Settlement Payment Details

For the Verizon Class Action Lawsuit, each qualified individual could receive up to $100 in awards, depending on how long they were a customer. Verizon has denied any wrongdoing but agreed to the settlement.

Settlement Amount Breakdown

The settlement offered a potential payout capped at $100 per eligible customer, with the actual amount received based on two factors:

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  1. Base Payment: A flat $15 for each valid claim.
  2. Monthly Service Bonus: An additional $1 for each month a customer was charged the disputed administrative fee, up to a maximum of $85.

The total $100 million fund will be distributed among all approved claims. If a high number of customers participate, individual shares may be smaller. The longer a customer was charged administrative fees, the higher their monthly service bonus could be, up to $85.

Eligibility and Claim Process

To be eligible for the settlement, you must:

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  • Be a current or former Verizon customer residing in the United States.
  • Have had a postpaid wireless or data plan between January 1, 2016, and November 8, 2023.
  • Have been charged the disputed administrative fees during the specified timeframe.

How to Claim

Eligible individuals must submit a claim form to receive their share of the settlement. Follow these steps to apply:

  1. Access the Form: Visit the Verizon Administrative Charge Settlement website.
  2. Download the Form: Find the link to download the application form.
  3. Fill Out the Form: Provide necessary details such as your name, contact information, and relevant account details.
  4. Attach Documents: Include any required documents with your form.
  5. Submit the Form: You can submit the completed form and documents online or via mail before the specified deadline.

Post-Submission

After submitting your application, you will receive confirmation and further instructions regarding the settlement process. Ensure you stay informed about the progress and respond to any additional requirements or attend hearings if necessary.

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Key Dates

The settlement agreement was reached in November 2023. Here are some key details:

DetailInformation
Settlement Fund$100 million
Maximum Individual Payout$100
Base Payment$15
Monthly Service Bonus$1 per month (up to $85)
Eligible PeriodJanuary 1, 2016 – November 8, 2023
Application DeadlineTBD
Official WebsiteVerizon Administrative Charge Settlement

The Verizon Class Action Lawsuit settlement provides a means for eligible customers to receive compensation for the undisclosed administrative fees that inflated their wireless service costs. By knowing the eligibility criteria and following the claim process, customers can ensure they receive their fair share of the $100 million settlement fund.

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FAQs

What is the Verizon Class Action Lawsuit about?

The lawsuit claims Verizon misled customers about wireless service costs by not disclosing certain administrative fees.

How much can I receive from the settlement?

Up to $100, depending on the length of time you were charged the disputed fees.

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Who is eligible for the settlement?

Current or former Verizon customers with postpaid plans between January 1, 2016, and November 8, 2023.

How do I apply for the settlement?

Submit a claim form via the Verizon Administrative Charge Settlement website or by mail.

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What is the deadline for submitting a claim?

The application deadline is yet to be determined.

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Disclaimer- We are committed to fair and transparent journalism. Our Journalists verify all details before publishing any news. For any issues with our content, please contact us via email. 

Ehsteem Arif

A tax law expert with a knack for breaking down complex regulations into digestible insights. Ehsteem's articles on the tax news blog offer invaluable guidance to readers navigating changes in tax legislation.

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