CBC·3 min read·medium
StubHub, CEO hit with 'deceptive practices' class action over mass scalping
✦AI Summary
StubHub and its CEO are facing a class-action lawsuit alleging deceptive practices regarding the company's business model. The suit claims the platform misrepresented itself as a neutral marketplace while the CEO's hedge fund engaged in large-scale ticket reselling.
The suit, filed Monday by New York ticket buyer Louis Sanquini, alleges deceptive practices and fraudulent misrepresentation over StubHub's promoting itself as a "marketplace for fans to buy and sell tickets."
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