Verizon customers have a significant update regarding the 2024 class action lawsuit settlement. This settlement, valued at $100 million, addresses allegations of deceptive advertising practices related to Verizon’s wireless service plans. The lawsuit primarily focused on the inclusion of mandatory administrative charges in the monthly plan prices, which were not reflected in the advertised rates.
This article will provide detailed information on the settlement payment dates, amounts, and how to claim your share.
Verizon Class Action Lawsuit 2024: Key Details
The Verizon class action lawsuit in 2024 centers around allegations that the company misled customers about their wireless service costs. Plaintiffs argued that Verizon failed to clearly disclose additional fees, such as administrative charges, thereby inflating the actual cost of their plans. This lack of transparency led to a misleading perception of affordability, enticing customers to choose plans that ended up being more expensive than advertised.
Allegations Against Verizon
The lawsuit against Verizon stemmed from accusations that the company misled customers about their wireless service costs. Plaintiffs argued that Verizon failed to clearly disclose additional fees, such as administrative charges, thereby inflating the actual cost of their plans. This lack of transparency led to a misleading perception of affordability, enticing customers to choose plans that ended up being more expensive than advertised.
Impact on Customers
Customers who were misled by these practices and ended up paying more than expected are the primary beneficiaries of this settlement. The lawsuit aimed to rectify this issue, resulting in a $100 million settlement to be distributed among eligible customers.
IMPORTANT:
- Extra $312 For SSI Payment 2024
- 23% Increase in Retiree Paychecks
- 528/Month Stimulus Payment in 2024
Settlement Payment Details
Payment Dates
The settlement reached an agreement in November 2023, with the fund to be distributed among eligible customers who were charged the disputed fees between January 1, 2016, and November 8, 2023. Exact payment dates have not been disclosed yet, but updates will be provided as they become available.
Settlement Amount
The Verizon Class Action Settlement offers potential payouts based on two components:
- Base Payment: A flat $15 for every valid claim.
- Monthly Service Bonus: An additional $1 for each month a customer was charged the disputed administrative fee, up to a maximum of $85.
The total payout for each customer can vary, with a potential maximum of $100 depending on the duration of the charges.
Eligibility Criteria
To be eligible for the settlement, you must meet the following criteria:
- Be a current or former Verizon customer residing in the United States.
- Have had a postpaid wireless or data plan during the specified timeframe (January 1, 2016, to November 8, 2023).
How to Claim Your Settlement
Filing the Claim
To claim your share of the settlement, you must submit a claim form. Follow these steps:
- Visit the Settlement Website: Navigate to the official Verizon Administrative Charge Settlement website.
- Download the Application Form: Find and download the application form from the website.
- Fill Out the Form: Complete the form with essential information, including your name, contact details, and relevant account information.
- Attach Required Documents: Attach any necessary documents to support your claim.
- Submit the Form: Submit your completed application either via mail or online before the specified deadline.
Confirmation and Further Instructions
After submitting your application, you will receive a confirmation and further instructions regarding the settlement process. It’s essential to stay informed about any updates and provide additional information if required.
IMPORTANT:
- Extra $312 For SSI Payment 2024
- 23% Increase in Retiree Paychecks
- 528/Month Stimulus Payment in 2024
Legal Background
Consumer Protection Laws
The lawsuit likely relied on consumer protection laws and advertising regulations, such as the Federal Trade Commission Act, which prohibits deceptive or misleading advertising. The plaintiffs argued that Verizon’s omission of crucial information about additional fees constituted deceptive practices, influencing consumers’ purchasing decisions.
FAQs
Q: Who is eligible for the Verizon Class Action Settlement?
A: Current or former Verizon customers residing in the United States who had a postpaid wireless or data plan between January 1, 2016, and November 8, 2023, are eligible for the settlement.
Q: How much can I expect to receive from the settlement?
A: The settlement offers a base payment of $15 for every valid claim, with an additional $1 for each month a customer was charged the disputed administrative fee, up to a maximum of $85. The total payout can vary, with a potential maximum of $100.
Q: When will the settlement payments be distributed?
A: Exact payment dates have not been disclosed yet, but updates will be provided as they become available.
Q: How do I file a claim for the Verizon Class Action Settlement?
A: You must submit a claim form by visiting the official Verizon Administrative Charge Settlement website, downloading the application form, filling it out, attaching the required documents, and submitting it before the specified deadline.