The Supreme Court refused to hear an appeal by Live Nation (LYV) Entertainment in a consumer antitrust suit, leaving intact a federal appeals court decision that said Live Nation’s arbitration agreements with customers couldn’t be enforced under California law. Live Nation was trying to funnel cases into group arbitration proceedings.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LYV:
- Live Nation price target raised to $190 from $180 at Benchmark
- Live Nation price target raised to $190 from $170 at Seaport Research
- FTC Sues Ticketmaster (LYV) over “Illegal” Ticket Resale Practices
- FTC sues Live Nation, Ticketmaster over resale prices
- FTC announces lawsuit against Live Nation and TicketMaster