The Verizon class action lawsuit settlement has garnered significant attention, especially from former and current customers who felt misled by the company’s advertising practices.
This article will provide all the essential details regarding the settlement amount, payment dates, and how eligible customers can claim their share.
Verizon Class Action Lawsuit Payment 2024
Lawsuit Background
The lawsuit accused Verizon of fraudulent advertising by not clearly disclosing mandatory administrative fees in their advertised prices. This practice made their plans appear more affordable than they actually were.
The class action lawsuit is open to Verizon subscribers who obtained postpaid wireless services or data services. Customers charged for their cell service between January 1, 2016, and November 8, 2023, may be eligible for a portion of the $100 million settlement.
Eligibility Criteria
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.
- Be cautious of fraudulent messages or emails asking for personal information related to this settlement. Always use the official settlement portal for updates and application procedures.
Verizon Lawsuit Settlement Amount
Payment Calculation
The settlement amount each qualifying customer receives will depend on how long they were charged the disputed fees. Here’s the breakdown:
- Base Payment: Each qualifying customer who submits a valid claim will receive a flat $15 base payment.
- Additional Payment: An extra $1 will be added for each month you were charged the administrative fee, up to a maximum of $85.
Thus, if you were a Verizon customer for several months and paid the administrative charge, you could receive up to $100 in total. The final amount you receive will depend on the number of valid claims and the duration you were affected by the fees.
Verizon Class Action Payment Dates
The settlement will provide a $100 million payout to qualifying subscribers misled by Verizon’s advertising practices.
Each eligible customer can receive a base payment of $15, with additional compensation based on the duration of the administrative fee charges.
Payment Schedule
Currently, the specific payment dates have not been finalized. The settlement process might take some time, and eligible customers will receive their payments once the process is completed. Stay tuned for updates through official announcements or articles.
Verizon Class Action Payment News
How to Claim Your Share
To claim your portion of the settlement, follow these steps:
- Visit the Official Settlement Portal: Navigate to the official Verizon Administrative Charge Settlement portal.
- Download the Claim Form: Locate and download the claim form from the portal.
- Fill Out the Form: Provide your name, contact details, and other required information.
- Submit Required Documents: Attach any necessary documents with the form either online or via mail.
- Submit Your Claim: After submitting the claim, you will receive a confirmation and further instructions. Ensure you apply before the deadline to have your claim processed.
Additional Information
- Eligibility Verification: Ensure you meet all eligibility criteria before submitting your claim.
- Fraud Prevention: Be wary of any unsolicited messages requesting personal information. Always use the official channels to submit your claim and gather information.
The Verizon class action lawsuit settlement offers a significant opportunity for affected customers to receive compensation for misleading advertising practices.
By following the outlined steps and staying informed through official channels, eligible customers can ensure they receive their rightful share of the settlement.
The adjustments in payment dates and the final settlement amount may take time, so patience is essential during this process.
FAQs
Who is eligible for the Verizon class action payment?
Customers who had postpaid wireless or data plans between January 1, 2016, and November 8, 2023, are eligible.
How much can I receive from the settlement?
Eligible customers can receive a base payment of $15, with an additional $1 for each month they were charged the administrative fee, up to $85.
How do I claim my settlement payment?
Visit the official settlement portal, fill out the claim form, submit required documents, and follow further instructions.
When will the settlement payments be made?
The specific payment dates have not been finalized. Stay updated through official announcements.
Where can I get more information about the settlement?
Use the official Verizon Administrative Charge Settlement portal for the latest updates and information.
