Nearly four years after an infamous festival that was billed
as an ultraluxurious musical getaway in the Bahamas left attendees scrounging
for makeshift shelter on a dark beach, a court has decided how much the
nightmare was worth: approximately $7,220 apiece.
اضافة اعلان
The $2 million class-action settlement, reached Tuesday in
US Bankruptcy Court in the Southern District of New York between organizers and
277 ticket holders from the 2017 event, is still subject to final approval, and
the amount could ultimately be lower depending on the outcome of Fyre’s
bankruptcy case with other creditors.
But Ben Meiselas, a partner at
Geragos & Geragos and
the lead lawyer representing the ticket holders, said Thursday that he was
happy a resolution had at last been reached.
“Billy went to jail, ticket holders can get some money back,
and some very entertaining documentaries were made,” Meiselas said in an email
mentioning Billy McFarland, the event’s mastermind. “Now that’s justice.”
Lawyers representing the trustee charged with Fyre’s assets
did not immediately respond to a request for comment.
McFarland and the festival’s co-founder, rapper Ja Rule,
have faced more than a dozen lawsuits against their company, Fyre Media, in the
event’s aftermath. The plaintiffs have sought millions and alleged fraud,
breach of contract, and more.
McFarland, 29, is serving a six-year prison sentence after
pleading guilty to wire fraud charges. In 2018, a court ordered him to pay $5 million
to two North Carolina residents who spent about $13,000 apiece on VIP packages
for the Fyre Festival.
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