Verizon Customers Receive Low Settlement Payments After Class-Action Lawsuit - PRESS AI WORLD
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Verizon Customers Receive Low Settlement Payments After Class-Action Lawsuit

share-iconWednesday, January 08 comment-icon2 weeks ago 7 views
News sources:
cbsnewsCBSNEWS
Verizon Customers Receive Low Settlement Payments After Class-Action Lawsuit

Credited from: CBSNEWS

  • Verizon began distributing settlement payments from a **$100 million class-action lawsuit** related to administrative fee charges.
  • Eligible customers, who had until **April 15** to claim their share, were promised payouts between **$15 and $100**.
  • Many customers reported receiving **payments below the minimum amount** of $15, causing frustration on social media.
  • Payouts were calculated based on a formula of **$15 per account** plus **$1 for each month** of service but were capped at **$100**.
  • Verizon has not responded to inquiries regarding why some payouts were lower than expected despite the settlement terms.

For further details, visit the original article here.

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