The Verizon Class Action Settlement Payment is one of the most discussed topics among citizens of the United States of America. The company has been accused of providing customers with misinformation about the fees. They have deceptive advertising practices related to not disclosing actual costs, such as administrative fees.
This results in the actual cost being much higher than the advertising cost. People have filed a lawsuit against the company and confirmed that the prices shown in the advertisement are significantly lower than the actual prices.
Verizon Class Action Settlement Payment 2024
Verizon is a known American Wireless Network operator company and has served various customers. Verizon has faced a lawsuit against them after their illegal practice of showing their plans as cheaper than their original prices. This advertising practice of the company has misled the customers into picking the plans and then charging them higher fees.
It was not justified as the price of actual plans is way more different than in the ads. The lawsuit involves the violation of consumer protection law and advertising regulations. People have made severe accusations against the company and demanded a settlement amount from them.
Verizon Class Action Settlement Overview
| Organization | Verizon Wireless |
| Name of Program | Verizon Class Action Settlement |
| Country | USA |
| Settlement Amount | $100 million |
| Payment Date | Pending Court Approval |
| Mode | Direct Deposit / Check |
| Category | Government Aid |
| Official Website | https://www.verizonadministrativechargesettlement.com/ |
Verizon Class Action Settlement Payment Details
The company denied all the allegations made by customers but subsequently agreed and decided to pay a settlement amount. The Verizon Class Action Settlement Payment of $100 million can be made to settle the civil actions and give compensated customers. The settlement amount will be given to customers for whom the company charges disputed administrative fees.
The company will pay each of the valid claims a flat sum of $15 and asserted that in addition to the base, they would give $1 for every month up to a maximum of $85 as administrative fees. They have indicated that in addition to the base payment, the company will provide $1 each month up to a maximum of $85 as administrative fees. The overall compensation given to each candidate will be around $100 from the Verizon settlement amount.
Who will Get Verizon Class Action Settlement Payment
American customers who have faced the issues and want to receive the Verizon Class Action Settlement Payment must meet the eligibility criteria. The Company’s authorities and court will set the eligibility criteria to ensure that only accused customers can benefit.
- Customers must have been Verizon Customers for postpaid wireless or data plans from 1st January 2016 to 8th November 2023.
- Customers must have charged the disputes of administrative fees of plans, which is less than the original fee structure.
- Customers with documents like screenshots or advertisement videos verifying their state are eligible for this benefit.
Verizon Class Action Settlement Payment Dates
After the court officially approves the settlement amount, payment will be started and distributed to the bank accounts of eligible customers.
If citizens have not received the compensation or remain uncashed, such an amount will be returned and given to the respective settlement class member.
This process will show the amount as unclaimed property, and with additional informational costs, it will be deducted from the unclaimed funds.
How to File a Claim for Verizon Class Action Settlement Payment
Customers need to know that the claim deadline has been closed. But the eligible customers who wish to fill out the claim form need to follow the details which are mentioned below:
- Visit the department’s official website on their respective devices.
- Obtain the claim form and download it from the website.
- Fill out the application form with the necessary details.
- Attach all requested documents and verify the details on the form.
- Submit your form and wait for authorities to respond.
FAQs
What is the Verizon Class Action Settlement Payment amount?
Verizon agreed to pay $100 million to settle claims that it misled customers with hidden administrative fees on their plans.
When will customers receive the benefits?
After the court’s approval, the customers can receive the benefits.
Who will be eligible to receive the amount?
Customers who have been Verizon’s postpaid or plan customers from 1st January 2016 to 8th November 2023.