Verizon Class Action Settlement Payment 2024, Check the amount and payout date

There is a lawsuit on Verizon Wireless in 2024. The people filed a lawsuit against Verizon Wireless claiming that the company did not disclose the extra fees to the customers. The customers have been charged the admin fees which as a result increase the cost of the plan. People are dissatisfied with Verizon Wireless because their plan does not show the actual values in the advertisements and when they go to buy a plan, the value of the plan is higher. 

The people also claim that the Verizon Wireless shows that their plans are cheaper but actually, there are many hidden costs. The customers then have a misunderstanding of the cost of the plan and it costs them higher values. Thus, the customers are unsatisfied with Verizon Wireless due to their fake advertisements. 

The lawsuit has the factor of consumer protection and is also based on advertisement regulation as per the Federal Trade Comission Act. The Verizon Wireless fails in both the factors. Verizon Wireless fails in both factors neither the consumer is happy nor the advertisement is correct. 

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Verizon Class Action Settlement Details

Now, as per the settlement details, Verizon Wireless has agreed to give $100 million fund to eligible customers who suffer due the misleading advertisements. The customer who has paid the extra charges like the admin fee along with the plan fee will get the compensation now. Check the amount of Verizon Wireless settlement below. 

• Base Payment: Verizon Wireless will provide the amount of $15 to each eligible customer. 
• Monthly Service Bonus: Verizon Wireless will also provide the amount of $1 each month to the customer who meets the eligibility along with the $15. The $1 will given to the people who have paid administrative fees up to a maximum of $85.

The total amount of the Verizon Wireless Settlement is $100 and this will be distributed to all of the eligible customers as per the above criteria. 

Eligibility Criteria for Verizon Wireless Claim

The person who meets the eligibility for the Verizon Wireless claim only gets the compensation amount.

• He should be a Verizon customer
• He should have a postpaid wireless or data plan
• The time of data plan will be from 01 January 2016 to 08 November 2023.
• The customer must be charged with the administrative or telecom recovery fees.

The customer who has the above eligibility will get the claim now from Verizon Wireless. 

Verizon Class Action Settlement Payout Dates

All the things on the Verizon Wireless claim are completed now. There is just a wait for the implementation of the Verizon Wireless Settlement, once the claim process is started, the person will start receiving the claim amount from Verizon Wireless. The people can collect the claim through bank transfer or cheque. 

The person is advised to collect the money through the case immediately otherwise the money will be categorized as an unclaimed amount. Verizon Wireless will follow the rules and regulations for the unclaimed property law of the US. It is supposed that all of the customers will receive the claim amount from Verizon Wireless until January 2025. 

Official Website Link

• Click Here to go to the Verizon Wireless Website

If you missed: How to Make a Claim Under The Settlement?

The person is guided to apply for the Verizon Wireless claim within the given time. The steps to file the claim at Verizon Wireless are given below. 

1. The website link of Verizon Wireless is given above, open the Verizon Wireless website link.
2. Then, click on the claim form, before filing the details in the claim form, kindly read the eligibility details for the Verizon Wireless claim.
3. Then, fill out the Verizon Wireless claim form by mentioning the details like your name, plan name, date of starting the plan with Verizon Wireless, contact details, the amount paid for the plan, etc.
4. You can also attach the documents of billing statements or receipts with the Verizon Wireless claim form. 
5. The person can submit the Verizon Wireless form online on the website and the Verizon Wireless will also accept the claim form on the email ID. 
6. After the deadline, no form will be accepted at Verizon Wireless.
7. The Verizon Wireless will give the confirmation message to the customer that your claim form is submitted. 
8. The person must keep looking at Verizon Wireless for any latest updates about the settlement.