StubHub hid CEO's ticket reseller ties, new class action lawsuit alleges

Louis Sanquini of New York filed a class action lawsuit against StubHub Holdings Inc. and Eric H. Baker, founder and chief executive, on July 13, 2026, alleging the company hid Baker’s financial ties to professional ticket resellers while marketing StubHub as a neutral marketplace for fans.

StubHub’s alleged ties to Andro Capital

StubHub reportedly describes itself as a marketplace where fans can buy and sell tickets. The proposed class action claims that message led consumers to believe they were buying from individual fans rather than professional resellers connected to the company’s leadership.

The lawsuit cites StubHub's filings with the U.S. Securities and Exchange Commission that describe Baker as the managing partner of Andro Capital, a professional ticket reseller that has sold tickets through StubHub since about 2008.

Those filings allegedly show StubHub earned fees from Andro’s sales, owed the reseller millions of dollars in ticket proceeds and agreed to cover certain ticket-management expenses, according to the lawsuit. StubHub also reportedly paid an Andro affiliate about $1.6 million in 2023 in connection with ticket inventory, the complaint claims. In July 2024, StubHub allegedly entered into an agreement with another Andro affiliate, Colloquy Capital, to refer certain sellers for short-term financing tied to ticket-sale proceeds on the platform.

Sanquini claims StubHub didn't disclose those relationships at checkout, in its marketing or in its terms of service.

Sanquini's experience

Sanquini allegedly purchased four tickets through StubHub in September 2024 for a New York Red Bulls match against New York City FC, paying $207.82, including $76.34 in service and delivery fees. He says he also bought two tickets for a December 2023 KISS concert at Madison Square Garden and received and used both sets.

The class action lawsuit claims Sanquini would not have used StubHub, or would have paid less, had he known about Baker’s alleged interest in Andro and StubHub’s financial ties to professional resellers.

The legal claims

The lawsuit brings four counts against StubHub and Baker:

  • Fraudulent concealment and misrepresentation, alleging the defendants hid Baker’s financial interest in Andro Capital while portraying StubHub as a neutral fan marketplace
  • New York General Business Law Sections 349 and 350 and California’s Unfair Competition Law, consumer protection laws that prohibit deceptive business practices and false advertising
  • Unjust enrichment, a claim that the defendants unfairly kept fees, commissions and other benefits from ticket purchases
  • Breach of the implied covenant of good faith and fair dealing, alleging StubHub undermined its agreements with buyers by favoring sellers tied to its chief executive

What the lawsuit means for StubHub buyers

The lawsuit seeks to represent people in the United States who bought tickets through StubHub during the period allowed by law and received and used them.

StubHub processed about $9.2 billion in ticket transactions in 2025, and the proposed class could include thousands or millions of purchasers, the lawsuit claims.

The complaint seeks compensatory, statutory and restitutionary damages of more than $5 million. It also seeks interest, attorneys’ fees and a court order requiring the defendants to disclose material related-party relationships to consumers.

There is no settlement, claims process or money available at this time.