NEW YORK (Legal Newsline) — Six ticket brokers have agreed to settle with the office of New York Attorney General Eric T. Schneiderman over allegations of illegally reselling hundreds of thousands of tickets in the state since 2011.
The companies that settled are TicketToad.com Inc. of New Jersey, Charm City Entertainment LLC of Florida, Just In Time Tickets Inc. of New York, A2Z Tix LLC of New York, Flying Falco Entertainment, Inc. (doing business as Avery Tickets) of California, and All Events Utah LLC of Utah.
Each company allegedly sold tickets without obtaining the proper license to conduct this kind of business. Four of the brokers – TicketToad, A2Z, Just In Time, Flying Falco Entertainment and All Events Utah – allegedly committed additional violations by using illegal software known as ticket bots to purchase tickets on websites before consumers could purchase them. After obtaining the tickets, these companies could then resell them at higher rates.
“Our office has zero tolerance for ticket re-sellers that use illegal bots to scoop up large numbers of tickets for popular events before consumers can obtain them, and then resell those tickets to those very same consumers at a large markup,” Schneiderman said. “New Yorkers deserve a fairer ticket marketplace. Our office will continue to enforce New York’s ticket laws by investigating ticket brokers who are breaking our laws, and making them pay for their illegal acts.”
The six brokers will pay a combined $2.76 million in disgorged profits and penalties to resolve the allegations.