Verizon Class Action Payment 2024 – Settlement Amount, Payment Dates, and Latest Updates

If you were a Verizon customer who felt misled by their advertising, you might be eligible for a part of the $100 million class action settlement. This settlement stems from a lawsuit that accused Verizon of not clearly disclosing mandatory administrative fees in their advertised prices, which made their plans appear more affordable than they were. Here’s all the essential information you need about the Verizon Class Action Payment 2024, including the lawsuit settlement amount, payment dates, and how to claim your share.

The Verizon Class Action Lawsuit

The lawsuit against Verizon was based on claims that the company engaged in fraudulent advertising practices. Specifically, Verizon was accused of failing to include a mandatory $4.99 per month administrative fee in the prices advertised for their postpaid wireless and data services. This practice misled customers into believing they were paying less for their services than they actually were.

The class action lawsuit is open to all Verizon customers who subscribed to postpaid wireless services or data plans between January 1, 2016, and November 8, 2023. If you fall into this category, you may be eligible to receive a portion of the settlement.

Settlement Amount

The $100 million settlement is intended to compensate affected Verizon customers. Here’s how the settlement payments will be calculated:

• Base Payment: Each qualifying customer who submits a valid claim will receive a flat base payment of $15.
• Additional Payment: For each month that you were charged the disputed administrative fee, an extra $1 will be added to your payment, up to a maximum of $85.

This means that customers who were charged the fee for several months could receive up to $100 in total. However, the exact amount you receive will depend on how long you were affected by the fee and the number of valid claims submitted.

Payment Dates

While the settlement has been reached, the exact dates for when the payments will be distributed have not yet been announced. Typically, in class action settlements, the payment process can take several months, as the claims need to be reviewed and approved. Once the settlement process is completed, eligible customers will receive their payments. Keep an eye on official communications for updates on the payment schedule.

How to Claim

To receive your share of the Verizon Class Action Settlement, you will need to submit a claim form. Here’s how to do it:

1. Visit the Official Settlement Portal: Go to the Verizon Administrative Charge Settlement website.
2. Download the Claim Form: Locate and download the claim form from the portal.
3. Complete the Form: Fill out the form with your name, contact details, and any other required information.
4. Submit the Form: Attach any necessary documentation and submit the form online or via mail as instructed.
5. Confirmation: After submitting your claim, you should receive a confirmation along with further instructions.

Make sure to submit your claim before the deadline to ensure that your form is processed and that you receive your payment.

Important Considerations

• Eligibility: To qualify for the settlement, you must have been a Verizon customer with postpaid wireless or data plans between January 1, 2016, and November 8, 2023. You must also be a U.S. resident.
• Beware of Scams: Be cautious of any messages or emails requesting personal information related to this settlement. Always use the official settlement portal to submit your claim and get updates.
• No Need for Legal Representation: You do not need to hire a lawyer to participate in the settlement. The claims process is straightforward and can be done on your own.

Final Thoughts

The Verizon Class Action Settlement provides a significant opportunity for customers who were misled by the company’s advertising practices to receive compensation. If you were a Verizon customer during the specified period and believe you were charged the disputed fees, be sure to submit your claim to receive your share of the settlement.

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