In 2024, Verizon faces a significant class action lawsuit over claims that it misled customers about the true cost of its wireless service plans. The allegations suggest that Verizon’s advertising did not disclose mandatory fees, such as administrative charges, creating a false impression of affordability.
This case has led to a substantial $100 million settlement, offering compensation to affected customers.
This article will delve into the details of the “Verizon Class Action Lawsuit 2024,” covering the settlement payment dates, amounts, eligibility criteria, and the process for filing claims.
What is the Verizon Class Action Lawsuit 2024?
The Verizon Class Action Lawsuit 2024 is a legal case in which Verizon customers allege that the company misled them about the true cost of their monthly wireless service plans.
According to the plaintiffs, Verizon’s advertising did not disclose mandatory fees, such as administrative charges, leading customers to believe that the plans were more affordable than they were.
This deceptive practice is at the heart of the lawsuit, which has resulted in a $100 million settlement to be distributed among eligible customers.
The settlement aims to compensate customers who were misled by these practices, offering a base payment and additional bonuses based on the duration they were subjected to the disputed fees. This case underscores the importance of transparency in advertising and the consequences of misleading consumers.
Settlement Payment Date
For those involved in the Verizon Class Action Lawsuit 2024, the settlement was reached in November 2023. The settlement established a $100 million fund to be distributed among eligible customers who were charged the disputed fees between January 1, 2016, and November 8, 2023.
While the exact date for settlement payments has not been fixed, it is expected to be distributed within a few months after the settlement approval.
Eligible customers should keep an eye on official communications and updates to stay informed about the exact payment dates. It is crucial to follow any instructions and meet all requirements to ensure timely receipt of the settlement funds.
Settlement Amount
Eligible Verizon customers could receive up to $100, depending on how long they were subjected to the disputed fees. The payment structure is as follows:
- Base Payment: All valid claims will receive a flat payment of $15.
- Monthly Service Bonus: An additional $1 for each month a customer was charged the administrative fee, up to a maximum of $85.
The total settlement fund of $100 million will be divided among all approved claims. If a large number of customers file claims, individual payments might be smaller. However, the longer a customer was charged these fees, the higher their potential payout.
Eligibility and Form Submission
To qualify for a settlement payment, you must be a current or former Verizon customer with a postpaid wireless or data plan between January 1, 2016, and November 8, 2023. Customers must also meet the following criteria:
- Billing Address: Must be in the United States.
- Service Type: Only postpaid wireless or data plans are eligible.
Steps to Submit the Form
- Visit the Settlement Website: Go to the Verizon Administrative Charge Settlement website.
- Download the Form: Find and download the application form.
- Complete the Form: Provide necessary information such as your name, contact details, and relevant account information.
- Attach Required Documents: Include any necessary documents as specified in the form.
- Submit the Application: Submit the completed form and documents either by mail or online before the specified deadline.
After submission, you will receive a confirmation and further instructions. It is crucial to stay informed about the settlement progress and respond to any additional requirements or attend hearings if necessary.
Background
The lawsuit originated in New Jersey and was based on claims that Verizon’s advertising practices led customers to believe they were paying less than they were.
The plaintiffs argued that these practices violated consumer protection laws and advertising regulations. The Federal Trade Commission Act, which prohibits deceptive advertising, was likely a critical element of the plaintiffs’ argument.
This lawsuit highlighted the issue of material omissions, where even if Verizon did not explicitly lie, failing to disclose crucial information about the true cost of the plans could be considered deceptive. The Verizon Class Action Lawsuit sheds light on the importance of transparency in advertising and the potential consequences of misleading consumers.
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Conclusion
The Verizon Class Action Lawsuit 2024 marks a significant moment for consumer rights, emphasizing the importance of transparency in advertising.
Eligible Verizon customers have the opportunity to receive compensation for the misleading practices they experienced. It is essential for those affected to stay informed, follow the necessary steps to submit claims, and ensure they receive their rightful settlement payments.