Live Nation to Pay Investors $20 Million Over Antitrust Risks

Live Nation Entertainment Inc. has reached a $20 million settlement agreement with investors who allege the live events and ticketing company misrepresented its compliance with antitrust laws, according to a federal court filing.

The proposed accord should be given preliminary approval, the Live Nation investors told the US District Court for the Central District of California in a March 21 filing.

The securities class action stemmed from an antitrust investigation by the Department of Justice. The Justice Department and 30 states sued Live Nation in May 2024, seeking to break off Ticketmaster Entertainment Inc. and to declare and prevent ...