Verizon won’t stop charging $3.30 “Telco Recovery” fee, may raise it again
Enlarge / A Verizon store in New York on July 3, 2023. (credit: Getty Images | Bloomberg)
Verizon Wireless customers may get up to $100 each as part of a $100 million settlement in a class-action lawsuit over Verizon's monthly "Administrative and Telco Recovery Charge."
But as is typical in class-action settlements, Verizon isn't admitting any wrongdoing. It also plans to keep charging the monthly fee and says it may raise it in the future.
Settlement notification emails with unique codes for submitting claims have been going out to eligible Verizon customers over the past week. The emails were still being distributed as of last night, so you might still be in line for a payout even if you haven't received one yet. Postcard notices are also being sent.