The Federal Trade Commission has filed a lawsuit against a ticket resale company, alleging that it used illegal methods to secure tickets and resell them at inflated rates for popular concerts, including Taylor Swift’s Eras Tour.
On Monday, the FTC filed the suit, reviewed by Variety , against Key Investment Group and affiliated companies including Epic Seats and Totally Tix LLC, accusing them of violating the Better Online Ticket Sales (BOTS) Act and making millions off of price-gouged tickets on the secondary market.
Several of Key Investment Group’s executives were named in the suit including CEO Yair D. Rozmaryn, CFO Elan N. Rozmaryn and CSO Taylor Kurth. The FTC states that the company violated the FTC Act and the BOTS Act, which is intended to prevent parties from circumventin