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0 -0.0156252661462029 -0.0134137686302343 0.000567778566359007 -0.00638750887154014 -0.0133427963094393 -0.0124201561391057 -0.0133427963094393
Stock impact report

Live Nation, Ticketmaster must face sprawling class action over prices [CNBC]

Live Nation Entertainment, Inc. (LYV) 
Last live nation entertainment, inc. earnings: 10/31 04:01 pm Check Earnings Report
Company Research Source: CNBC
subsidiary Ticketmaster must face a class action on behalf of millions of Americans for allegedly overcharging them for events at major concert venues across the country. U.S. District Judge George Wu in Los Angeles ruled that the plaintiffs met the criteria to expand their lawsuit into a class action seeking 15 years of alleged damages tied to the purchase of more than 400 million tickets. Live Nation had urged Wu to deny certifying the lawsuit as a class action. The company and attorneys for the plaintiffs did not immediately respond to requests for comment. The class covers consumers who bought tickets directly from Ticketmaster or a Live Nation affiliate for events at major venues since 2010. Beverly Hills, California-based Live Nation was accused in the 2022 lawsuit of monopolizing ticketing services, allowing the company to charge artificially high prices in violation of antitrust law. Live Nation and Ticketmaster have denied any wrongdoing. In their opposition to cl Show less Read more
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