'Speculative' Springsteen Tickets Sales Prompt Criminal Probe

December 10, 2015
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Tickets to see Bruce Springsteen on his upcoming tour don't go on sale until December 11th, but it would seem that online ticket retails have attracted the attention of the New York Attorney General for listing "speculative" seats for sale.

Reuters reports that the criminal probe found three online ticket retailers - StubHub, TicketNetwork, and Vivid Seats - allowed listings from re-sellers that were offering seats to the tour, even though they never had any tickets on hand in the first place. Some of the listings were priced as high as $5,000.

"Speculative tickets harm both consumers and the ticket industry," said Asst. Attorney General for the Internet Bureau Jordan Adler. "In many cases, consumers who purchase a speculative ticket do not receive the seats that were advertised and paid for."

The three retailers were served with a letter ordering the removal of the listings and asked their executives to meet and discuss with investigators ways to bar speculative ticket sales.

(source: Ultimate Classic Rock)