Ticketmaster Strikes $16M Deal Over Fan Scam Claims

Law360, New York (October 18, 2011, 2:17 PM EDT) -- Ticketmaster Entertainment Inc. could pay up to $16.5 million to settle allegations that it tricked a class of customers into buying more expensive concert tickets from a scalping website it owned, according to a proposed settlement filed Monday.

Ticketmaster and its subsidiary, TicketsNow.com Inc., will also pay $2.5 million in attorneys' fees to class counsel, according to a preliminary motion for approval filed by the plaintiffs in California federal court.

The allegations are largely similar to those that landed Ticketmaster in trouble with the New Jersey...
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