And certainly not for any small amount. $64 Million to be exact.
The class action suit was brought down on the Mobile phone giant over allegations of over-billing on its Family Plan.
If you were a Verizon customer between the years 2001 and 2006 and on its Family Plan as a SharePlan member, you may be eligible for a portion of the settlement.
The settlement is delivered through a series of cash payments, phone bill credits and a special pPIN number for members to use for domestic or international calls.
Verizon is not the only mobile phone company to the target of class action suits. AT&T agreed to pay $105 million over claims it over charged customer bills with bogus text charges.
For more details on the Verizon settlement, click here.
The settlement calls for the company to pay $37.5 million to a fund that will be used to distribute cash and/or phone bill credits to qualified groups.
Also the company will need to supply members of the in-network members with special PIN numbers that will be used for both domestic and international calls. The value for this part of the settlement is set at $27.5 million dollars.
Connecting you with class action suit settlements is a part of the LostMoney.com free consumer reporting system. With billions of dollars available in class action suits, which can be claimed by millions of consumers across the country, there is a good chance you or someone in your family has a claim available to them today.
Filing a claim to recover lost money from a class action suit is fairly easy sometimes compared to making a claim for unclaimed property at your local state UCP office, so get your free family profile set up today at LostMoney.com