Cary Ticket Company Reaches Agreement With State, Must Pay Fine
Posted June 18, 2002 12:25 p.m. EDT
RALEIGH, N.C. — A Cary-based ticket packaging company that sold Stanley Cup Finals tickets for illegally high prices has reached an agreement with the state and accepted a fine.
Premier Tickets and Tours of Cary agreed in court Thursday not to sell tickets unless they are available to the general public and they must be sold at face value. Packages that the company offers must also be close to actual value. Premier also agreed to pay a $25,000 fine.
"Corporate ticket scalpers who profit at the expense of our fans should expect to pay the price," said state attorney general Roy Cooper. "These companies are now going to have to play by the same rules as everyone else."
Kevin Bunn, attorney for Premier Tickets and Tours, had a terse response to the action.
"Premier is very glad to have worked out an agreement with this very tough attorney general," he said.
The North Carolina Attorney General's office announced earlier in June that it was cracking down on companies that were overcharging customers for tickets.
Encore Tickets of Dallas, Texas and Empire Entertainment and Travel of Atlanta have already setteled out of court. Encore Tickets returned remaining tickets and Empire Entertainment and Travel agreed to a $10,000 civil penalty.
Judge Donald Stephens issued a premliminary injunction against Ticket Solutions, Ideal Tickets and First Class Tickets preventing them from selling tickets to sporting and other events in the state at prices over face value.
According to North Carolina law, all civil penalties won by the State go to fund public schools.
"We'll keep working with these other ticket companies to make sure they abide by our laws," said Cooper. "North Carolina law doesn't change just because we're in the Stanley Cup finals."
The state attorney general's office has already confiscated some of the tickets that the companies returned and donated them to local charities.