Stay informed on the latest updates regarding the Verizon Class Action Lawsuit 2024, including settlement payment dates, amounts, and the application process. Verizon customers are running out of time to apply for their share of the proposed $100 million class-action settlement. The lawsuit revolved around allegations of deceptive advertising practices related to Verizon’s wireless service plans.
The core issue was the inclusion of mandatory administrative charges in the monthly plan prices, which were not reflected in the advertised rates, leading plaintiffs to argue that Verizon created a misleading impression of affordability. Read on to learn more about the Verizon Class Action Lawsuit 2024 settlement payment, form, and other important details.
Verizon Class Action Lawsuit 2024
The lawsuit against Verizon arose from accusations that the company misled customers about their monthly wireless service costs.
Plaintiffs claimed that Verizon failed to clearly disclose certain fees, such as administrative charges, which ultimately inflated the advertised price of their plans. This practice was argued to be misleading advertising.
The Verizon Class Action Lawsuit affected customers who were allegedly misled by advertised prices that did not represent the total costs they would incur. This may have led them to choose plans that were more expensive than they initially realized.
The lawsuit sought to address this issue, resulting in a $100 million settlement for eligible customers.
Verizon Class Action Lawsuit Settlement Payment Date
Qualified individuals involved in the Verizon Class Action Lawsuit could receive up to $100 in compensation. The exact amount each customer would receive depended on the duration of their time as a Verizon customer. Verizon has denied any wrongdoing but agreed to the settlement.
In November 2023, the lawsuit reached a settlement agreement, establishing a $100 million fund to be distributed among eligible customers who were charged the disputed fees between January 1, 2016, and November 8, 2023.
Settlement Amount
The Verizon Class Action Settlement offered potential payouts capped at $100 per eligible customer, with the actual amount received determined by two factors:
- Base Payment: All customers who submitted a valid claim received a flat payment of $15.
- Monthly Service Bonus: Customers received an additional $1 for each month they were charged the disputed administrative fee, up to a maximum of $85.
The total settlement fund of $100 million was divided among all approved claims. The more customers who participated, the smaller the individual share. The longer a customer was charged administrative fees, the higher their potential monthly service bonus, capped at $85.
Verizon Class Action Lawsuit Form
To participate in the Verizon Class Action Lawsuit Settlement, recipients needed to meet specific eligibility criteria.
Eligible participants were current or former Verizon customers residing in the United States who had postpaid wireless or data plans during the designated period.
To file the settlement form, eligible individuals needed to follow these steps:
- Visit the official website of the Verizon Administrative Charge Settlement.
- Locate and download the application form.
- Complete the form with required information, such as name, contact details, and other relevant details.
- Attach any necessary documents and submit the application either online or by mail before the deadline.
- After submission, you would receive confirmation and further instructions regarding the settlement process.
It is essential to stay informed about the progress of the settlement and respond to any additional requirements or attend hearings if necessary.
Conclusion
The Verizon Class Action Lawsuit was initiated in New Jersey, claiming that Verizon’s U.S. customers were charged higher monthly rates than what was advertised in their monthly bills.
The lawsuit likely relied on consumer protection laws and advertising regulations, such as the Federal Trade Commission Act, which prohibits deceptive or misleading advertising. The case may have hinged on the concept of material omissions, where failing to provide crucial information could be considered deceptive if it influenced consumers’ decisions.
Q1. What was the main issue in the Verizon Class Action Lawsuit?
A. The lawsuit claimed that Verizon misled customers by not clearly disclosing mandatory administrative charges, leading to higher monthly costs than what was advertised.
Q2. How much could eligible Verizon customers receive from the settlement?
A. Eligible customers could receive up to $100, depending on how long they were charged the disputed administrative fees.
Q3. What were the two components of the settlement payment?
A. The settlement payment included a base payment of $15 for all valid claims and a monthly service bonus of $1 for each month a customer was charged the disputed fees, up to a maximum of $85.
Q4. Who was eligible to participate in the Verizon Class Action Lawsuit Settlement?
A. Eligibility was limited to current or former Verizon customers in the U.S. who had postpaid wireless or data plans during the specified period and were charged the disputed fees.
Q5. How could customers file a claim for the settlement?
A. Customers needed to visit the Verizon Administrative Charge Settlement website, complete the application form, attach required documents, and submit it online or by mail before the deadline.
