Verizon begins distributing $100M settlement to 5.2M customers, with payouts ranging from $5.33 to $100.

Verizon customers are receiving payouts from a $100 million settlement over undisclosed administrative fees. Payments began on January 6, 2025, to 5.2 million eligible customers, who could receive between $15 and $100. However, some have reported receiving amounts significantly lower than expected, with some getting as little as $5.33. The payment formula includes $15 per account plus $1 for each month an administrative fee was charged. Verizon has yet to respond to inquiries about the discrepancies.

3 months ago
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