Personal Finance

Verizon $100 Million Settlement: Who Gets Paid and How to Claim

Millions of Verizon customers can now receive cash after a $100 million settlement. Eligible users must have had postpaid plans between 2016 and 2023 and submit valid claims by April 15, 2024.

Verizon $100 Million Settlement: Millions of Verizon Communications Inc. users have started getting cash payments after a $100 million class action settlement. The case accused the company of charging hidden fees and administrative costs for years without telling customers properly. The lawsuit became one of the biggest telecom settlements in the last ten years.

SSA Adds 13 New Conditions to Fast-Track Social Security Disability Benefits

The complaint said Verizon added “administrative charges” and “telecommunications recovery fees” to users’ bills that were not clearly mentioned in postpaid plan prices. The extra charges were small, just a few dollars a month, but they affected millions of accounts from January 2016 to November 2023. Verizon denied doing anything wrong, but agreed to the settlement “to avoid further legal costs” and, as the company said, “to put the matter to rest once and for all”.

How the Payments Work?

The US District Court ordered Verizon to create a $100 million fund to pay eligible customers. Each approved person gets a base amount of $15 plus $1 for every month they were charged the disputed fees. The total cannot go above $100 per user. Payments started in mid-2025 through Zelle, direct deposit, or checks sent by mail. The exact amount depends on how long the charges were applied they will see if the claim is valid and the administrative costs of the fund.

To receive money, customers needed to have a Verizon postpaid plan between 2016 and 2023 and file a valid claim before April 15, 2024. Anyone who missed the deadline or did not submit the claim form will not get any payment.

Social Security $5,108 October 2025: Who Qualifies and How to Receive?

Transparency

Even though individual payments are small, the case is important for all consumers. Groups that watch out for customers have warned about “junk fees” or hidden costs that hide the real price of services. This settlement sends a strong message for more honesty in billing and could lead to more rules in the industry.

The Federal Communications Commission (FCC) and the Federal Trade Commission (FTC) are now more interested in checking billing systems of major carriers. The Verizon settlement could be used as a guide for future lawsuits or policy changes.

Farheen Ashraf

Farheen Ashraf is a History graduate. She writes on a variety of topics, including business, entertainment, laws, poetry, stories, travel, and more. Her passion for writing has led her to explore a variety of genres.

Recent Posts

Global Pension Rankings 2025: Netherlands Tops, U.S. Falls Behind

The 2025 Mercer CFA Global Pension Index shows the Netherlands has the world’s strongest retirement…

1 hour ago

Federal Student Loan Changes 2025: New Borrowing Limits Affect Graduate Students

A new federal law ends unlimited Grad PLUS loans for graduate students. Borrowing caps of…

3 days ago

SSA Adds 13 New Conditions to Fast-Track Social Security Disability Benefits

The Social Security Administration added 13 new serious medical conditions to its Compassionate Allowances List.…

3 days ago

California Climate Credit 2025: Families Can Save Over $500 Automatically on Utility Bills

California’s Climate Credit gives households an automatic discount on utility bills. Most families in California…

4 days ago

Trump’s New Baby Stimulus: $1,000 At Birth Can Grow Up To $93,000 By Retirement

President Trump’s new law gives $1,000 to every baby born in the U.S. between 2025-2028.…

4 days ago

New York Summer EBT Funds Running Out: Spend Before October 17, 2025

Millions of families in New York must spend their Summer EBT benefits before October 17,…

5 days ago