In 2024, Verizon agreed to a $100 million class-action settlement to resolve allegations of undisclosed administrative fees charged to its customers. This settlement aimed to compensate affected individuals and improve transparency in billing practices. If you were a Verizon postpaid customer between January 1, 2016, and November 8, 2023, and were charged administrative fees, you might be eligible for compensation.SOSCIP+13intruder-news.com+13The Octant+13SDMGI+1nyxprep.com+1The US Sun+9SUPVA ROHTAK+9SOSCIP+9
Settlement Timeline
- Settlement Approval: March 2024
- Claim Submission Deadline: April 15, 2024
- Payment Distribution Start Date: January 6, 2025
- Final Payout Completion: Expected by early June 2025Time+8SUPVA ROHTAK+8The Octant+8PEC Recruitment+1nyxprep.com+1
Eligibility Criteria
To qualify for the settlement payout, you must meet the following conditions:
- Customer Status: Be a Verizon postpaid wireless or data plan customer.
- Billing Period: Have been charged administrative or telco recovery fees between January 1, 2016, and November 8, 2023.
- Claim Submission: Submit a valid claim by the deadline of April 15, 2024.nyxprep.com+4The West Alabama Watchman+4The Octant+4The West Alabama Watchman+3The Octant+3NCBLPC.ORG+3SUPVA ROHTAK+2SOSCIP+2SDMGI+2
Please note that prepaid and business accounts were excluded from this settlement.nyxprep.com+13The Octant+13NCBLPC.ORG+13
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Breakdown
Eligible claimants will receive compensation based on the following structure:
- Base Payment: $15 flat rate per valid claim.
- Monthly Bonus: $1 for each month administrative fees were charged, up to a maximum of $85.
- Maximum Payout: $100 per claimant.SOSCIP+6The Octant+6SDMGI+6SOSCIP+4SDMGI+4The Octant+4The Octant+2The US Sun+2The West Alabama Watchman+2
If the total number of claims exceeds the $100 million settlement fund, payouts may be adjusted on a pro-rata basis.The US Sun+7The Octant+7The West Alabama Watchman+7
Payment Distribution Methods
Payments are being distributed through various methods:
- Electronic Transfers: PayPal, Venmo, Zelle, or digital prepaid cards.
- Physical Checks: Mailed to the address provided during the claim process.PEC Recruitment+3intruder-news.com+3nyxprep.com+3The US Sun+8SDMGI+8The Octant+8
Claimants who selected their preferred payment method during the claim process will receive their compensation accordingly.The West Alabama Watchman+2nyxprep.com+2SUPVA ROHTAK+2
Important Notes
- Unclaimed Payments: If payments are uncashed or undeliverable, they will be treated as unclaimed property under state laws. Affected individuals can search for unclaimed funds through state databases like MissingMoney.com.
- Appeals: The settlement faced delays due to appeals, but the process is now moving forward with payments being distributed.The West Alabama Watchman+3The Octant+3SDMGI+3The Octant+4nyxprep.com+4SDMGI+4
Final Thoughts
The Verizon settlement provides an opportunity for affected customers to receive compensation for undisclosed administrative fees. While the payout amounts may vary, it’s essential for eligible individuals to ensure their contact information is up-to-date to receive their payments promptly. If you haven’t received your payment yet, keep an eye on your chosen payment method and email for updates