StubHub Hit With Class Action Lawsuit Over CEO’s Ticket Broker Side Gig

The secondary ticket market is already a headache for music fans, but a new legal filing suggests the game is rigged from the very top. According to a complaint obtained by Billboard, StubHub has been hit with a customer class action fraud lawsuit following revelations that its CEO, Eric Baker, is also the managing partner of a major ticket broker operating on his own platform. The lawsuit, filed on Monday, July 13, centers on Baker’s ownership stake in Andro Capital, a ticket reselling fund that has reportedly pulled in millions of dollars via StubHub. The conflict of interest was quietly disclosed to regulators ahead of StubHub's planned $758 million initial public offering in September 2025. However, the details only caught the public's attention on Friday, July 10, after CBC News unearthed the SEC filings. This is a massive blow to consumer trust. It is hard enough for fans to secure face-value tickets without competing against institutional scalpers, let alone a scalping fund owned by the head of the marketplace itself. The lawsuit argues this setup constitutes fraud, and honestly, it is hard to disagree. Fans looking for accountability will have to watch how this class action winds its way through the courts.