A federal judge just ruled that StubHub customers can’t take their claims to court as a class action. Instead, they have to go through private arbitration, one claim at a time. The lawsuit alleged that CEO Eric Baker operates Andro Capital, a ticket broker fund that has sold tickets on StubHub since 2008 and made over five million dollars since 2022, without customers knowing the connection.
StubHub did disclose Baker’s ownership of Andro Capital in filings ahead of its $758 million IPO, and the judge’s ruling made no findings on whether the allegations themselves hold up. The customer who filed the suit, Louis Sanquini, says he’ll keep pursuing the claims in arbitration, where thousands of individual cases could still move forward.
On top of all that, House Democrats are running their own investigation into StubHub over possible market manipulation and self-dealing. So whether you’re a concert regular or a casual ticket buyer, this story is worth watching. What do you think, should ticket platforms be required to tell you when the boss is also the seller?
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Local Lawton
Local Lawton is a contributor to LocalBeat, covering local news and community stories.