I've never heard of any 'easy' ways to fix a lockback with vertical play, unless one skilled user finds it 'easy' to disassemble the knife. Even then, being that the vertical play usually results from metal being worn off of the lockbar face, or the blade tang, or BOTH, there's no way to put that metal back on it. Meaning, of course, something needs to be replaced (usually the lockbar, I think). At least in the case of Spyderco and Buck, they both have relatively good (if not excellent) warranty service. Buck, in particular, is known for sometimes going above and beyond to fix issues like this, if they have the parts/means to do it. The exceptions usually are with older products for which they no longer carry spare parts.
So, I think your best option, if any, is to call the manufacturer and ask them (nicely) what they might be able to do. Even if there's a repair fee involved, it may still be worth it, if the knife has some value to you.