Posted on 12/03/2011 6:30:15 PM PST by GeronL
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.
(Excerpt) Read more at finance.yahoo.com ...
If you can prove you bought tickets.... you get $1.50 an order
The lawyers get $16.5 MILLION
I once got in on a class action suit because the brakes on my vehicle were built defectively. I was told to have the brakes repaired and that I would share in the proceeds of the suit.
So I did, to the tune of about $400.
I received around $47. The lawyers took about 90% of said proceeds.
I met the love of my life (Simon LeBon) and don’t care what ever Freeper comments on it... I love him and he is the love of my life...
That being said... What? heeeee
Lawyers get $ 16.5 million?
At $250/hr., that is:
66,000 man hours
1,650 man weeks
31.73 man years....of lawyer time. That’s the real rip off.
Same deal as the Netflix/walmart settlement. Class members $1.50 in their pocket .
Same deal as the Netflix/walmart settlement. Class members $1.50 in their pocket .
My sister got ripped off by a bank mortgage apparently, it was bought up by another bank but they still had to settle.
She is supposed to get 4-figures out of it sometime early next year, apparently. She is also awaiting any word on the medical thing that was settled on Nov 22....
crazy
These things are apparently pretty common.
So, I am entitled to a $6 credit? (I bought 2 tickets for 2 concerts this year through them)
The lemon drop martini at one of the venues is $7.50.
$1.50 Per order. not per ticket.
There was also something about UPS that could add $5 to an order.
I got an email that I am part of the class. They apparently know how many tickets I bought during the period. Probably more than 17.
TicketBastard (tm).
The reason your $30 ticket costs $55.
its per order, not per ticket.
or something.
I bet the vast majority will never know. How many bought tickets at kiosks, did they get an email address from those people?
Class actions are all for the trial lawyers. The lawyers here get $16+ million and the class members get from $1.50 to $17.50 tops. The judge is supposed to protect the class members from the evil lawyers but as he’s a lawyer too, he just winks.
Either you need to heed the Don’t Drink and Post rules or I need to get a beer.
I’m not sure which is scarier, your post or the fact that I remember who Simon LeBon is.
According to the email I got (we had used Ticketmaster), it’s $1.50 CREDIT towards a future Ticketmaster purchase, and one can only use 2 credits at a time. What a freaking crock. Thanks, but no thanks.
SUPERIOR COURT OF THE STATE OF CALIFORNIA - COUNTY OF LOS ANGELES
CURT SCHLESINGER and PETER LO RE,
on behalf of themselves and the Class,
v.
TICKETMASTER, a Delaware Corporation, )
)
)
)
No. BC304565
NOTICE OF PROPOSED
SETTLEMENT OF CLASS ACTION
This proposed settlement (”Settlement”) is on behalf of a nationwide class of consumers (the “Class”) who (1) purchased tickets on Ticketmaster’s website, www.ticketmaster.com (”the Website”) between October 21, 1999 and October 19, 2011 (the “Class Period”), (2) paid money to Defendant Ticketmaster for an Order Processing Fee (”OPF”) that was not refunded, (3) did not and do not opt-out of the Class, and (4) were residents of one of the fifty United States at the time of their purchase. Excluded from the Class are (a) Ticketmaster, (b) any entities in which Ticketmaster has a controlling interest or which have a controlling interest in Ticketmaster, (c) the officers, directors, employees, affiliates, and attorneys of Ticketmaster, or (d) any employee or officer of the Court or their immediate family members.
The proposed Settlement is also on behalf of a nationwide subclass (the “UPS Subclass”) of all Class Members who paid a delivery price for expedited delivery of their tickets via UPS (the “Delivery Price”).
The Class asserts claims that Ticketmaster’s OPF is excessive and deceptive. The UPS Subclass asserts claims that Ticketmaster’s UPS delivery charges are excessive and deceptive.
If you are a member of the Class and do not opt out of this proposed Settlement as set forth below, the Settlement will resolve your claims if approved by the Court.
On May 29, 2012 at 8:30 a.m., there will be a Final Approval hearing for the Court to determine whether to approve the settlement described below. The hearing will be held before Judge Kenneth R. Freeman, in Department 64 of the Superior Court of the State of California for the County of Los Angeles, located at 111 North Hill Street, Los Angeles, California 90012.
The proposed Settlement will provide a combination of benefits to the Class and UPS Subclass. Additionally, Lead Class counsel (identified below) will apply for up to $16.5 million in attorneys’ fees and expense reimbursements to counsel for the class and for an incentive award of $20,000 to each of the class representatives. Ticketmaster has agreed not to oppose that request and the Court will decide how much to award to Class counsel and the class representatives. The specific terms of the settlement are described in a Settlement Agreement and Release. This Notice does not change the terms of the Settlement Agreement, and is intended as a short summary of that document, which will be made available for your review on the Litigation Website as described below. In the event of any conflict between this document and the terms of the Settlement Agreement, the terms of the Settlement Agreement will govern.
SUMMARY OF YOUR LEGAL RIGHTS & OPTIONS1
(DETAILED DESCRIPTION FOLLOWS)
OPF CLAIMS - ALL CLASS MEMBERS
RECEIVE TICKETMASTER CREDITS
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).
UPS SUBCLASS MEMBERS
RECEIVE ADDITIONAL CREDITS FOR UPS OR OTHER OVERNIGHT SHIPPING (IF AVAILABLE)
If you are a member of the UPS Subclass, you will be entitled to additional relief under the Settlement. Specifically, for each transaction you made using UPS delivery of your tickets (up to 17 transactions), you will receive one UPS code (”UPS Code”) via email, for $5.00 off subsequent expedited delivery fees on purchases from Ticketmaster’s Website (except for events at venues owned or operated by AEG as set forth in the Settlement Agreement) of tickets that are shipped via UPS or some other form of overnight delivery that Ticketmaster may offer in the future. These UPS Codes may not be combined, and only one UPS Code may be used per transaction. However, this benefit may be used for a ticket order together with the OPF Code described above. The UPS Codes are non-transferable, expire 48 months after they are first usable, 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).
LOL!
wow. that is messed up
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