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Time is running out for eligible current and former Verizon customers to claim their share of the $100 million settlement in a case involving administrative charges.

Make sure to submit your claims before the filing window closes on Monday. The online payment request portal will close at 11:59 p.m. PT, according to the settlement administration website.

How to Claim Piece of Verizon's $100 Million Settlement?

According to Phone Arena, to qualify for the claim, individuals must be customers of Verizon in the United States and have paid the specified charges for postpaid wireless or data services between January 1, 2016 and November 8, 2023.

The amount of the settlement that eligible individuals will receive is anticipated to differ, starting at $15 and increasing by $1 for each month they were charged the administrative fee that led to the lawsuit, according to the settlement administrative website. The current limit for payments is set at $100 per account holder.

Verizon has agreed to distribute a maximum of $100 million as part of the settlement it reached in mid-November in the legal case.

The lawsuit alleges that the company engaged in deceptive advertising practices by failing to disclose the monthly administrative charge that it imposes on its post-paid wireless service customers.

It is claimed that the company falsely advertised its wireless services at lower monthly rates than what it actually charges customers. Verizon, however, did not admit any wrongdoing or liability as part of the settlement.

Verizon's Lawsuit

According to CNN, the focus is on Verizon's "administrative charge," which the plaintiffs claim was not clearly disclosed in their plan's advertised monthly price and was applied in a manner that they consider to be deceptive and unfair.

Verizon has refuted the allegations and stated in a previous statement that it provides clear identification and description of its wireless consumer admin charge multiple times during the sales transaction, as well as in its marketing, contracts, and billing.

A company representative stated that the charge is intended to assist the company in recuperating specific costs associated with regulatory compliance and network operations.

The settlement was the result of four separate lawsuits consolidated in a New Jersey court, coincidentally the same state where Verizon is based.

Fees that are commonly referred to as "junk fees" are not only disliked by consumers, but they have also drawn the attention and criticism of the Biden administration.

In October of last year, the Federal Trade Commission introduced a proposed rule aimed at prohibiting businesses from imposing undisclosed or deceptive fees. Additionally, the rule would mandate that companies display the complete prices upfront.

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