Verizon Communications has agreed to settle a significant class action lawsuit in 2024, potentially affecting millions of current and former customers. This lawsuit, stemming from allegations of unfair billing practices, has resulted in a $100 million settlement fund.
This article will break down the essential details regarding payment dates, settlement amounts, and how you can file a claim to ensure you receive your compensation.
Overview of the Verizon Class Action Lawsuit
The lawsuit against Verizon was filed on behalf of customers who claimed that the company engaged in deceptive practices, such as:
- Overbilling and hidden fees
- Misleading promotional offers
- Unfair contract terms
Verizon, while denying any wrongdoing, agreed to settle the lawsuit to avoid prolonged litigation and further reputational damage.
Settlement Payment Details
The total settlement amount is $100 million, which will be distributed among eligible customers based on the following factors:
- Duration of Service: How long the customer used Verizon’s services.
- Type of Service: Whether the customer used wireless, internet, or other Verizon services.
- Overcharges Incurred: The amount overcharged by Verizon, including any hidden fees.
Estimated Payment Amounts
While the exact payout can vary, individual payments could range from $50 to several hundred dollars.
Each eligible customer is expected to receive a base payment of $15, with an additional $1 for every month they were charged administrative fees, up to a maximum of $85.
Eligibility Criteria
To qualify for a payout, customers must meet the following criteria:
- Current or Former Verizon Customer: You must have been a Verizon customer between January 1, 2016, and November 8, 2023.
- Postpaid Wireless or Data Plan: The settlement applies to customers with postpaid wireless or data plans.
- Filing a Claim: You must submit a claim form before the specified deadline to be eligible for the payout.
How to File a Claim
Filing a claim is straightforward and involves the following steps:
- Visit the Settlement Website: Navigate to the official Verizon Administrative Charge Settlement website.
- Download the Claim Form: Obtain the form from the website.
- Fill Out the Form: Provide accurate details such as your name, contact information, and Verizon account details.
- Attach Supporting Documents: Include any necessary documents to support your claim.
- Submit the Form: Send your completed claim form either online or by mail before the deadline.
Payment Distribution Dates
The exact date for settlement payments has not been finalized, but the distribution is expected to occur within 6 to 12 months after the final approval of the settlement. The process includes:
- Claim Review: Submitted claims will be reviewed to verify eligibility.
- Approval and Processing: Approved claims will be processed for payment.
- Distribution: Payments will be distributed either via check or electronic transfer.
Conclusion
Verizon class action lawsuit settlement offers a significant opportunity for eligible customers to receive compensation for unfair billing practices.
By following the outlined steps to file a claim and staying informed about payment dates, you can ensure you receive your share of the settlement. Don’t miss out on this chance to reclaim what you’re owed; act promptly to secure your payout.
1. How much can I expect to receive from the Verizon settlement?
Eligible customers can receive between $15 and $100, depending on the duration of service and the extent of overcharges.
2. Who qualifies for the Verizon settlement payout?
Any current or former Verizon customer in the U.S. with a postpaid wireless or data plan between January 1, 2016, and November 8, 2023.
3. How do I file a claim for the Verizon settlement?
Visit the settlement website, download the claim form, complete it with necessary details, and submit it online or by mail.
4. What was the lawsuit against Verizon about?
The lawsuit accused Verizon of deceptive advertising by not disclosing mandatory administrative fees in their advertised plan prices.
5. When will I receive my settlement payment?
Payments are expected to be distributed within 6 to 12 months after the final settlement approval.
