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Violation Tracker Individual Record

Company: TicketNetwork, Inc.
Penalty: $1,400,000
Year: 2014
Date: July 24, 2014
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: Online resale ticket exchange TicketNetwork, Inc., and two of its marketing partners, Ryadd, Inc. and SecureBoxOffice, LLC, have settled Federal Trade Commission and State of Connecticut allegations that their advertisements and websites misled consumers into thinking they were buying event tickets from the original venue at face value. Instead, the complaint alleges, the defendants' websites actually were ticket reseller sites with event tickets often priced above the venue's original price.
Level of Government: federal
Action Type: agency action
Agency: Federal Trade Commission
Civil or Criminal Case: civil
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.