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Fyre Festival Reaches Class Action Settlement, Each Attendee Expected To Receive $7,200 Each!

Cousins!

After nearly four years an official settlement has been reached following the infamous controversial Fyre Festival event and it’s organizers being hit with a Class Action lawsuit by their 277 attendees!

According to Rolling Stone, a settlement between each lawyer representing each ticket holder as well as any individual charged with Fyre’s assets have been reached. An expected $7,200 is expected to be paid out to all attendees, however it could possibly be a lower amount due to Fyre’s bankruptcy case with various creditors.

Sources have confirmed that a vote to approve the class action suit will take place on May 13th, 2021.

“It’s a small but significant step for ticket holders who were defrauded and had their lives up ended as a result of the fraudulent conduct by [Fyre founder Billy] McFarland,” Ben Meiselas, partner at Geragos & Geragos and lead attorney for the class-action representing the ticket holders, tells Billboard.

Reports read attorney Mark Geragos initially filed the $100 class action lawsuit against McFarland as well as his Fyre co-founder Ja Rule in May 2017. The suit came just days after the disastrous festival stranded thousands of attendees in the Bahamas.

“Shockingly, Defendants had been aware for months that their festival was dangerously under-equipped and posed a serious danger to anyone in attendance,” the class-action lawsuit stated.

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