The secondary ticketing company had gross sales of $8.7 billion in 2024 and plans to use the IPO proceeds to pay down its $2.33 billion of long-term debt.
Adding mandatory "service fees" to an advertised ticket price is a "classic bait-and-switch scheme" that violates consumer protection laws, the case claims.
A smaller firm claimed that StubHub undermined its valuable partnership with American Express as retaliation in a dispute over affiliate commissions.
The ticket reseller, founded in 2000, is estimated to be carrying $2 billion in debt.
