Qualifying Verizon customers are eligible to receive cash as part of a $100 million settlement.
Your name may appear on funds from this class action settlement if administrative fees were applied to your postpaid cellphone bill.
Verizon consented to the payment in order to address claims that it had deceived customers by collecting monthly administrative costs without providing sufficient notice.
The settlement has already been inked, and millions of customers may be eligible, despite the company’s insistence that nothing improper was done.
Who qualifies for the $100 million settlement and what you must accomplish?
The problem is that if you were a Verizon postpaid cellphone customer and paid administrative fees when you paid your bills during the settlement’s billing periods, you probably qualify for the $100 million settlement.
Filing a claim doesn’t need you to comb through documents or look for previous bills. All you need is your Verizon number. This makes the procedure quick, simple, and accessible to nearly everyone who is impacted.
What would you receive from the $100 million settlement?
The amount of the $100 million Verizon settlement is paid out based on how many claims are filed.
Depending on how long the consumer has been charged the administrative fee, each qualified customer might earn anywhere from $15 to $100.
Your possible payout will increase with the length of time the fee was charged to your account.
The approved claimants will share the whole settlement fund. Those who apply might receive a bigger share if fewer individuals do.
Moving swiftly was crucial since it’s a simple equation: more claims equals less money in each settlement.
$100 million settlement, and all you need to make a claim is your phone number
This settlement is unique in that you can make a claim without having to provide records or receipts.
Verizon’s case was simplified to reduce the bar for claims, in contrast to the majority of class action lawsuits, which require a great deal of evidence.
Simply enter your Verizon number and follow the steps on the claims page. That’s all. Whether you were tech-savvy or not, the process was quick and easy.
The sheer volume of claims that have already been submitted as a result of this convenience shows how widespread the issue was.
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Important details about the Verizon settlement process
There are a few things to keep in mind, even if this may seem straightforward. First off, no new claims are being accepted after the deadline for submissions has passed.
Second, you are legally declaring that what you enter is truthful by doing so under penalty of perjury.
There would be repercussions if it was made up or overstated. It’s a good settlement, but it shouldn’t be ignored.
Why customers should care about Verizon’s $100 million settlement?
The Verizon settlement of $100 million sends a strong message on the openness of billing.
Prior to learning about this issue, the majority of clients were completely unaware that they were being charged administrative fees.
Administrators would start reviewing claims and making payments after the claim deadline had passed.
Payments may be made in a few months, depending on how many claims are filed. You don’t need to do anything further if you provided your phone number prior to the deadline of May 15. Just wait for a check in the mail or an email in the upcoming months.
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Class action rulings like this one provide customers a chance to get their money back while holding companies responsible.
Additionally, it encourages customers to examine their phone bills more closely going forward and to voice their complaints without holding back if they find costs that don’t make sense.
You may learn more about this settlement and how to submit a claim by going to Top Class Actions.
