Verizon has reached a settlement in a class-action lawsuit, acknowledging alleged non-disclosure of administrative fees to customers. While the company denies any wrongdoing, it has agreed to a $100 million payout to eligible customers. If you qualify for a portion of the settlement, here’s how you can claim your share:
- Notification from Verizon:
- Eligible customers will receive either an email or a mailed letter from Verizon containing instructions on how to apply for a payout. This communication should include a Notice ID and Confirmation code necessary for the claim process.
- The notification will provide details on the settlement, the claims process, and the deadline for submission.
- Claim Submission:
- To submit a claim, use the Notice ID and Confirmation code provided in the email or letter from Verizon.
- Visit Verizon’s official website to access the claims submission platform.
- Follow the outlined steps to complete the claims process before the deadline, which is April 15, 2024.
- Opt-Out Option:
- Customers have the option to opt out of the settlement and pursue individual legal action against Verizon. This requires sending a written letter to the Verizon Administrative Charge Settlement Administrator at the specified address: P.O. Box 58220, Philadelphia, PA 1910.
- The opt-out letter must be postmarked before Feb. 20, 2024.
- Consequences of Non-Participation:
- Customers who choose not to opt out or fail to apply for the payout will forfeit their right to sue Verizon independently, and they will also lose their eligibility for settlement funds.
- Expected Payments:
- Verizon anticipates a minimum payment of $15 for each eligible customer.
- The actual payout could range up to $100 per person, depending on factors such as the duration of your Verizon subscription and the number of eligible customers filing claims.
- Payments will be issued via check or electronic payment.
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If you believe you are eligible for the settlement, closely monitor your email or physical mail for communication from Verizon. Ensure that you follow the provided instructions and submit your claim before the specified deadline to secure your share of the settlement funds.