Post by caseagainstfaith on Dec 2, 2011 11:37:12 GMT -5
If 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.
According to court documents, the original claim, filed October 21, 2003, also implicates UPS' delivery price for expedited delivery of tickets as deceptive. Those part of the UPS subclass of the suit are entitled to an additional $5.00 credit per ticket. Both credits are in the form of vouchers, which can be redeemed a maximum of two at a time.
This could end up costing Ticketmaster a hefty amount of money. If, in any given year over the four-year redemption period, less than $11.25 million is redeemed by customers, Ticketmaster is going to donate the remainder to charity.
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.
According to court documents, the original claim, filed October 21, 2003, also implicates UPS' delivery price for expedited delivery of tickets as deceptive. Those part of the UPS subclass of the suit are entitled to an additional $5.00 credit per ticket. Both credits are in the form of vouchers, which can be redeemed a maximum of two at a time.
This could end up costing Ticketmaster a hefty amount of money. If, in any given year over the four-year redemption period, less than $11.25 million is redeemed by customers, Ticketmaster is going to donate the remainder to charity.
source - finance.yahoo.com/news/everyone-used-ticketmaster-last-12-190940783.html
You know this might be a tiny win for the consumer but at least it hurts ticketmaster where it hurts the most - their pocket book. I always hated the ticketmaster charge on top of already expensive tickets!
