Habitual concert-goers, rejoice! U are about to make some $$$!!!!
As a result of a proposed class-action settlement, Ticketmaster is being forced to refund $1.50 per ticket order for up to 17 orders per customer due to the fact that the company did not disclose the fact that they were profiting from "processing fees."
This deal will apply to orders placed between Oct. 21, 1999 and Oct. 19, 2011, and refunds will be issued 30 days after the settlement's final approval, which is currently scheduled for May 29, 2012.
And no, in case U were wondering, this does NOT mean that Ticketmaster will do away with processing fees…they'll just have to disclose the fact that they're profiting from them.
On a more positive note, Ticketmaster has announced that if less than $11.25 million is redeemed by customers over the four year period in which they can receive refunds, they'll donate the remainder of the money to charity.
Will U collect UR refund from Ticketmaster? Or will U pass so that the money can possibly go to a charitable cause???
Tags: charity, class action, processing fees, refund, settlement, ticketmaster, tickets