Live Nation (LYV) Entertainment illegally monopolized ticketing markets, a New York federal jury found Wednesday, Bloomberg’s Leah Nylen and Patricia Hurtado report. The jury reached its verdict following a six-week trial, the authors note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LYV:
- Jury finds Live Nation illegally monopolized ticketing market, Bloomberg reports
- Guggenheim sees StubHub settlement as positive indicator for Live Nation suit
- PayPal (PYPL) Stock Dips as Company Cut Ties with Wireless Festival over Ye Controversy
- Live Nation price target raised to $192 from $180 at Guggenheim
- Live Nation initiated with an Outperform at Citizens