Here’s the latest update on the Verizon Class Action Lawsuit 2024, including information on settlement payment dates, amounts, and forms. Verizon customers have a limited time to apply for a share of a proposed $100 million class-action settlement. This lawsuit addresses claims that Verizon engaged in deceptive advertising practices concerning their wireless service plans. The central issue was that Verizon’s advertised monthly plan prices did not include mandatory administrative charges. Plaintiffs contended that by omitting these fees from the advertised rates, Verizon misled customers about the true affordability of its plans. To learn more about the Verizon Class Action Lawsuit 2024 settlement, including payment details, required forms, and other relevant information, continue reading this article.
Verizon Class Action Lawsuit 2024
The lawsuit against Verizon centered on claims that the company misled customers about their monthly wireless service charges. The plaintiffs contended that Verizon failed to clearly disclose certain fees, including executive charges, which inflated the actual cost of their plans beyond the advertised prices. This practice was alleged to constitute misleading advertising.
The Verizon Class Action Lawsuit affected customers who were allegedly misled by the discrepancy between the advertised prices and the actual total costs. This situation might have led them to select plans that were more costly than they initially believed. The lawsuit sought to resolve this issue, resulting in a $100 million settlement for eligible customers.
Verizon Class Action Lawsuit Settlement Payment Date
In the Verizon Class Action Lawsuit, eligible individuals may receive up to $00 in compensation. The amount awarded to each claimant will depend on the duration of their customer relationship with Verizon. It is important to note that Verizon has denied any wrongdoing, including concerning the payment.
In November 2023, Verizon reached a settlement agreement in a class action lawsuit with the plaintiffs. This settlement created a $100 million fund to compensate eligible customers who were charged the contested fees from January 1, 2016, through November 8, 2023.
Settlement Amount
The Verizon Class Action Settlement had a potential payout capped at $100 per eligible customer. The actual amount received by each customer was determined by two main components:
- Base Payment: Each customer who submitted a valid claim received a flat payment of $15.
- Monthly Service Bonus: An additional $1 was given for each month a customer was charged the disputed administrative fee. This bonus was capped at a maximum of $85.
The total settlement fund of $100 million was distributed among all approved claims. Consequently, if a large number of customers participated, the individual share might be smaller. The longer a customer was charged administrative fees, the higher their monthly service bonus could be, up to the $85 limit.
Verizon Class Action Lawsuit Form
To file the Verizon Class Action Lawsuit Settlement form, recipients must meet specific eligibility criteria. You must be a current or former Verizon customer residing in the United States, with a postpaid wireless or data plan during the designated period.
- If you meet these requirements, you can complete the form by following these steps:
- Visit the official Verizon Administrative Charge Settlement website.
- Locate and download the application form.
- Provide all necessary information, including your name, contact details, and other relevant details.
- After completing the form, attach the required documents and submit the application either by mail or online before the deadline.
You will receive a confirmation and additional instructions regarding the settlement process within a few days after submitting your application.
Stay informed about the progress of the settlement and be prepared to provide any additional information or attend a hearing if required.
All We Know
The Verizon Class Action Lawsuit was filed in New Jersey and alleged that Verizon’s wireless service plans charged customers higher monthly rates than what was advertised. The lawsuit likely focused on consumer protection laws and advertising regulations. Deceptive or misleading advertising is prohibited by law, including the Federal Trade Commission Act. The claim might have centered on material omissions, arguing that even if Verizon did not explicitly lie, failing to provide important information could be deemed deceptive if it influenced consumers’ decisions.