Verizon Settlement 2024: Verizon Settlement Payout Date, Eligibility & All you Must Know

Verizon Settlement – Verizon customers have big news regarding the recent class action lawsuit settlement. This $100 million settlement addresses claims that Verizon misled customers with deceptive advertising about its wireless service plans. The main issue was hidden administrative charges that weren’t included in the advertised rates. Here’s everything you need to know about the settlement, including how to claim your share.

What’s the Lawsuit About?

The Verizon Settlement centered on Verizon’s “administrative charge,” which customers claimed was misleading because it wasn’t included in the advertised monthly price. Customers argued that these fees were charged in a deceptive and unfair manner. Although Verizon denied these claims, stating it clearly disclosed the charge during the sales process, marketing, contracts, and billing, the case still proceeded. Verizon explained that this charge helps recover costs related to regulatory compliance and network maintenance.

The settlement was the result of four different lawsuits combined in a New Jersey court, where Verizon is headquartered. This issue of so-called “junk fees” isn’t new. Consumers have long criticized them, and the Biden administration has also taken a stand. Last October, the Federal Trade Commission proposed a rule to ban businesses from charging hidden or misleading fees and to require companies to show full prices upfront.

Verizon class action lawsuit settlement: Important Information

If you have or had a Verizon post-paid wireless plan, you may be eligible for a payment from a verizon class action settlement. This settlement was given final approval by the Court on April 26, 2024, which deemed the settlement fair and reasonable, despite some objections. However, a few objectors have filed appeals, delaying the distribution of payments until these appeals are resolved. Updates will be provided as more information becomes available.

Important Dates

  • February 20, 2024: Opt-Out Deadline
  • February 26, 2024: Objection Deadline
  • March 22, 2024: Fairness Hearing
  • April 15, 2024: Claim Deadline

Eligibility and Claims

To qualify for the settlement, customers must have had a Verizon postpaid wireless or data plan between January 1, 2016, and November 8, 2023. Additionally, they must have been billed the contested administrative or telecom recovery fees during this time.

If you received a settlement notice by email or mail, you are part of the Settlement Class and eligible to file a claim for payment. It is crucial to file a claim by April 15, 2024, to receive your payment.

Important Documents Regarding Verizon Settlement 2024

Your Legal Rights and Options

  1. File a Claim: Submit your claim by April 15, 2024, to receive a payment by filling the verizon settlement claim form 2024.
  2. Do Nothing: You will not receive any payment and will give up your right to sue Verizon over the issues in this lawsuit.
  3. Opt-Out: You can opt-out to retain the right to sue Verizon independently. To opt-out, send a signed request for exclusion by February 20, 2024.
  4. Object or Comment on the Settlement: If you wish to object or comment on the settlement, you must do so by February 26, 2024. Even if you object, you can still file a claim and receive a payment

How to Make a Claim Under the Verizon Settlement?

Unfortunately, the deadline to submit a claim has already passed. If you were eligible but missed the deadline, you won’t be able to receive any payment from this settlement. For those who managed to file in time, the process involved several steps:

  1. Visit the Settlement Website: Eligible customers needed to visit the official settlement website to verify their eligibility and access the claim form.
  2. Download or Request a Claim Form: The claim form was available for download from the website or could be requested from the settlement administrator.
  3. Fill Out the Form: Customers had to provide their name, contact details, and relevant account information.
  4. Attach Required Documentation: Supporting documents, such as billing statements or receipts verifying the charges, had to be included.
  5. Submit the Claim Form: The completed form could be sent via mail or submitted online through the settlement website before the specified deadline.

After submission, customers received confirmation and further instructions. It was important to stay informed about the progress of the settlement and any additional steps, such as providing more information or attending hearings if necessary.

Conclusion

The deadline for submitting claims has now passed. If you haven’t submitted a claim, you won’t receive any payment, even if you were eligible. Simply being eligible isn’t enough without submitting the necessary paperwork. Verizon will soon announce the payment distribution date and provide further details and instructions regarding the disbursement of funds in the upcoming weeks under the Verizon Settlement.

Stay tuned for updates from Verizon to ensure you don’t miss any important information about the settlement payouts. You can also visit the verizon settlement website for more information.

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