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Story summary
- A class-action lawsuit claims StubHub concealed CEO Eric Baker’s conflict of interest.
- The September 2025 $758 million IPO filing disclosed Baker’s stake, a referral deal with Colloquy Capital, and Andro Capital’s $5 million earnings since 2022.
- Plaintiff Louis Sanquini alleges StubHub hid the conflict while marketing a neutral marketplace and seeks fraud and consumer-protection damages.
- StubHub, listed at $23.50 per share after its September 2025 IPO, declined comment and said disclosures were complete.
