A major legal settlement involving Verizon Wireless has reached its final phase, providing relief to customers impacted by administrative fees on postpaid wireless plans. The Superior Court of New Jersey approved the $100 million settlement in March 2024, but an appeal caused delays.
The appeal has already been settled, and qualifying claimants will start receiving payments on 6th January 2025, to cover the costs they spent during the specified time period.
Verizon Class Action Settlement 2025
Verizon Wireless was accused in the class action lawsuit of misleading consumers by charging administrative costs that were not clearly mentioned in its postpaid wireless plans. The victims claimed that because of the company’s pricing policies, clients were accidentally charged more and more over time.
Although Verizon refused any illegal activities and maintained that it had the right to adjust its charges, the company agreed to the settlement to settle the controversy. Impacted clients who submitted valid claims will receive the money, with payments based on the number of months they were billed.
Verizon Administrative Settlement Payment Overview
| Authority | Verizon Wireless |
| Program Name | Verizon Administrative Settlement Payment |
| Country | USA |
| Amount | $100 million |
| Payment Start Date | January 2025 |
| Last Date | Given Below |
| Mode | Electronic transfer or checks |
| Category | Government Aid |
| Official Website | https://www.verizonadministrativechargesettlement.com/ |
Verizon Administrative Settlement Payment Details
After the appeal was withdrawn in September 2024, the settlement administrator started making plans to distributed compensation again. Depending on how long they were determined administrative costs, eligible claimants who submitted their claims by the 15th April 2024, deadline are now eligible for receiving payouts.
The distribution process will prioritize covering legal expenses, administrative costs, with the remaining funds allocated to approved claimants. Although most payments are claimed to be between $15 and $50, clients may earn up to $100 depending on the amount of charges.
Eligibility Criteria for Verizon Administrative Settlement Payment
Customers who subscribed for postpaid wireless plans with Verizon cell phone in the US between 1st January 2016 to 8th November 2023, and who faced administrative or billing fees are covered by the settlement.
Individuals have to submit a claim form before the deadline in order to be eligible for compensation. Some groups are not eligible, such as customers who chose out before 20th February 2024, and judges and Verizon employees who participated in the settlement.
How Payments Are Distributed
The settlement provides several payment methods for claimants, including electronic options like PayPal, Venmo, and Zelle, as well as physical checks and virtual prepaid cards. Consumers who use electronic payment methods should expect fast processing, but those who choose paper checks might have to wait for a month after distributions start.
A minimum payment of $15 and an extra $1 for each month of fees paid during the class period are used to determine payments, which are based on the number of months administrative fees were paid.
Steps to Receive Compensation Payout
To avoid delays or missed payments, approved claimants should make sure the settlement administrator has their most recent contact information, including email addresses and mailing addresses. For updates, claimants can also keep an eye on the official settlement website.
Eligible clients are likely to get money in early January 2025, and payments will be made using the method indicated on the claim form. It may take longer to process checks sent by physical mail, so those who are waiting must have patience.
FAQs
When will the Verizon settlement payments start?
Verizon settlement payments will begin on January 6, 2025, for eligible claimants.
Who qualifies for the Verizon Wireless settlement payouts?
Customers with postpaid wireless plans between 1st January 2016 to 8 November 2023, who faced fees and submitted claims by April 15, 2024.
How will the Verizon settlement payments be distributed?
Verizon settlement payment will be distributed via electronic methods, physical checks, or virtual prepaid cards, based on the claimant’s preference.
