Verizon administrative settlement payments are being made but they're nowhere near $100. Here's why

Verizon customers received disappointing payouts from a class action lawsuit settlement, with many receiving far less than the expected $100. The settlement, which totaled $100 million, was affected by the number of claims and legal fees, resulting in payments as low as $2.37. Eligible customers were those charged administrative fees from January 2016 to November 2023, with a claim filing deadline of April 15, 2024. Verizon denied wrongdoing but agreed to amend its Customer Agreement regarding fee disclosures.

Keywords: Verizon, class action lawsuit, settlement payouts

Source: The News-Press

Update At: 1/8/2025