Showing posts with label class action. Show all posts
Showing posts with label class action. Show all posts

Friday, 12 October 2012

Ticketnews.com reports that former Ticketmaster customers who had signed onto a class-action lawsuit against Ticketmaster for charging excessive processing and shipping fees will have to wait a little while longer to receive their compensation, after Los Angeles Superior Court judge Kenneth Freeman rejected a proposed settlement agreement between Ticketmaster and the class-action plaintiffs' attorneys, which included a $16.5 million payment to the plaintiff’s lawyers. Judge Freeman said that the settlement of $1.50 or $5 coupons to class action members "represents a windfall for Ticketmaster and does not represent 'real value' for class members" adding that he was concerned that a failure to reach some 20%  of the estimated 50.7 million class members by email was a "significant concern".