{"id":1284,"date":"2024-12-29T15:27:56","date_gmt":"2024-12-29T15:27:56","guid":{"rendered":"https:\/\/www.soscip.org\/us\/?p=1284"},"modified":"2024-12-29T15:28:01","modified_gmt":"2024-12-29T15:28:01","slug":"verizon-class-action-settlement-claim-2024","status":"publish","type":"post","link":"https:\/\/www.soscip.org\/us\/verizon-class-action-settlement-claim-2024\/","title":{"rendered":"Verizon Class Action Settlement Claim 2024: What to Know About Payouts and Payment Status"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>In 2024, Verizon Wireless agreed to a $100 million settlement<\/strong> to resolve a class-action lawsuit that accused the company of deceptive advertising. The lawsuit alleged Verizon failed to disclose hidden administrative fees, misleading customers about the true cost of its plans. As part of the settlement, millions of eligible customers are set to receive compensation. Here\u2019s everything you need to know about the settlement payout, payment timeline, and eligibility.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<div class=\"wp-block-rank-math-toc-block\" id=\"rank-math-toc\"><h2>Table of Contents<\/h2><nav><ul><li><a href=\"#allegations-against-verizon\">Allegations Against Verizon<\/a><\/li><li><a href=\"#settlement-payout-breakdown\">Settlement Payout Breakdown<\/a><\/li><li><a href=\"#eligibility-criteria\">Eligibility Criteria<\/a><\/li><li><a href=\"#payment-status-and-timeline\">Payment Status and Timeline<\/a><\/li><li><a href=\"#claim-process-now-closed\">Claim Process (Now Closed)<\/a><\/li><li><a href=\"#key-takeaways\">Key Takeaways<\/a><\/li><\/ul><\/nav><\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"allegations-against-verizon\"><strong>Allegations Against Verizon<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The lawsuit argued that Verizon violated consumer protection laws, including the Federal Trade Commission Act, by not disclosing certain fees in its advertised prices. These <a href=\"https:\/\/www.soscip.org\/us\/verizon-100m-administrative-fees-settlement\/\" data-type=\"post\" data-id=\"393\">administrative<\/a> charges inflated the actual cost of wireless plans, misleading customers into thinking they were getting a better deal than they were.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"settlement-payout-breakdown\"><strong>Settlement Payout Breakdown<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Verizon\u2019s settlement includes a structured <a href=\"https:\/\/www.soscip.org\/us\/verizon-customers-eligible-for-100-payout\/\" data-type=\"post\" data-id=\"469\">payout plan<\/a> for affected customers:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Base Payment<\/strong>: Each valid claim will receive a flat payment of $15.<\/li>\n\n\n\n<li><strong>Monthly Service Bonus<\/strong>: Customers will receive an additional <strong>$1 for each month they were charged the disputed fees<\/strong>, up to a maximum of $85.<\/li>\n\n\n\n<li><strong>Maximum Payout<\/strong>: The total compensation is capped at <strong>$100 per claimant<\/strong>, depending on the length of time customers were charged these fees and the number of valid claims submitted.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"eligibility-criteria\"><strong>Eligibility Criteria<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">To qualify for compensation, claimants must meet the following requirements:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Verizon Postpaid Plan<\/strong>: Customers must have had a Verizon postpaid wireless or data plan between <strong>January 1, 2016, and November 8, 2023<\/strong>.<\/li>\n\n\n\n<li><strong>Administrative Fee Charges<\/strong>: Claimants must have been charged the disputed administrative or telecom recovery fees during this period.<\/li>\n<\/ol>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"payment-status-and-timeline\"><strong>Payment Status and Timeline<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The settlement distribution process began after the agreement became effective on <strong>September 20, 2024<\/strong>.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Payment Method<\/strong>: Compensation will be distributed via <strong>checks or electronic transfers<\/strong> to eligible claimants.<\/li>\n\n\n\n<li><strong>Estimated Payment Date<\/strong>: Payments are expected to start in <strong>early January 2025<\/strong>.<\/li>\n\n\n\n<li><strong>Unclaimed Funds<\/strong>: Settlement checks that remain uncashed or undeliverable will be treated as unclaimed property and managed according to state regulations.