Live Nation ten year class action lawsuit settles
On May 16, 2012, Live Nation and Clear Channel announced that the global class action lawsuit that has plagued the two companies for the past ten years has finally reached a settlement. The original class action lawsuit, filed in 2002 by Malinda Heerwagen, alleged that Live Nation and its then parent company Clear Channel maintained a monopoly on the live-music concert industry. The initial suit was followed by 22 si…
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