A class action lawsuit filed by ticket-holders of the ill-fated Fyre Festival can go forward for now, a judge ruled, while also tossing the fraud claims against rapper and festival promoter Ja Rule.
Federal Judge Kevin Castel ruled that Ja Rule, real name Jeffrey Atkins, and the Fyre Festival's chief marketing officer, Grant Margolin, could not have known the festival was going to devolve into chaos when they were promoting it to wealthy attendees and social-media influencers. He gave plaintiffs three weeks to provide new evidence that Rule and Margolin were party to anything more than marketing "puffery."
Ja Rule was a regular presence in the months leading up to Fyre, alongside Billy MacFarland, the Fyre Festival organizer who is now serving a six-year fraud sentence. The two were captured on video in dueling documentaries on Netflix and Hulu boasting about the success of the 2017 concert in the Bahamas, even in the 24 hours leading up to it, when it became obvious to even casual observers that the festival was doomed.
Judge Castel wrote: "There is no assertion that the Festival when first conceived or introduced to the public was intended not to go forward or that defendants intended not to perform by organizing the advertised amenities and accommodation."
Ja Rule's freedom from legal entanglement with the Fyre Festival may help him as he embarks on his latest business endeavor: a music festival that he says he wants to be just like Fyre, only functional.
ReturnPro CEO Sender Shamiss to discuss how his company is changing the way we make returns and how Trump's tariffs are affecting the return business. Watch!
Chris Beauchamp, Chief Market Analyst at IG International, joins J.D. Durkin to give analysis on the recent trade truce between the U.S. and China. Watch!
Shan Aggarwal, VP of Corporate and Business Development at Coinbase, discusses the company's acquisitio of Deribit as it heads into the S&P 500. Watch!
Shopping expert Trae Bodge discusses how talks between the U.S. and China is good news for now, but uncertainty remains for back-to-school and the holidays.
Jake Traylor, White House reporter at Politico, joins Cheddar to discuss how Trump is aiming to lower drug prices and how it differs from Biden's approach.
DJ X, alongside Molly Holder, Senior Director of Product Personalization, takes us inside Spotify's A.I. DJ and how it's the best new way to listen to music.
Sheryl Palmer, CEO of Taylor Morrison, talks tariff uncertainty, being a female leader in a male dominated industry and what homebuyers need to know. Watch!