Ticketmaster's $400 million settlement over jacked-up fees for things like "order-processing" and shipping costs has been approved and finalized, more than a decade after the class-action suit -- Schlesinger v. Ticketmaster -- was originally filed.
To collect on the settlement, fans will have to spend more money on tickets.
You are one of the 50 million class members if you purchased a ticket on Ticketmaster's website from Oct. 21, 1999, through Feb. 27, 2013. If you haven't received an email notice yet, buyers are told to check their accounts on or around June 18 to retrieve discount codes -- one for each transaction during the class period, with a cap of 17 -- that are good for a $2.25 credit on a future online ticket purchase. [...]
As part of the settlement, Ticketmaster changed the language on its website to clarify that order-processing and delivery charges may include a profit for the company. That said, Ticketmaster "denies any fault or liability, or any charges of wrongdoing that have been or could have been asserted" during the case.
The lawsuit was originally filed in 2003, when Ticketmaster was part of IAC/InterActive Corp. Live Nation bought the ticketing firm for $2.5 billion in 2009.
That's a really good trick: they managed to drag out the lawsuit for thirteen years and when they finally "lost", they get to pay their damages in coupons. And bury a new disclaimer in the click-through.
They should have an itemized line item on the checkout page for "Contribution to Our Lawyers' Swimming Pools."