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Ticketmaster Customers, Get Ready For Your (Tiny) Class-Action Payout
An anonymous reader writes "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 because they profited from '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."
In other news Ticket Master processing fees (now fully declared in the T&Cs that no one reads) have gone up by $1.50.
...where a commercial enterprise has to DECLARE that they operate with the intent to make a profit.
No wonder our financial system is nearly in ruins.
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Then they should take a stack of coupons as their share, since that's what the class members are getting.... coupons off future ticketmaster ticket purchases.
Hey, if cash is good enough for the lawyers, it's good enough for the class members too!
This is a complete scam along with most class action lawsuits as the only ones who profit from this are the bloodsucking lawyers!!! Want proof? Ticketmaster is required to pay out $11.25 million in customer refunds, although this could increase based on how many people bother to dig up their tickets from 10 years ago. The two plaintiffs who started this each get 20k. And what do the lawyers get? $16.5 million. Biggest scam on the planet.
Tesla was a genius. Edison however was a overrated hack who liked to torture puppies.
If the payout to consumers is in the form of a voucher, it would only be fair that the the lawyer's fee is paid out in the form of a Ticketmaster voucher also.
"If the lawyers hadn't run the case, no one would have got anything. "
No one did get anything.
Except for the lawyers.
This is a punishment for TicketMaster, not a "cash please" thing. Be lucky that the system doesn't always charge insane fees in the millions for a small processing fee. $1.50 USD is seriously not a massive amount of money and in this capitalistic world; you could have always bought them somewhere else.
This is not a punishment.
People now have the choice to (A) not get the refund or (B) pay TicketMaster to get the refund.
Unless you consider "slightly less profit on customers you might have otherwise lost" as punishment.
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It's ok for lawyers to make a buck, but there's something wrong with the system when the typical result of a class action lawsuit is the people who were actually wronged making a buck LITERALLY while the lawyers, who were not harmed at all, walk off with more money than the average American makes in a lifetime.