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"has-text-align-left wp-block-paragraph\"><a href=\"https:\/\/www.soscip.org\/us\/dont-miss-out-on-your-cash-app-settlement\/\" data-type=\"post\" data-id=\"180\">Don\u2019t Miss Out on Your Cash App Settlement: How to Claim Your Share of $15M Today!<\/a><\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\"><a href=\"https:\/\/www.soscip.org\/us\/16-million-capital-one-settlement\/\" data-type=\"post\" data-id=\"215\">$16 Million Capital One Settlement: Are You Eligible for a Payment or Credit?<\/a><\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\"><a href=\"https:\/\/www.soscip.org\/us\/equifax-data-breach-settlement\/\" data-type=\"post\" data-id=\"23\">Equifax Data Breach Settlement: Amount, Deadlines and Compensation<\/a><\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\"><a href=\"https:\/\/www.soscip.org\/us\/284m-university-financial-aid-class-action-settlement-what-students-need-to-know\/\" data-type=\"post\" data-id=\"847\">$284M University Financial Aid Class Action Settlement: What Students Need to Know<\/a><\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\"><a href=\"https:\/\/www.soscip.org\/us\/5-5-billion-visa-and-mastercard-settlement\/\" data-type=\"post\" data-id=\"173\">$5.5 Billion Visa and Mastercard Settlement: How Merchants Can Claim Their Share<\/a><\/p>\n<\/blockquote>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"claim-process-now-closed\"><strong>Claim Process (Now Closed)<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The claim submission deadline has passed. Eligible customers had to follow these steps to submit a claim:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Access the official settlement website to confirm eligibility and download the claim form.<\/li>\n\n\n\n<li>Provide personal details, Verizon account information, and supporting documents (e.g., billing statements).<\/li>\n\n\n\n<li>Submit the completed form online or by mail before the claim deadline.<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">Customers who successfully submitted their claims were notified and will receive updates regarding payment distribution.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"key-takeaways\"><strong>Key Takeaways<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The <a href=\"https:\/\/www.soscip.org\/us\/verizon-class-action-settlement-2024\/\" data-type=\"post\" data-id=\"188\">Verizon Class Action Settlement<\/a> offers eligible claimants up to <strong>$100 in compensation<\/strong> for undisclosed administrative fees.<\/li>\n\n\n\n<li>Payments are scheduled to begin <strong>in early 2025<\/strong>, with distributions via check or electronic transfer.<\/li>\n\n\n\n<li>While the claim process is now closed, this settlement highlights the importance of transparency in advertising and fair treatment of consumers.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Stay tuned for updates, and if you were affected, monitor your email or mail for payment notifications. For further information, visit the official <a href=\"https:\/\/www.soscip.org\/us\/verizon-class-action-settlement-claim-2024\/\" data-type=\"link\" data-id=\"https:\/\/www.soscip.org\/us\/verizon-class-action-settlement-claim-2024\/\">Verizon settlement<\/a> website or consult your legal representative.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In 2024, Verizon Wireless agreed to a $100 million settlement to resolve a class-action lawsuit that accused the company of deceptive advertising. The lawsuit alleged Verizon failed to disclose hidden administrative fees, misleading customers about the true cost of its plans. As part of the settlement, millions of eligible customers are set to receive compensation.&nbsp;<a class=\"read-more\" href=\"https:\/\/www.soscip.org\/us\/verizon-class-action-settlement-claim-2024\/\">Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":1292,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-1284","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"_links":{"self":[{"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/posts\/1284","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/comments?post=1284"}],"version-history":[{"count":9,"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/posts\/1284\/revisions"}],"predecessor-version":[{"id":1806,"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/posts\/1284\/revisions\/1806"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/media\/1292"}],"wp:attachment":[{"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/media?parent=1284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/categories?post=1284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/tags?post=1284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}