Four years after the infamous disaster that was Fyre Festival took place, a class-action lawsuit might finally get attendees their money back.
Ticketholders who suffered through Fyre Festival will reportedly be reimbursed $7,220 each, under a new proposed settlement in federal bankruptcy court.
If approved, the $2 million settlement would offer partial to full refunds for 277 regretful attendees who spent anywhere between $1,000 and $12,000 on tickets for the greatest party that never happened.
MORE: Ja Rule Mints Fyre Festival Oil Painting As NFT, Sells For $122,000
Back in April 2017, Fyre Festival was set to take place with a star-studded guest list to rival its lineup in the exotic destination location of Exumas. Poor planning and execution, inclement weather — and perhaps most disappointing, the cheese sandwiches — made for a devastating cocktail at Fyre Festival.
The event’s founder, Billy McFarland is still in prison after being sentenced to six years on federal fraud charges related to the festival. Co-organizer Ja Rule was cleared of any wrongdoing.
A hearing for final approval on the proposed settlement is scheduled for May 13th.
Source: The Verge
This article was first published on Your EDM. Source: Fyre Festival Ticketholders Will Get Reimbursed $7,000+ Each Under Proposed Settlement
from EDM News – Your EDM https://ift.tt/3echzsH
SUBSCRIBE TO YOUREDM CHANNEL TODAY.
YOUR EDM provides the inside scoop on the EDM industry.
Subscribe and go DEEP inside the electronic scene.
SPONSORS
Sourced by actual house heads who have supported the EDM scene, music, culture, and vibe collectively for decades Always dedicated to showing love and support for the fellow artists, promoters, and supporters.
House Music is the soul survivor of a murdered disco dynasty. A dynasty that brought freedom of experession through dance and fashion. A definite anti-establishment media HIT job programmed and pushed thru corporate radio. - Jason Ring
ConversionConversion EmoticonEmoticon