StubHub Settles FTC Lawsuit with $10 Million Fine, Shares Rise
StubHub settled an FTC lawsuit with a $10 million fine, leading to a double-digit share price increase. The FTC alleged StubHub delayed compliance with the 'all-in' pricing rule, but the company avoided admitting wrongdoing. Despite the settlement, StubHub remains significantly below its IPO price.
Tickers: $STUB
Topics: all-in pricing rule FTC lawsuit regulatory compliance settlement StubHub