You might be eligible for a Verizon $100 settlement payment if you’ve been a Verizon customer in recent years. Recently, Verizon Wireless agreed to settle a class-action lawsuit by setting aside $100 million. The reason? Allegations that the company’s service plans had hidden administrative charges, making them appear less costly than they truly were.
Hence, the customers who were with Verizon for traditional, postpaid wireless plans over the past seven years might be eligible. This includes both current and former subscribers. The core of the issue is a charge that Verizon applied to its service plans but didn’t explicitly state in its advertised prices. This led to claims that the pricing was misleading.
In response to these allegations, Verizon maintains that they have been transparent about their administrative charge. They argue that this charge helps them manage certain costs related to regulatory compliance and maintaining their network.
Who’s eligible for Verizon $100 settlement payment?
To be eligible for Verizon $100 settlement payment, you must have been a U.S. customer who purchased a postpaid wireless or data service from Verizon between January 1, 2016, and November 8, 2023. Notably, the settlement excludes individuals who chose Verizon’s prepaid plans. As of September 2023, Verizon indicated that around 93 million customers fit this criterion. If you’ve received any communication—be it via email or standard mail—about this settlement, chances are you qualify and should consider participating.
Verizon has committed to depositing $100 million into a dedicated settlement fund. If approved, eligible customers can expect up to $100 each. However, the exact amount depends on factors like the duration of your subscription with Verizon and the total number of claims made.
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How to Claim Your Verizon $100 Settlement Payment
1. Visit the official settlement website.
2. Fill out the online claim form.
3. Alternatively, you can download a form, complete it, and mail it to the provided address:
Verizon Administrative Charge Settlement
C/o Settlement Administrator
1650 Arch St., Suite 2210
Philadelphia, PA 19103
Note: Make sure to submit your claim by April 15, 2024, to receive Verizon settlement payment.
When Will the Verizon $100 settlement payments Roll Out?
Following the scheduled hearing on March 22, 2024, and upon approval of the Verizon $100 settlement, payment processing will commence. Eligible participants can anticipate receiving their share of the settlement—either through a mailed check or an electronic transfer.
In short, if you held a Verizon subscription between the outlined dates, it’s advisable to verify your eligibility and ensure you claim your deserved portion from this settlement.
Frequently Asked Questions (FAQs) About the Verizon $100 Settlement Payment
1. What exactly was the Verizon lawsuit about?
The lawsuit alleged that Verizon Wireless was not transparent about its administrative charges for postpaid wireless or data services, leading to misleading pricing for customers.
2. How did Verizon defend its position?
Verizon asserted that they were transparent regarding their administrative charge. They clarified that this fee was essential for covering specific regulatory and network-related costs.
3. Who is considered a postpaid customer?
A postpaid customer is someone who pays for their wireless or data service after they’ve already used it, typically at the end of a monthly billing cycle.
4. I’ve been a Verizon customer for years but haven’t received any communication about the settlement. What should I do?
If you believe you qualify for the settlement but haven’t received any notice, you can still visit the official settlement website to check your eligibility and file a claim if applicable.
5. How will the Verizon $100 settlement amount be determined for each customer?
The exact payout for each customer will depend on the duration of their subscription with Verizon and the total number of valid claims received. However, each eligible claimant could receive up to $100.
6. I’ve already switched from Verizon to another provider. Can I still claim the settlement?
Yes, former customers who meet the eligibility criteria can still file a claim, even if they’ve switched to another service provider.
7. What happens if I miss the April 15, 2024 deadline for Verizon $100 settlement payment?
If you miss the deadline, you might forfeit your right to any portion of the settlement funds. It’s essential to submit your claim before the specified date to ensure you’re included in the distribution.
8. How will I receive my Verizon $100 settlement payment?
Once the settlement is finalized and approved, eligible customers will receive their payments either via a mailed check or through electronic transfer, depending on the preference and information provided during the claim submission.
9. Will filing a claim affect my current or past relationship with Verizon?
Filing a claim and participating in the Verizon $100 settlement should not impact your relationship with Verizon, whether you’re a current or former customer. The settlement is a resolution to a past concern and does not reflect on ongoing or future services.
10. Can I consult with someone regarding my claim or the settlement process?
Certainly, if you have questions or concerns about the settlement, its terms, or the claim process, it’s advisable to reach out to the settlement administrator or consult legal counsel for guidance.