Eventbrite faces lawsuit in fallout from shares drop
Shareholders seeking damages following the decline in Eventbrite stock allege that the company made misleading statements about the impact of the Ticketfly integration
News By | 6 June 2019
Eventbrite shareholders are taking a class action lawsuit against the ticketing and events company, alleging they were misled at the time of the company’s initial public offering (IPO) in September 2018.
International securities and consumer rights litigation firm Scott+Scott Attorneys at Law LLP filed the lawsuit on behalf of claimants who purchased Eventbrite stock in the company’s IPO at US$23 a share.
The lawsuit alleges that Eventbrite misled potential buyers in its IPO registration statement, declaring that the…
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