Verizon Wireless Settlement: Updates & Payout Date

If you are a current or former Verizon post-paid wireless customer, you may be eligible to claim up to $100 from a class action settlement.

Verizon has agreed to pay $100,000,000 to settle a class action lawsuit over allegations that it charged unfair and inadequately disclosed monthly administrative fees.

Who is receiving a payout?

Here are the key points for eligibility:

• You must have been a Verizon post-paid wireless customer.
• In the United States
• You must have been charged an Administrative Charge and/or an Administrative and Telco Recovery Charge between January 1, 2016, and November 8, 2023.

If you received a notice about this settlement by email or mail, you are in the Settlement Class according to Verizon’s records and are eligible to file a claim for a payment from the settlement.

How much is the payout per person?

Class members can receive a payment of up to $100. The payment amount is calculated based on the length of time the member was a Verizon subscriber and the number of valid claims filed. Here’s how the payment is structured:

• Initial Allocation: Each claimant will receive a minimum of $15.00.
• Monthly Allocation: An additional $1.00 for each month of service, up to a maximum of $100.

For example, if you were a Verizon customer for 50 months, your payment would be $15 + (50 x $1) = $65. However, if the total claims exceed the settlement fund, payments will be reduced on a pro-rata basis.

Filing a claim

The claim filing deadlined was on April 15, 2024. Claims can no longer be filed.

Putout methods

• PayPal
• Venmo
• Zelle
• Virtual Prepaid Card
• Physical Check

$100 million settlement fund breakdown

• Payments to class members.
• Costs of distributing notice and settlement checks.
• Court-awarded attorneys’ fees and expenses (capped at $33.3 million)
• Service awards to Plaintiffs.

Verizon Class Action Lawsuit payout date

The court held the Fairness Hearing on March 22, 2024, and approved the settlement. However, a few people have

If approved, payments will be distributed to eligible claimants.

Settlement payments will be issued after the settlement is approved and becomes final.

Why is there a class action settlement?

The lawsuit alleges that Verizon charged unfair and inadequately disclosed monthly administrative charges. Verizon denies any wrongdoing but has agreed to settle to avoid further litigation.