In a move that will have legal eagles cooing with delight, Verizon, that amiable telecommunications behemoth, has agreed to a hefty settlement payment of $100 million.
This generous gesture stems from a class action lawsuit filed by a disgruntled flock of Verizon customers, who had been fleeced through undisclosed administrative fees.
The lawsuit, which had been simmering for quite some time, reached a boiling point in 2025, when a federal judge gave it the green light.
Like a benevolent shepherd, Verizon has now stepped forward to offer compensation to its wayward sheep.
Verizon, admittedly with a hint of sheepishness, has acknowledged its faux pas.
The undisclosed administrative fees were indeed a "mistake," they confessed, an error that led to an avalanche of unhappy customers.
But fear not, valiant customers, for Verizon has vowed to right this wrong.
The settlement agreement calls for each affected customer to receive a minimum payment of $15.
And wait, there's more! For every month of service during which these vexing fees were levied, customers will get an additional dollar.
So, if you've been a Verizon customer for, say, a decade, you could potentially receive a payout of $120.
Not bad, right?
To claim your rightful share of the Verizon pie, you'll need to visit the settlement website.
Once there, you'll be asked to provide some basic information, such as your name, address, and account number.
The deadline for filing a claim is January 2026, so don't dawdle.
This settlement serves as a valuable reminder that even the most trusted of companies can make mistakes.
But it also shows that they're willing to make amends when they do.
So, let this be a lesson to us all: always read the fine print, and don't be afraid to speak up if you feel you've been wronged.
After all, as the saying goes, the squeaky wheel gets the oil. Or, in this case, the disgruntled customer gets the settlement payment.