SOURCE: TicketNetwork / Ticket Software LLC

TicketNetwork / Ticket Software LLC

April 07, 2011 11:29 ET

TicketNetwork Sues The Bushnell Center's CEO & President for Defamation

Suit Claims David Fay Deliberately Provided False, Inaccurate Statements on the Record

VERNON, CT--(Marketwire - April 7, 2011) - TicketNetwork, the leading online ticket exchange for events and innovative technology solutions provider for both ticket buyers and sellers, filed suit today in Connecticut Superior Court against the President and CEO of The Bushnell Center for Performing Arts for making defamatory remarks about TicketNetwork.

"David Fay made multiple, false statements about TicketNetwork and tried to mislead Connecticut legislators on a bill that is designed to protect the rights of ticket buying consumers," said Don Vaccaro, CEO, TicketNetwork. Fay made several defamatory remarks about TicketNetwork and Donald Vaccaro while testifying before the General Law Committee of the Connecticut General Assembly about a proposed ticket bill that would keep venues like The Bushnell from limiting the transfer or resale of event tickets from one person to another.

Fay later made similar statements to a Manchester, Connecticut newspaper. His comments included false statements that suggested that TicketNetwork uses computers to put tickets on "hold" to resell at inflated prices. TicketNetwork is an electronic marketplace that connects ticket buyers and ticket sellers. TicketNetwork itself does not buy, hold, or set the resale prices of any tickets.

"I think The Bushnell is a wonderful cultural institution," Vaccaro said. "Under Fay's executive direction, The Bushnell has undertaken the management of Rentschler Field and the SS&C SummerWind Performing Arts Center, as well as the lucrative ticketing contracts that each venue carries," added Vaccaro. But since this institution is highly respected and influential, Vaccaro believes The Bushnell's CEO should be held to a higher standard of conduct. "I would expect more from the largest arts organization in Connecticut, and a non-profit executive," Vaccaro added.

About TicketNetwork
TicketNetwork hosts the leading online marketplace for event tickets to concert, sport, and theater events around the country and the world. Through our vast network of websites, we connect buyers and sellers from around the country, with ticket inventory listings to more than 80,000 events worldwide. Our company's flagship software product, TicketNetwork® Point-of-Sale, powers real-time ticket transactions through our Online Exchange, making it the leading innovative software platform in the secondary ticket industry. Our signature retail website TicketNetwork.com is both Payment Card Industry (PCI) and EVSSL-certified, ranking it among the top secure sites for event tickets in the secondary market. TicketNetwork, Inc. subsidiaries include Ticket Software LLC, TicketLiquidator.com, and TicketNews. TicketNetwork was founded in 2002 and is headquartered in Vernon, Connecticut.

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