In this article we will discuss about Verizon Class Action Settlement 2024, $100 Million Payout and more. In 2024 Verizon Wireless agreed to a $100 million settlement to resolve a class-action lawsuit. The lawsuit arose out of hidden fees that customers were charged but were not properly informed about. This resulted in many customers being charged more than their expected bills. In this article, we will discuss the Verizon Class Action Settlement in detail, including the amount of the payout, eligibility, and important dates.
Contents
Verizon Class Action Settlement 2024 Details
The main aim of Verizon Class Action Settlement is to provide compensation to the customer who were affected by hidden administrative fees. Verizon Class Action Lawsuit Overview below:
- Allegations of hidden monthly plan rates.
- Settlement amount: $15 base payment for valid claims.
- Additional $1 monthly for each disputed fee, up to $85.
- Up to $100 total if multiple months of administrative fee paid.
- Total amount depends on number of valid claims and duration of affected period.
Also Read: $4873 Social Security 2024 Boost: The Third Installment Is On Its Way
Eligibility Criteria for Verizon Class Action Settlement
- Eligibility: Customers of Verizon postpaid wireless or data plans between January 1, 2016 and November 8, 2023.
- Warning: Avoid personal information inquiries.
- Use official settlement portal for updates and application procedures.
- Verizon charged $4.99/month administrative fee without notice.
Verizon Lawsuit Settlement Amount
The Verizon class action lawsuit is about allegations that the company hid the true rates of its monthly plans from customers. You may want to know how the payout amount will be determined. Here’s how the settlement amount will be calculated.
| Payment Type | Details |
|---|---|
| Base Payment | A standard amount of $15 will be provided to every eligible customer. |
| Monthly Service Bonus | Receive $1 for every month that administrative fees are applied, up to a maximum of $85. |
| Maximum Payment | The total payment per customer cannot exceed $100. |
How to Claim Verizon Class Action Lawsuit Settlement
The applicant must be a US resident and opted for postpaid wireless or data plans during a specified time period. To receive your share, fill out the claim form and submit it through the major settlement portal. Here’s how you can claim your share:
- Visit Verizon portal and download claim form.
- Fill in name, contact details, and other information.
- Attach required documents online or via mail.
- Receive confirmation and instructions upon successful submission.
- Apply before deadline for processing.
Verizon Class Action Settlement Payment Dates
Verizon has not yet revealed the payment date for the Verizon Class Action Settlement, but eligible customers can expect to receive payments once the distribution date is confirmed, so stay updated.
FAQs on Verizon Lawsuit Settlement
Is Verizon Class Action Settlement Legit?
Yes, the Verizon Class Action Settlement is legitimate; both the suing party and Verizon have agreed to resolve the lawsuit through this settlement.
When Will eVrizon Lawsuit Settlement be Paid
Verizon has not yet announced the payment date for the settlement, but eligible customers will receive payments once the distribution date is confirmed.
How Long Does It Take To Get A Settlement From A Class Action Lawsuit?
Settlement times for class action lawsuits can range from a few months to several years, with many taking around two to three years to resolve.
Related posts:
