Some Verizon customers may be eligible to get a part from its $100 class-action lawsuit settlement but they need to act fast.
Eligible can apply for their claim by April 15 via the postcard or email alert to receive up to $100.
The settlement is a result of four lawsuits against Verizon accusing it of adding undisclosed "administrative charge" to customers' monthly bills "without [their] consent."
The telecom was charged with "deceptive and unfair manner" in its marketing, contracts, and sales.
The settlement was approved in December but still needs a "fairness hearing" this coming March 22.
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How to Claim Share from Verizon $100M Settlement?
Qualified customers can apply for their claim via the special website Verizon provided for the settlement.
Applicants are required to submit the Notice ID and Confirmation Code they received from email or postcards.
Claimants will also be asked to choose a method of payment where they can receive their shares.
Customers who paid bills for Verizon's post-paid wireless plans from January 1, 2016, to November 8, 2023, automatically becomes eligible for the claims.
Individual payments will depend on how long the customer have been using Verizon and the number of active claimants. The minimum share that can be received is $15.
Customers can also still opt-out of the "payment from the settlement and retain any right you may have to sue Verizon" until Feb. 20.
Of course, there is also the option of just do nothing and give up rights to sue Verizon.
Inquiries and complaints regarding the settlement can be sent to Verizon's Administrative Charge Settlement Administrator at Exclusions, P.O. Box 58220, Philadelphia, PA 19102.
Verizon Maintains Innocence on the Issue
The settlement money is part of Verizon's insistence that it "clearly identifies and describes" administrative charge to its customers "multiple times."
Verizon maintains that the settlement is to "recover certain regulatory compliance and network related costs."
The Federal Trade Commission has already filed a proposal last October to address the issue of hidden or misleading fees in paid subscription services.
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