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Kiplinger
Kiplinger
Business
Alexandra Svokos

The Verizon Administrative Settlement Payment is a Reminder Class-Action Lawsuits Won't Make You Rich

Verizon store.

This week, people started receiving payouts from a Verizon administrative fee settlement. This was the result of a $100 million class-action settlement over a monthly administrative charge.

When information about the settlement first came out last year, we heard eligible customers would receive at least $15 and up to $100 from it, depending on how long you were a Verizon customer and how many people joined the settlement. And as the payouts started rolling in this week, it became clear that $100 check was more of a pipe-dream.

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