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0 0 0 0.00239280863997933 0.00239280863997933 -0.00485028778374184 -0.00407424173834311 0.0034275367005109
Stock impact report

How will DC residents receive money from $9.9 million Live Nation settlement? [USA TODAY]

Live Nation Entertainment, Inc. (LYV) 
Last live nation entertainment, inc. earnings: 10/31 04:01 pm Check Earnings Report
Company Research Source: USA TODAY
Washington DC has won nearly $10 million through a settlement with Live Nation over deceptive Ticketmaster pricing practices, and local residents may soon see money back in their pockets. What triggered the settlement secured by Attorney General Brian Schwalb , and how can people in DC receive their share of the settlement? Here's what to know. What did the attorney general investigation reveal? The attorney general's office said it was awarded $9.9 million after an investigation found Live Nation "misled customers about ticket prices, charged deceptive fees and used illegal pressure tactics to get fans to buy tickets for a decade." Live Nation is accused of violating the District of Columbia's Consumer Protection Procedures Act through what the attorney general's office calls "deceptive bait-and switch" tactics. “For at least a decade, Live Nation and Ticketmaster boosted profits by charging predatory, hidden fees — taking advantage of DC residents buying tickets for the Show less Read more
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