• February 26, 2024

Hundreds May Win More Than $7,000 Each In Settlement : NPR

Billy McFarland, who left federal court in March 2018, was sentenced to six years in prison after pleading guilty of fraud related to the failed Fyre Festival. Ticket holders and promoters reached an agreement this week in a class action lawsuit. Mark Lennihan / AP hide caption

Toggle labeling

Mark Lennihan / AP

Billy McFarland, who left federal court in March 2018, was sentenced to six years in prison after pleading guilty of fraud related to the failed Fyre Festival. Ticket holders and promoters reached an agreement this week in a class action lawsuit.

Mark Lennihan / AP

Participant of the infamous Fyre Festival They didn’t get exactly what they paid for in 2017 when they came to a luxury music festival in the Bahamas only to be stranded with no basic services, let alone top-notch accommodations.

About four years later, hundreds of ticket holders are poised to earn more than $ 7,000 each after settling a class action lawsuit with promoters.

The settlement was reached on Tuesday in the US bankruptcy court in the southern borough of New York. Court documents show that the deadline for the appeal expired in early May. The plaintiff is named Gregory Messer, the Chapter 7 trustee of the Fyre Festival LLC estate.

Paradise Lost: The Luxury Music Festival turns out to be a half-built scene of chaos

It adds up to $ 2 million and was announced as part of the festival’s ongoing bankruptcy proceedings. It looks like that New York Times According to reports, 277 ticket holders will each receive a payout of $ 7,220. An approval hearing is scheduled for May 13th. (ThThe exact amount of the payout may change depending on the course of the ongoing bankruptcy proceedings.)

“Billy [McFarland] went to jail, ticket holders can get some money back, and some very entertaining documentaries have been made. “Ben Meiselas, a Geragos & Geragos California partner who represented the ticket holders, told the Times,” Well, that’s justice. ”

In fact, the 2017 festival that was not left a trail of lawsuits, criminal charges and dramatic documentaries in his wake.

McFarland, who organized and promoted the event, plead guilty in 2018 on two cases of wire fraud related to the festival. He was sentenced six years in prison and three years on probation for engaging in schemes that the prosecutor has described as “multiple fraudulent” and for making false statements to law enforcement agencies.

Fighting 'Fyre' with 'Fyre Fraud': Two documentaries about the same disaster

McFarland and his company Fyre Media have come to an agreement dozen Complaints after the festival. As an NPR reported in 2018:

McFarland had hosted a “life-changing” paradise music festival for well-heeled guests that was to take place in the Bahamas in late April and early May 2017. Instead, the festival collapsed, which had ticket prices of up to $ 12,000 apiece, a parade of chaos #dumpsterfyre Jokes and droves of malicious social media comments as hopeful festival goers and vendors alike realized they had been betrayed.

Organizers offered one sorry Immediately after the event admitted that “even the most humble of expectations were dramatically missed,” and provided a form for attendees to fill out to request a refund.

But for many, a refund wasn’t enough.

The original collection suit was submitted in April 2017 against Fyre Media, McFarland and rapper Ja Rule, who was promoted to co-founded the festival and claimed $ 100 million in damages. The plaintiff is referred to as Daniel Jung, who acts individually and as a representative of “a class of similarly situated persons”.

The 21-page complaint The reimbursements were inadequate, writing, “The damage suffered by class members when lured to a deserted island and left to their own devices – a situation tantamount to false imprisonment – exceeds the face value of their ticket packages by many orders of magnitude.”

Fyre Festival Hit With $ 100 Million Suit;  Organizer says

It accuses organizers of knowingly lying about the festival’s housing and safety, and reaching out to celebrities and artists to deter them from coming while continuing to sell packets of tickets that started at $ 1,200.

The festival was sponsored – by many too Social media influencer – as a classy music festival on a private island that once belonged to drug king Pablo Escobar, with luxurious accommodations and first-class culinary experiences.

Instead, attendees came to find unsecured FEMA tents. swiveled far Food rations and no festival or medical staff offering help. The island was neither privately nor previously owned by Escobar, lawyers noted.

“The festival’s lack of adequate food, water, shelter and medical care created a dangerous and panic-stricken situation among participants who were suddenly stranded on a remote island with no basic services and closer to ‘The Hunger Games’ or ‘Lord of the Flies’ ‘Lied “as Coachella,” they wrote, adding that the escape efforts were hampered by the participants’ confidence in the organizers for transportation and the fact that the event had been billed as “cashless”.

Several other legal disputes related to the failed festival have already been resolved.

In 2018, a North Carolina judge was honored $ 5 million in damages to two participants who sued McFarland; Ja Rule was originally named in this lawsuit, but was removed from the lawsuit after reaching an agreement with the two of them. And last May Kendall Jenner agreed to pay $ 90,000 to promote the festival on a social media post.

Jack

Read Previous

Malibu Watermelon | 2021-04-16 | Beverage Industry

Read Next

Hundreds May Win More Than $7,000 Each In Settlement : NPR

Leave a Reply

Your email address will not be published. Required fields are marked *