Ticketmaster loses class-action lawsuit

[ReynardMuldrake]

**** these guys. Ticketmaster is a racket.

Of course, the lawyers are the real winners here. $1.50 a ticket is just stupid.

Everyone Who Has Used Ticketmaster In The Last 12 Years Is Getting A Refund

If you used Ticketmaster's website to buy tickets between October 21, 1999 and October 19, 2011, you're in for a windfall.

Well, a $1.50 per ticket order windfall.

Because of a proposed class action settlement, Ticketmaster is being forced to credit $1.50 per ticket order (up to 17 orders) to customers due to the fact that they profited off of "processing fees" without declaring as much.

And despite the reparations, Ticketmaster can continue to profit off transactions — they just have to say they're doing so on their website.

According to court documents, the original claim, filed October 21, 2003, also implicates UPS' delivery price for expedited delivery of tickets as deceptive. Those part of the UPS subclass of the suit are entitled to an additional $5.00 credit per ticket. Both credits are in the form of vouchers, which can be redeemed a maximum of two at a time.

This could end up costing Ticketmaster a hefty amount of money. If, in any given year over the four-year redemption period, less than $11.25 million is redeemed by customers, Ticketmaster is going to donate the remainder to charity.

Also, the Counsel attorneys plan to ask for an award of up to $16,500,000 in attorneys’ fees and expenses, as well as $20,000 to the two plaintiffs who brought forward the class action in the first place.

Don't expect your credits quite yet, though. Credits won't be issued prior to April 15, 2012, and should come within 30 days after Final Approval of the settlement (currently scheduled for May 29, 2012).

http://www.businessinsider.com/ticke...action-2011-12

[2bikemike]

I refuse to buy a ticket through Ticketmaster. If I can't get the ticket from the venue I don't go. I may miss out on some great shows or events but I flat out refuse to do business with Tickemaster.

[BossChief]

Im gonna buy my mom a new house with the money.

[Caseyguyrr]

ticketmaster is a joke

[GloryDayz]

LOL, you have to buy more to get made whole again... I'd say ticket master is the winner here!! From their side, it's jsut a slightly smaller profit on a few future ticket sales... They're whores!

[Rausch]

Originally Posted by mdchiefsfan

Imma 'bout to get

[Bob Dole]

Wonder if the lawyers are going to be "paid" with vouchers.
Posted via Mobile Device

[Buck]

Got the email tonight. What a bunch of bullshit.

If you take no action, and the settlement is approved by the Court, you will automatically receive, via email at the most recent email address associated with your purchases on Ticketmaster.com, discount codes ("Codes") which can be used for future purchases for U.S. events from Ticketmaster's Website (except for events at venues owned or operated by AEG as set forth in the Settlement Agreement). For each transaction that you made during the Class Period, you will receive one code via email for a $1.50 discount, up to a maximum of 17 codes. This does not include the additional benefits, for the UPS Subclass members, which are described below. The Codes may be combined up to a maximum of two credits ($3.00) that may be applied on future transactions as described above. The Codes are non-transferable, expire 48 months from distribution, and may be redeemed only for purchases made using the email address to which they were sent (or an updated address provided to the Claims Administrator or Ticketmaster and verified as belonging to the Class Member).

TL;DR - They won't be sending checks to anyone, you get codes for $1.50 off a future purchase, using a maximum of 2 per purchase ($3 off) and the codes expire within 48 months. Also you have to use the same email.

[whosyou]

I just got a .48 cent check from eBay for a class action suit that was settled and now this? Im rich bitch! And to think, republicans want deregulation.

[Stewie]

Originally Posted by Buck

which can be used for future purchases for U.S. events from Ticketmaster's Website (except for events at venues owned or operated by AEG as set forth in the Settlement Agreement).

This means the codes won't work for events at Sprint Center or Midland Theater since they're both AEG owned and operated. What a bunch of BS.

[Amnorix]

Originally Posted by Marcellus

Class action law suits are typically a legal shake down by a law firm. Nobody but the attorney's benefit, well that and the original plaintiff they get to start the suit.

Still most all are on the attorney's digging for money.

Most are settled out of court because if you are found on slightly responsible as a defendant you have to pay all the attorney fees for defense and claimant which usually are in the 7 figure range. Not worth the risk.

Meanwhile you get $1.50 while the attorney's rack up millions.

I agree with all of this BUT what you need to understand is that part of the concept here is that the THREAT of class action lawsuits, which can easily result in multi-million dollar damage awards (including those heinous attorneys fees) are specifically designed to deter bad conduct by corporations.

And bringing class action suits isn't easy, and the risks are high very.

But yes, successful class action attorneys are definitely "one percenters". I understand that. And I understand that everyone loves to hate attorneys, so go for it.