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277 Fyre Festival ticket holders set to receive a pay-out of around $7,220 each  It comes after the conclusion of a $2m class action lawsuit against organizers Organizer Billy McFarland and rapper Ja Rule obtained millions in investment to promote a luxury music festival, that turned into a disaster when guests arrived The chaos of the 2017 doomed event has featured in two documentaries  McFarland was sentenced to six years in prison in 2018 on fraud charges

Fyre Festival ticket-holders win $2m settlement © Getty Images The Fyre Festival was organised by now-convicted fraudster Billy McFarland (left) and rapper Ja Rule (center) Four years after the Fyre Festival fiasco, 277 ticket-holders could see some $7,220 (£5,226) returned, thanks to a settlement in a US federal court. Organisers of the 2017 music event, which was billed as "the cultural experience of the decade", had promised a luxury two-weekend Bahamas getaway. Attendees arrived instead to find total chaos: no musical acts, no planning and only disaster relief tents to sleep in. The $...

Fyre Festival attendees to be awarded $7,220 each in $2 mn class-action settlement Firstpost 2 hours ago The New York Times © Provided by Firstpost Fyre Festival attendees to be awarded $7,220 each in $2 mn class-action settlement Nearly four years after an infamous festival that was billed as an ultraluxurious musical getaway in the Bahamas left attendees scrounging for makeshift shelter on a dark beach, a court has decided how much the nightmare was worth: approximately $7,220 apiece. The $2 million class-action settlement, reached Tuesday in US Bankruptcy Court in the ...

(The exact amount of the payout may change depending on how ongoing bankruptcy proceedings progress.) "Billy [McFarland] went to jail, ticket holders can get some money back, and some very entertaining documentaries were made," Ben Meiselas, a partner at California-based Geragos & Geragos who represented the ticket holders, told the Times. "Now that's justice." Indeed, the 2017 festival-that-wasn't has left a trail of lawsuits, criminal charges and dramatic documentaries in its wake. McFarland, who organized and promoted the event, pled guilty in 2018 to two counts of wire fraud related to...

Fyre Festival: Ticket-holders to receive money from $2m class action settlement Published image captionThe Fyre Festival was organised by now-convicted fraudster Billy McFarland (left) and rapper Ja Rule (center) Four years after the Fyre Festival fiasco, 277 ticket-holders could see some $7,220 (£5,226) returned, thanks to a settlement in a US federal court. Organisers of the 2017 music event, which was billed as "the cultural experience of the decade", had promised a luxury two-weekend Bahamas getaway. Attendees arrived instead to find total chaos: no musical acts, no planning and only dis...