Core Viewpoint - The StubHub class action lawsuit alleges that the company and its executives misled investors regarding its financial health during the IPO process, leading to significant stock price declines after the release of disappointing financial results [1][3][4]. Group 1: Class Action Lawsuit Details - Purchasers of StubHub common stock from its September 17, 2025 IPO have until January 23, 2026, to seek lead plaintiff status in the class action lawsuit [1]. - The lawsuit, Salabaj v. StubHub Holdings, Inc., claims violations of the Securities Act of 1933 by StubHub and its executives [1][2]. - StubHub's IPO involved the issuance of approximately 34 million shares at an offering price of $23.50 per share [2]. Group 2: Allegations Against StubHub - The lawsuit alleges that the IPO offering documents were materially false or misleading, omitting critical information about changes in payment timing to vendors that adversely affected free cash flow [3]. - StubHub reported a free cash flow of negative $4.6 million for Q3 2025, a 143% decrease year-over-year, and a 69.3% decrease in net cash from operating activities [3]. - Following the release of these financial results, StubHub's stock price fell nearly 21% [3]. Group 3: Stock Performance - By the time the class action lawsuit commenced, StubHub's stock price had dropped to as low as $10.31 per share, representing a nearly 56% decline from the IPO price of $23.50 [4]. Group 4: Legal Representation - Robbins Geller Rudman & Dowd LLP is leading the class action lawsuit and is recognized as a top law firm in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [6].

Core Insights - Vivid Seats Inc. has announced a strategic collaboration with United Airlines to allow MileagePlus members to earn miles on live event ticket purchases through Vivid Seats [2][4] Group 1: Collaboration Details - United MileagePlus members can earn two miles per dollar spent on Vivid Seats purchases exclusively at united.vividseats.com [3] - Eligible United MileagePlus Chase Cardmembers can earn additional miles, with United Explorer Cardmembers earning three miles per dollar and United Quest Cardmembers earning four miles per dollar spent [3] - United Club and United Club Business Cardmembers will earn five miles per dollar spent [3] Group 2: Strategic Importance - The partnership aims to leverage United Airlines' extensive loyalty program, which has over 130 million members, to reach new audiences [4] - Vivid Seats will connect customers to personalized content through United's Kinective Media, enhancing the travel experience with integrated media [4] Group 3: Company Overview - Vivid Seats, founded in 2001, is a leading online ticket marketplace focused on connecting fans to live events [6][7] - The company offers a wide selection of events and tickets in North America and has been recognized for its customer service [7]

Core Points - The Federal Trade Commission (FTC) has filed a lawsuit against Ticketmaster and its parent company Live Nation for allegedly deceiving artists and consumers regarding ticket pricing and limits [1][6] - The lawsuit claims that Ticketmaster and Live Nation engaged in tacit coordination with brokers, allowing them to acquire tickets illegally and sell them at inflated prices in the secondary market [2][3] - The FTC's complaint highlights deceptive practices such as bait-and-switch pricing and misleading advertising about ticket availability [3][6] Legal and Regulatory Context - The FTC's lawsuit alleges violations of the FTC Act and the Better Online Ticket Sales (BOTS) Act, seeking civil penalties and monetary relief against Ticketmaster [6] - The lawsuit follows a previous antitrust case under the Biden administration, which accused Live Nation of monopolistic practices in the live event ticketing market [8][10] - An executive order signed by President Trump aimed to combat ticket scalping and promote price transparency in ticket sales, directing the FTC to enforce the BOTS Act [5][8] Market Impact - The lawsuit could potentially lead to significant changes in the operations of Ticketmaster and Live Nation, including the possibility of Live Nation being compelled to divest Ticketmaster [8][10] - The controversy surrounding Ticketmaster's website crash during a high-profile ticket sale event has intensified scrutiny on the company's practices and market dominance [10]