It looks to me like the OP is making more of a beef about Verizon's
advertised speeds being significantly different from their
actual speeds. That Verizon is continuing to advertise speeds that it intentionally is not delivering, IMO, constitutes fraudulent advertising. This can and should be the basis of, and resolved by, a class action suit.
It's no different really than an ISP that advertises 100Mbps, has ethernet to the home, but only a T3 to the Internet.
I'm sure their customer contract has clauses which specify that "actual speeds may vary". This does not, however, make their advertised speeds any less knowingly false.