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Live Nation Settles Ticketmaster Online Fees Action

Law360 (January 27, 2011, 5:18 PM EST) -- Live Nation Entertainment Inc. has reached a settlement in an unfair competition class action against subsidiary Ticketmaster that claimed the company unlawfully failed to disclose it profited from certain fees charged to online ticket purchasers.

The proposed settlement in the long-running case — originally filed in 2003 in Los Angeles County Superior Court — includes cash payments and/or discounts off one or more future ticket purchases for class members who meet certain conditions, Live Nation said Wednesday in an 8-K filing with the U.S. Securities and...
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