Learn English: Live Nation Pays $20 Million to Settle Investor Lawsuit (hard)

1 week, 3 days ago

Live Nation Pays $20 Million to Settle Investor Lawsuit

Live Nation, a major concert promoter, recently settled a lawsuit for $20 million.

Investors claimed the company hid the risks associated with its business practices, leading to potential antitrust issues.

These practices included high fees, bundled services, and actions against venues not using Ticketmaster.

The settlement concludes a class-action lawsuit filed in 2023 alleging misleading information to investors.

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Source

Original: Los Angeles Times

Tags

#Live Nation #Ticketmaster #Antitrust Lawsuit #Investor Lawsuit #Concert Industry

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