Schlesinger v. Ticketmaster: $265 Million Consumer Class Action Settlement

A Los Angeles Superior Court judge has granted preliminary approval of a settlement worth up to $265 million between Ticketmaster and customers who alleged that Ticketmaster should have but did not refund order processing fees and UPS shipping costs when customers cancelled ticket orders.  See Schlesinger v. Ticketmaster, No. BC 304565 (L.A. Super. Ct. Nov. 2, 2011) (order granting preliminary approval) (available here).

The settlement provides for discounts on future ticket purchases by class members, defined as those who did not receive a full refund on transactions made through the Ticketmaster website between October 21, 1999 and October 19, 2011.  See Settlement Agreement, Schlesinger v. Ticketmaster, No. BC 304565 (L.A. Super. Ct. Nov. 2, 2011) (available here).  Lead class counsel stand to receive up to $16.5 million in attorneys’ fees and costs.  Id.  The final approval hearing is set for May 29, 2012.