By Casey Rivers 
If you’re a Verizon customer who paid administrative fees between January 1, 2016, and November 8, 2023, you might be eligible for a payout from a $100 million class-action settlement. This article will guide you through the details of the settlement, including the payout date, eligibility criteria, and how to check your claim status.
Understanding the Settlement
The class-action lawsuit, Esposito et al. v. Cellco Partnership, alleged that Verizon charged customers undisclosed administrative fees on postpaid wireless plans. While Verizon denied any wrongdoing, they agreed to a $100 million settlement to resolve the claims. The settlement aims to compensate eligible customers who were affected by these charges.
Eligibility Criteria
To be eligible for a payout, you must meet the following criteria:
Be a current or former Verizon customer with a postpaid wireless plan.
Have been charged administrative fees between January 1, 2016, and November 8, 2023.
Have submitted a valid claim form by the deadline.
The claim submission deadline was April 15, 2024. If you met these requirements and submitted your claim on time, you are eligible for a payout.
Payout Amount
The exact amount each eligible customer will receive depends on several factors:
Length of Service: The longer you were a Verizon customer and paid the administrative fees, the higher your payout.
Fees Paid: The total amount of administrative fees you paid during the eligible period affects your payout.
Number of Valid Claims: The total settlement fund is $100 million. The more valid claims submitted, the smaller the individual payouts.
Eligible customers can expect to receive between $15 and $100, depending on these factors
Payout Date
The settlement received final approval on April 26, 2024. However, some appeals were filed, delaying the distribution of funds. Once all appeals are resolved, payouts are expected to begin. As of now, the anticipated payout date is January 6, 2025. Eligible customers should keep an eye on updates regarding the settlement for any changes to this timeline.
How to Check Your Claim Status
If you submitted a claim and want to check its status, follow these steps:
Visit the official settlement website.
Log in using your claim ID and confirmation code, which you received when you submitted your claim.
Review the status of your claim and any updates regarding the payout.
If you have any questions or need assistance, contact the settlement administrator through the contact information provided on the website.
Payment Methods
When you submitted your claim, you had the option to choose your preferred payment method. The available methods include:
Check by Mail: A physical check will be mailed to the address you provided.
Electronic Payment: Funds will be transferred electronically to your bank account or digital payment platform.
Ensure that your contact information is up to date to avoid any delays in receiving your payment.
What If You Missed the Claim Deadline?
Unfortunately, if you did not submit a claim by the April 15, 2024 deadline, you are not eligible to receive a payout from this settlement. However, it’s essential to stay informed about future class-action lawsuits and settlements. Regularly check legal news sources and official settlement websites to ensure you don’t miss out on potential compensation opportunities
Conclusion
The Verizon settlement offers eligible customers a chance to receive compensation for undisclosed administrative fees charged between 2016 and 2023. By understanding the eligibility criteria, payout amounts, and how to check your claim status, you can stay informed and prepared for the upcoming payout date. Remember to keep your contact information current and monitor official updates to ensure a smooth payout process.
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