If you purchased a ticket through Vivid Seats on or before April 1, 2021 to an event that, at any time from September 29, 2016 through April 1, 2021, was cancelled, postponed or rescheduled you may be entitled to a payment or other relief from a Vivid Seats Class Action Settlement.
Vivid Seats, LLC (“Vivid Seats”) has reportedly agreed to a class action settlement of a lawsuit filed against it in United States District Court for the Northern District of Illinois, styled Nellis, et al. v. Vivid Seats LLC, Class Action Case No. 1:20-cv-02486 (N.D. Ill.), alleging, among other things, that Vivid Seats was obligated to provide payments for tickets purchased on or before April 1, 2021 to events that, at any time from September 29, 2016 through April 1, 2021, were cancelled, postponed or rescheduled, that Vivid Seats failed to do so and that ticket purchasers suffered damages and/or were otherwise entitled to relief as a result. Vivid Seats reportedly denies the claims in the lawsuit, denies all allegations of wrongdoing, fault, liability or damage to the Plaintiffs and the Settlement Class, and denies that it acted improperly or wrongfully in any way.
Who Is Included In The Vivid Seats Ticket Purchase Class Action Settlement?
The Vivid Seats Ticket Purchase class action settlement reportedly includes, unless otherwise excluded, the following settlement classes:
All persons or entities residing in the United States, its territories or Canada who at any time on or before April 1, 2021 purchased a ticket through Vivid Seats to an event that, at any time from September 29, 2016 through April 1, 2021, was cancelled or was postponed or rescheduled and has not yet occurred.
What Settlement Benefits Does The Vivid Seats Class Action Lawsuit Settlement Provide?
The Vivid Seat class action lawsuit Settlement reportedly provides for the creation of a common fund of $7.5 million to pay approved claims made by Settlement Class Members. According to the Vivid Seats class action settlement notice:
- If you purchased a ticket(s) through Vivid Seats on or before April 1, 2021 to an event(s) that, at any time from September 29, 2016 through April 1, 2021, was cancelled, you may have already received a credit on your Vivid Seats account toward the purchase of tickets to future events. As part of the Settlement, the expiration date for any such active, non-expired credits shall be extended, such that those credits are valid for use toward the purchase of tickets through Vivid Seats through December 31, 2022. To receive this benefit, you are not required to do anything at this time. If you would instead prefer a cash payment equal to the price of the ticket(s) you purchased (inclusive of base price, fees and delivery charges, exclusive of any insurance charges and less any amounts paid with gift cards, store credit or loyalty credit) (“Purchase Price”) to the Cancelled Event(s), less any sums already paid or spent in credit, you must submit or postmark a Claim Form by August 30, 2021 to be eligible to qualify for a payment…. You may submit a Claim Form by mail to Vivid Seats Purchase Settlement, c/o Settlement Administrator, 1650 Arch Street, Suite 2210, Philadelphia, PA 19103. You may also submit a Claim Form online.
- If you purchased a ticket(s) through Vivid Seats on or before April 1, 2021 to an event(s) that, at any time from September 29, 2016 through April 1, 2021, was postponed or rescheduled but not yet cancelled, and that event is cancelled after April 1, 2021 and you hold that ticket(s) at the time of cancellation, you will be entitled to injunctive relief as part of the Settlement. Specifically, you will automatically be entitled to a credit on your Vivid Seats account toward the purchase of tickets to future events equal to 110% of the Purchase Price of the ticket(s) you purchased, less any sums already paid or spent in credit. By way of example only, if you paid a Purchase Price of $100 for a ticket to a Postponed Event and you have already been paid $50, in the event the Postponed Event becomes cancelled, you will automatically be entitled to a credit on your Vivid Seats account equal to $55 (1.10 x ($100 – $50)). That credit will be valid through December 31, 2022. You can instead elect to receive a cash payment equal to the Purchase Price of the ticket(s) you purchased, less any amounts paid with gift cards, store credit or loyalty credit to the Postponed Event or Rescheduled Event that was later cancelled, less any sums already paid or spent in credit. To elect to receive this cash payment, you will be required to request that cash payment from Vivid Seats within twenty-one (21) days of receiving notice that the Postponed Event or Rescheduled Event has been cancelled.
If Settlement Class Members’ claims from the Cash Fund would result in Vivid Seats paying more than $7.5 million to the Cash Fund, then each Settlement Class Member’s claim will reportedly be reduced pro rata.
Where Can You Obtain More Information About The Vivid Seats Postponed Event, Rescheduled Event and/or Cancelled Event Class Action Settlement?
For more information about the Vivid Seats Postponed, Rescheduled and/or Cancelled Event class action lawsuit settlement, write to Vivid Seats Purchase Settlement c/o Settlement Administrator 1650 Arch Street, Suite 2210 Philadelphia, PA 19103, call 1-833-321-1231, email info@TicketPurchaseSettlement.com or visit the Vivid Seats class action settlement website at https://www.ticketpurchasesettlement.com/
I bought a ticket and I never attented the show. This is not what I wanted.
In my opinion the class action brought against VIVID SEATS in the state of Illinois, known as “Vivid Seats Purchase Settlement” to be an illegal action, a conspiracy to commit collusion, promoting dishonesty and fraud to undermine the integrity of the judicial system, with the objective of reducing Vivid Seats financial liability for pennies on the dollar. I believe that VIVID SEATS illegal activity, violations of the BOTS ACT of 2016, was exposed during the COVID-19 pandemic.
VIVID SEATS, a $1.4 Billion a year company being allowed to settle for five years of transgressions (violations of BOTS ACT of 2016) for 0.5% of “one” year revenue. This Class Action dates back two days before the BOTS ACT of 2016 was presented to Congress and about three months before being signed into law, December 2016. This brings suspicion that conspiracy to commit collusion, avoid prosecution of BOTS ACT of 2016 and income tax evasion should be investigated. As an example, the ticket sold to me was in a section that did not exist, indicating that VIVID SEATS did not own a ticket to sell at that time and may be grounds for fraud.
It is also my opinion that VIVID SEATS may have committed or is committing acts that violate the Money Laundering Control Act of 1986 by hiding and reinvesting money collected during this past 18 months from illegal profits from criminal acts while engaging in violations of the BOTS Act of 2016.
I am of the opinion that an investigation will show “Fraudulent Conveyance”, normally a civil matter except in this case it is my opinion Vivid Seats is attempting to defraud or delay the courts in an attempt to gain a favorable financial ruling.
Vivid Seats provided names (to eliminate their liability) for this class action. So, dollar amounts of tickets sold, along with names and amounts can be provided by Vivid Seats along with where the tickets were obtained, giving the courts the ability to determine exactly how much money is involved and how much money individuals have not reported as income to the Internal Revenue Service (IRS).
It is my opinion this should be a criminal case referred to the Federal Trade Commission (FTC) and/or Illinois Attorney General and the Internal Revenue Service for violations of the BOTS ACT of 2016 that have IRS implications, attempting to eliminate their 100% guarantee retroactive for nearly 5 years, violations of the Money Laundering Control Act of 1986 during this past year and fraudulent conveyance to the courts. I believe this case should be charged as a crime, penalized with prison time, fines and complete restitution to the victims.
Attached are two documents that will give you a better understanding of the laws being broke: 1) My “OPT-OUT” request required by the organization initiating the class action; 2) A presentation explaining how some of this works to target the consumer, how this was brought to the attention of the American people and what state Attorney Generals, FTC and IRS can do to help protect the consumer, improve income tax collections and help curb consumer fraud.
The settlement check sent to me bounced at my bank, because the lawyers said it was the wrong amount. When will I get a new check?