The Verizon Class Action Lawsuit centers around allegations that Verizon misled its customers regarding the true cost of their monthly wireless service plans. The plaintiffs argued that Verizon’s advertising did not clearly disclose certain mandatory fees, such as administrative charges, creating a misleading impression of the plan’s affordability. This lawsuit has significant implications for customers who may have been misled by these practices, resulting in a $100 million settlement for eligible customers.
Settlement Payment Date
For those involved in the Verizon Class Action Lawsuit, the settlement was reached in November 2023. This agreement established a $100 million fund to be distributed among eligible customers who were charged the disputed fees between January 1, 2016, and November 8, 2023. The exact date for settlement payments has not been fixed, but it is expected to be distributed within a few months after the settlement approval.
Payment Amount
Eligible Verizon customers could receive up to $100 depending on the duration they were subjected to the disputed fees. The payment structure is as follows:
Base Payment: All valid claims will receive a flat payment of $15.
Monthly Service Bonus: An additional $1 for each month a customer was charged the administrative fee, up to a maximum of $85.
The total settlement fund of $100 million will be divided among all approved claims. If a large number of customers file claims, individual payments might be smaller. However, the longer a customer was charged these fees, the higher their potential payout.
| Payment Type | Amount |
|---|---|
| Base Payment | $15 |
| Monthly Service Bonus | $1/month |
| Maximum Payout | $100 |
Eligibility and Form Submission
To qualify for a settlement payment, you must be a current or former Verizon customer with a postpaid wireless or data plan between January 1, 2016, and November 8, 2023. Customers must also meet the following criteria:
- Billing Address: Must be in the United States.
- Service Type: Only postpaid wireless or data plans are eligible.
Steps to Submit the Form
- Visit the Settlement Website: Go to the Verizon Administrative Charge Settlement website.
- Download the Form: Find and download the application form.
- Complete the Form: Provide necessary information such as your name, contact details, and relevant account information.
- Attach Required Documents: Include any necessary documents as specified in the form.
- Submit the Application: Submit the completed form and documents either by mail or online before the specified deadline.
After submission, you will receive a confirmation and further instructions. It is crucial to stay informed about the settlement progress and respond to any additional requirements or attend hearings if necessary.
Background
The lawsuit originated in New Jersey and was based on claims that Verizon’s advertising practices led customers to believe they were paying less than they actually were. The plaintiffs argued that these practices violated consumer protection laws and advertising regulations. The Federal Trade Commission Act, which prohibits deceptive advertising, was likely a critical element of the plaintiffs’ argument.
The lawsuit highlighted the issue of material omissions, where even if Verizon did not explicitly lie, failing to disclose crucial information about the true cost of the plans could be considered deceptive.
The Verizon Class Action Lawsuit sheds light on the importance of transparency in advertising and the potential consequences of misleading consumers. As this case progresses, it serves as a reminder for companies to be clear and upfront about all costs associated with their products and services.
The settlement marks a significant win for consumers and sets a precedent for future cases involving deceptive advertising practices.
FAQs
Who is eligible for the Verizon settlement?
Current or former Verizon customers with postpaid plans from 2016 to 2023.
What is the base payment amount?
The base payment is $15 for all valid claims.
How is the monthly service bonus calculated?
An additional $1 per month for each month charged administrative fees, up to $85.
When will the settlement payments be made?
Payments are expected a few months after settlement approval.
How do I submit a claim form?
Visit the settlement website, download, fill out, and submit the form with necessary documents.
