$500 Million Class Action Lawsuit Commenced in Ontario Against
Ticketmaster Entertainment, Inc., Ticketmaster Canada Ltd., TNow
Entertainment Group, Inc. and Premium Inventory, Inc.
Who knows if anything will come of it...
Lawsuit Alleges Ticketmaster Conspired to Sell Tickets to Popular Events
at Inflated Prices via a Ticket Brokerage Owned by Ticketmaster
>>
TORONTO, Feb. 9 /CNW/ - A $500 Million Class Action was commenced today
against TICKETMASTER ENTERTAINMENT, INC., TICKETMASTER CANADA LTD., TNOW
ENTERTAINMENT GROUP, INC., and PREMIUM INVENTORY, INC. (the "Defendants")
claiming the Defendants conspired to divert tickets to popular events away
from Ticketmaster's lower priced portal available to the general public
(www.ticketmaster.ca), in favour of its ticket brokering website
www.ticketsnow.com, in which the same tickets were sold at premium prices. The
lawsuit contends that the practice of selling tickets in the secondary market
for amounts that exceed their face price contravene Ontario's anti-scalping
legislation.
The lawsuit also alleges that the fees and surcharges levied to the
general public by Ticketmaster also violate the Ontario legislation.
The lawsuit was initiated by a plaintiff who purchased two concert
tickets for $533.65 including service charges, but excluding shipping costs.
The same tickets would have cost him $133.00 on Ticketmaster's website, had
they been available. Ticketmaster's website directed him to the higher priced
tickets on the TicketsNow website.
"Customers have voiced concerns over the fact that tickets for the most
popular events can ostensibly sell out in minutes, only to become immediately
available in the secondary market at much higher prices," said Luciana Brasil
of Branch McMaster, one of the lawyers representing the Plaintiff.
"It is reasonable to expect consumers to be curious about the process by
which tickets are sold to them," said Jay Strosberg of Sutts Strosberg LLP,
one of the lawyers representing the plaintiff. "The mere fact that
Ticketmaster has a financial interest in both retail and premium ticket sales
leads to an obvious question about the process by which those tickets are sold
to members of the public and how it works."
The class action is commenced on behalf of all persons who purchased
tickets for an event in Ontario from Ticketmaster or through TicketsNow.com
from and after February 9, 2007.
For more information visit www.ticketmasterclassaction.com.
Ticketmaster Entertainment, Inc., Ticketmaster Canada Ltd., TNow
Entertainment Group, Inc. and Premium Inventory, Inc.
Who knows if anything will come of it...
Lawsuit Alleges Ticketmaster Conspired to Sell Tickets to Popular Events
at Inflated Prices via a Ticket Brokerage Owned by Ticketmaster
>>
TORONTO, Feb. 9 /CNW/ - A $500 Million Class Action was commenced today
against TICKETMASTER ENTERTAINMENT, INC., TICKETMASTER CANADA LTD., TNOW
ENTERTAINMENT GROUP, INC., and PREMIUM INVENTORY, INC. (the "Defendants")
claiming the Defendants conspired to divert tickets to popular events away
from Ticketmaster's lower priced portal available to the general public
(www.ticketmaster.ca), in favour of its ticket brokering website
www.ticketsnow.com, in which the same tickets were sold at premium prices. The
lawsuit contends that the practice of selling tickets in the secondary market
for amounts that exceed their face price contravene Ontario's anti-scalping
legislation.
The lawsuit also alleges that the fees and surcharges levied to the
general public by Ticketmaster also violate the Ontario legislation.
The lawsuit was initiated by a plaintiff who purchased two concert
tickets for $533.65 including service charges, but excluding shipping costs.
The same tickets would have cost him $133.00 on Ticketmaster's website, had
they been available. Ticketmaster's website directed him to the higher priced
tickets on the TicketsNow website.
"Customers have voiced concerns over the fact that tickets for the most
popular events can ostensibly sell out in minutes, only to become immediately
available in the secondary market at much higher prices," said Luciana Brasil
of Branch McMaster, one of the lawyers representing the Plaintiff.
"It is reasonable to expect consumers to be curious about the process by
which tickets are sold to them," said Jay Strosberg of Sutts Strosberg LLP,
one of the lawyers representing the plaintiff. "The mere fact that
Ticketmaster has a financial interest in both retail and premium ticket sales
leads to an obvious question about the process by which those tickets are sold
to members of the public and how it works."
The class action is commenced on behalf of all persons who purchased
tickets for an event in Ontario from Ticketmaster or through TicketsNow.com
from and after February 9, 2007.
For more information visit www.ticketmasterclassaction.com.