The Verizon $100 Million Class Action Settlement is said to be made very soon and the Company dealing with the wireless services have been facing issues due to deceptive advertising prices. The prices for the services have been so higher than were shown in the advertisements. This has been a concern which has led to the filing of a lawsuit against the company. The Settlement is said to be made for the amount of $100 million and the exact date for the claim is yet to be announced. Only the ones who have filed the claim till April 2024 could claim the settlement amount of $100 million. Now for more details on this case, you must read the complete post till the end.
Verizon $100 Million Class Action Settlement
A New Jersey’s Company named Verizon has been providing the wireless network services to their customers and they tend to provide them at lower costs. They have been continuously advertising their services at a pretty lower cost than what is actually charged to the customers. Now these advertising practices turned out to be deceptive and this has led to filing of a lawsuit against the Company. The customers have been purchasing the services through the advertisements but when they actually purchased the services, the rates were high as were mentioned and the Company has stated that they will still charge the administrative fee in future. Now these practices led to the Verizon $100 Million Class Action Settlement for which the Settlement amount has been decided.
Though the Company is not taking them as guilty but still they will have to make the refund to the customers for the whooping amount of $100 million. The plaintiffs complained that the Company is charging the increased rates on the basis of the Internal Revenue Targets. Now the ones who have purchased the services from 1 January 2016 to 8 November 2023 will be given the Settlement amount. The settlement amount is expected to be given during the month of August 2024 but there has been no news as to which is the final date for the claim.
Each of the eligible individuals will be given the amount of $100 each and this amount can be even lower and will be dependent on the number of claims.
Verizon’s Class Action Lawsuit- Overview
| Post Title | Verizon $100 Million Class Action Settlement |
| Company Name | Verizon |
| City | New Jersey |
| Lawsuit Name | Verizon Class Action Lawsuit |
| Lawsuit Type | Class Action |
| Lawsuit Filed For | Deceptive advertising practices |
| Settlement amount | $100 million and up to $100 per person |
| Eligibility | 1 January 2016 to 8 November 2023 |
| How to claim payment | Completing the claim form by April 2024 |
| Payment date | Stated to be in August 2024 |
| Post type | Finance |
What Is The Verizon Class Action Lawsuit 2024?
- A lawsuit has been filed against the Company where the Company has been found guilty of the deceptive advertising practices.
- The Company has been providing the Wireless services to the customers and the lawsuit has been filed stating that the rates mentioned in the advertisements are lower than what has been actually charged to the customers.
- This led to defamation against the customers and a lawsuit was filed for which the settlement amount has been decided for the amount of $100 million in total.
- The plaintiffs have said that Verizon increases the amount of the administrative charges based on the Internal Revenue Targets.
- The Company has stated that they will still charge these fees in future and this will also increase but as part of the settlement, they will make the fees more transparent.
What Is Verizon’s Class Action Eligibility?
- To be able to get the settlement amount, you must be eligible for the same.
- You shall have purchased the postpaid services of Verizon.
- The services shall have been bought and used between 1 January 2016 to 8 November 2023 to get the claim.
- You have been charged a higher administrative fee.
- The claim must have been filed till 15 April 2024
- For any other plans also, the fees have been extra.
How To Get In Verizon’s Class Action Settlement?
- Under the Settlement of claim, the maximum amount in total is said to be $100 million.
- The customers will be paid up to $100 each and this may even decrease.
- The amount will be decreased on the basis of the number of claims and for how many months the customers have paid the charges.
What Is Verizon’s $100 Million Class Action Settlement Date?
The individuals were to make the claim form till 15 April 2024 in order to get the benefit of the settlement and the individuals who have completed the form will be eligible for the benefit.
The exact date for the claim settlement has not been mentioned till now but you can expect the same by August 2024.
How To File A Claim?
In order to file a claim, you will be given 2 methods: Electronic or through mail.
In case you are filing through electronic mode, you will have to have a notice ID number and the confirmation code.
If you are using regular mail, you have to print the claim form and then send it to the postal address.
FAQs On Verizon $100 Million Class Action Settlement
The lawsuit for Verizon is about the deceptive advertising practices.
The total amount is said to be $100 million and the payout per person is up to $100.
The ones who have purchased the postpaid services between 1 January 2016 and 8 November 2023 are eligible for the settlement claim provided they have paid the extra Administrative charges.
The settlement date is said to be in August 2024 but it is not confirmed yet.