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.