Latest / Calgary News Today | 2 Min News | The Daily News Now!
StubHub’s CEO and the Scalper Scandal | Calgary News
StubHub’s under fire again—this time facing a $5 million class-action lawsuit accusing CEO Eric Baker of hiding his role as a major ticket scalper while marketing StubHub as a fan-to-fan marketplace. The scandal erupted after World Cup ticket cancellations left fans stranded and out of pocket, despite StubHub’s “FanProtect Guarantee.” Evidence shows Baker runs a hedge fund that resells millions in tickets through the platform, creating a massive conflict of interest. Buyers were misled into thinking they were dealing with a neutral marketplace, potentially paying more or accepting unfair…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.