Verizon customers will receive a major update on the class action lawsuit 2024 settlement. The settlement, which is valued at $100 million, resolves allegations of misleading advertising practices in relation to Verizon’s wireless plans.
The main issue in the case is the addition of administrative costs in the monthly plans that were not included in the rates advertised. This article will provide date of settlement payments, the amount and the method of claiming your portion.
Table of Contents
Verizon Class Action Lawsuit 2024
Allegations
The lawsuit filed against Verizon was based on allegations that the company misled its customers regarding their wireless costs. The plaintiffs argued that Verizon did not clearly reveal other fees, including administrative costs, thus inflating the true price that their plan would cost.
The lack of transparency contributed to a misguided perception of affordability, which enticed customers to sign up for plans that turned out to be more expensive than the advertised price.
Impact on Customers
People who fell for the practices and paid more than they expected to are the main customers who will benefit from this settlement. The lawsuit was filed to correct the issue, and resulted in an amount of $100 million to be divided among customers who are eligible.
| 2340 Increase Social Security July 2024 |
| 4873 Highest Check For Pre 1962 Births July 2024 |
| New Bill Increasing Social Security Checks |
| Eitc Payment |
| Extra Tax Refund Money |
| 1255 Social Security Monthly Checks |
Settlement Payment Details
Payment Dates
The settlement came to an agreement in November 2023. The agreement stipulates the money to be disbursed to eligible customers who were charged the fee in dispute beginning on January 1, 2016 between November 8 and November 1, 2023.
The exact dates for payment haven’t been announced yet, however the latest information will be released as soon as they become available.
Settlement Amount
The Verizon Class Action Settlement provides possible payouts based on two parts:
- Basic Payment An all-inclusive $15 fee for every claim that is considered valid.
- Monthly Service Credit: An additional $1 for each month in which a client was billed the disputable administration fee, to a maximum amount of $85.
The amount of money paid to every customer is different up to a up to $100, based on the time frame of charges.
Eligibility Criteria
To be eligible to receive the settlement You must meet the following requirements:
- Are you a current or a previous Verizon customer who lives within the United States.
- Have you had a postpaid wireless or data plan within the period of time specified (January 1st, 2016 until November 8 2023).
Verizon Class Action Lawsuit Form
To file the Verizon Class Action Lawsuit Settlement form, you must meet specific eligibility criteria. You need to be a current or former Verizon customer residing in the United States, with a postpaid wireless or data plan during the specified timeframe.
If you meet these eligibility requirements, follow these steps to complete the form:
- Visit the leading web portal for the Verizon Administrative Charge Settlement.
- Locate and download the application form.
- Complete the form with essential information, including your name, contact details, and any other relevant details.
- Attach the necessary documents to the completed form.
- Submit the application via mail or online before the specified deadline.
After submitting the application, you will receive a confirmation and further instructions related to the settlement process within a few days.
It is important to stay informed about the progress of the settlement, and be prepared to provide any additional information or attend hearings if required.
How to Claim Your Settlement
Filing the Claim
To claim your portion from the payout, fill out an application form. The steps are as follows:
- Access the Settlement website Go to the official Verizon Administrative Charge Settlement website.
- Fill out the application form: Find and download the application form from the site.
- Fill in the Form: Complete the form with all the necessary information, including the name of your contact information as well as any relevant account details.
- Attach Documents Required: Attach any necessary documents to back up your claim.
- Submit the Application Form: Submit your completed application via mail or online by the deadline.
Confirmation and Further Instructions
Once you have submitted your application, you will receive confirmation along with additional instructions on the process of settlement.
It is essential to be up-to-date with any changes and to provide additional information when necessary.
Legal Background
Consumer Protection Laws
The suit likely relied upon consumer laws as well as advertising regulations, like the Federal Trade Commission Act, which bans deceptive or deceitful advertisements.
The plaintiffs claimed that Verizon’s failure to disclose crucial information on additional fees was misleading practices that affected consumers’ buying decisions.
The Verizon Class Action Lawsuit settlement provides substantial compensation to the affected customers, while addressing the false advertising practices that resulted in an increase in the cost of wireless service.
Customers who are eligible should follow the steps necessary to file claims and remain informed about the process of settlement.
Conclusion
The Verizon class action lawsuit settlement in 2024 offers an important opportunity for affected customers to receive compensation and address issues related to their services. By understanding the settlement amount, deposit dates, and claim process, you can ensure that you take the necessary steps to benefit from the resolution.
For the most accurate and up-to-date information, visit the official settlement website or contact the settlement administrator. Make sure to file your claim by the deadline and keep track of any communications regarding your payment. This settlement represents a significant step towards addressing customer concerns and providing relief for those who have been impacted.
FAQs
When Will Verizon Settlement Be Paid?
The exact dates for the payment have not been announced yet. Be sure to keep an eye on official announcements for the most up-to-date information.
How do i claim my verizon class action settlement?
Claimants will have to supply their Verizon account details in the claim. This includes the account number as well as their name. In the event that the claim gets accepted customers will be able to receive the funds either via cheque or through electronic payments. Verizon has sent out emails and postcards to those who qualify.