Business · 2h ago
StubHub CEO Accused of Running Massive Scalping Operation
SEC filings in a class-action lawsuit allege StubHub's CEO secretly operated a ticket-scalping firm that used the platform to resell tickets at inflated prices. The filings claim the scheme generated millions in profits by bypassing StubHub's own anti-scalping measures. StubHub has denied the allegations, calling them baseless.
Meridian48 take
The irony of a 'fan-first' marketplace being run by a scalper-in-chief underscores how little the ticketing industry has reformed despite public outcry.
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StubHub's 'marketplace for fans' is run by a mass scalper, SEC filings reveal →
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