Verizon Class Action Settlements- A major judicial settlement involving Verizon Wireless has reached its conclusion, bringing relief to customers affected by administrative costs on postpaid wireless plans. The $100 million settlement was accepted by the Superior Court of New Jersey in March 2024, but an appeal delayed the process. The appeal has already been settled, and qualifying claimants will begin receiving compensation.
Verizon Class Action Settlements 2025
Verizon cellphone was accused in the class action complaint of misleading customers by incurring administrative fees that were not clearly stated in its postpaid cellphone plans. The victims alleged that due to the company’s pricing procedures, they were mistakenly charged more and more over time. Although Verizon denied any illegal activity and maintained the right to change its pricing, the corporation agreed to the deal to resolve the dispute.
Verizon Class Action Settlements 2025 Details
| Authority | Verizon Wireless |
| Program Name | Verizon Administrative Settlement Payment |
| Country | USA |
| Amount | $100 million |
| Payment Start Date | January 2025 |
| Last Date | Given Below |
| Mode | Electronic transfer or checks |
| Category | Government Aid |
| Official Website | https://www.verizonadministrativechargesettlement.com/ |
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Verizon Administrative Settlement Payment Details (2025)
After the appeal was withdrawn in September 2024, the settlement administrator began preparing to distribute compensation to eligible claimants. The distribution process will first cover administrative costs and legal expenses, with the remaining funds being allocated to approved claimants. Most payments will be between $15 and $50, but some may be as high as $100, depending on the administrative fees paid.
Eligibility Criteria
To qualify for the settlement, customers must meet the following conditions:
- Subscription Period: The claimant must have subscribed to Verizon’s postpaid wireless plans in the S. between January 1, 2016 and November 8, 2023.
- Billing Fees: Eligible customers must have incurred administrative or billing fees during this period.
- Claim Form Submission: Customers must submit a claim form before the April 15, 2024
- Exclusions: Customers who opted out before February 20, 2024, Verizon employees, and judges involved in the settlement are not eligible.
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How Payments Are Distributed
There are several payment options available for claimants:
- Electronic Payments: Claimants can choose from PayPal, Venmo, or Zelle for faster processing.
- Paper Checks: Payments by paper checks may take up to a month to be processed after distributions start.
The payments will be calculated based on the number of months you paid administrative fees, with a minimum payment of $15 and an additional $1 for each month of fees incurred.
Steps to Receive Compensation Payout
To ensure smooth payment processing, follow these steps:
- Update Contact Information: Make sure the settlement administrator has your most recent email and mailing address.
- Check for Updates: Keep checking the official settlement website for any updates regarding your payment.
- Payment Processing Timeline: Payments are expected to begin in early January 2025, with electronic payments being processed more quickly than paper checks.
Claimants who choose physical checks should expect longer processing times, so patience is needed during the distribution process.
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Final Words
In conclusion, the Verizon Administrative Settlement Payments will be distributed to eligible claimants starting in early January 2025. Payments will vary based on the length of time fees were paid, with amounts typically between $15 and $50. Claimants must ensure their contact information is up to date and submit their claim forms before the April 15, 2024 deadline. Electronic payment options offer faster processing compared to paper checks.
Verizon Class Action Settlements FAQ’S
Who is Eligible for Verizon Administrative Settlement Payment?
Customers who subscribed to Verizon postpaid wireless plans between January 1, 2016, and November 8, 2023, and paid administrative fees.
What is The Payment Amount for The Verizon Settlement?
Payments range from $15 to $100, depending on the number of months administrative fees were paid.
How can I Receive My Verizon Settlement Payment?
Payments can be received via PayPal, Venmo, Zelle, or paper checks.
When will The Payments be Distributed?
Payments are expected to be distributed starting in early January 2025.