Verizon Agrees to Pay $64.2M to Settle Family SharePlan Lawsuit

(Before It's News)

Verizon Wireless has agreed to pay $64.2 million to settle a class action lawsuit that accused the company of overcharging customers on its Family SharePlan. The proposed settlement was filed in U.S. District Court in New Jersey last week in response to a lawsuit which was filed in 2006 stating Verizon charged for calls made in-network on its Family SharePlan when the calls were contracted to be free to members who opted for that plan. The charges in question were billed between 2002 and 2006.

The lawsuit also accused the wireless company of billing more than the rate advertised for any minutes used over their plan’s monthly allotment. Verizon has not admitted to any wrongdoing but is opting to pay $36.7 million in cash to affected Family SharePlan customers and $27.5 million in free minutes. The balance of $19.26 million will cover the  … click HERE to continue reading

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