Verizon Lawsuit Settlement: Confirmed Class Action Payment Dates and Amount Fixed

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Verizon, known for providing wireless services to millions, has found itself in a legal dispute due to misleading advertising. The core issue of the lawsuit revolves around Verizon promoting lower rates in their advertisements, but customers were ultimately charged more than expected. This discrepancy left many, particularly in New Jersey, frustrated as they paid more than what was originally advertised.

Verizon Class Action Settlement

The additional fees, labeled as “administrative charges,” further inflated the bills for customers, creating dissatisfaction and sparking this legal challenge. As a result of these higher charges, a settlement has been set at $100 million. However, only eligible customers will receive compensation, and the exact date for the settlement payments will be announced soon.

Verizon has agreed to distribute a $100 million settlement fund among eligible customers. This settlement aims to compensate those who were charged the disputed administrative fees. The settlement fund will be disbursed as follows-

  • Each Payment will receive a flat payment of $15.
  • Eligible customers will receive 1 dollar for each month they were charged the administrative fee, up to a maximum of $85.

What are the dates of the Verizon Class Action Settlement?

Once the settlement receives the final approval, payments will be disbursed to the eligible customers of Verizon Class Action Settlement either by check or electronic transfer. In case where settlement checks remains uncashed or are deemed undeliverable by the settlement administrator, these will be classified as unclaimed property belonging to the respective settlement class member. This process will be adhere to the relevant state unclaimed property regulations with any additional administrative costs being deducted from the unclaimed amounts on a proportional basis of the Verizon class action settlement.

Following the withdrawal dates of the Verizon Class Action Settlement

How to file a Verizon Class action claim?

Filing a Verizon Class Action claim in two ways – electronically or by mail

  • For electronic submission- You can file your claim using the confirmation code and the ID provided in the email sent to you.
  • For mail submission – If you prefer to file by mail, print the claim form, complete it with your details, and send it to the provided address.

What are the eligibility requirements for Verizon Class Action Settlement?

  • A person who has purchased Verizon’s postpaid services.
  • The services must be purchased and used between January 01, 2016, and November 08, 2023, to get a claim.
  • You are charged an additional administrative fees.
  • The claim must be filed by April, 15, 2024
  • For any other plan too, the fee is extra.

Verizon Class Action Settlement Overview 

  • The Verizon Class Action Settlement Started in New Jersey> It’s about verizon adding extra charges to its customer bills. The lawsuit claims that some verizon customers in the U.S were billed more than advertised price because of an added administrative charge.
  • Customer argue that Verizon didn’t clearly list these charges on their bills, which was misled them. Even though verizon denies  any wrongdoing with bills, it has agreed to pay $100 million to settle the dispute. This is a significant settlement, as it one of the biggest ones related to administrative fees.
  • These fees were used for things like paying rent and maintaining cities sites. As part of the settlement, Verizon has promised to be more transparent about its fees in the future.

Updates on Verizon Class Action Settlement 

After a submitting a claim, customer should stay informed after the progress of the lawsuit and any developments. If additional documentation or information is required, the settlement administrators will reach to the claimants. It is also possible that eligible customers may be required to attend hearings or provide further input to finalize their claim.

The Version Class Action Lawsuit in 2024 provides a significant opportunity for affected customers to receive compensation for deceptive advertising practices. With a potential payout of upto $100 per customer, its important to file a claim if you are eligible, If you meet the eligible criteria, filing your claim is a straight forward process, ensuring you can get your fair share of the settlement.

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