New Jersey Attorney General Peter C. Harvey has announced a lawsuit accusing a Florida-based company of charging a 275% markup on tickets to a Bruce Springsteen holiday concert last December.

New Jersey Attorney General Peter C. Harvey has announced a lawsuit accusing a Florida-based company of charging a 275% markup on tickets to a Bruce Springsteen holiday concert last December.

The lawsuit, filed in state Superior Court in Newark, N.J., accuses Gulf Coast Tickets of reselling $100 tickets to the concert, a benefit played in Asbury Park, for $375 each. The lawsuit says an undercover agent from the state Division of Consumer Affairs bought four tickets for a total of $1,500.

New Jersey state law allows a 50% markup for resale of concert tickets. The lawsuit, which seeks restitution, penalties and costs, also charges Gulf Coast with selling tickets to a New Jersey event without having an in-state business address, and with failing to disclose a service charge.

In a statement, Harvey said the company had tried to "cash in illegally on Bruce Springsteen's popularity and benevolence."

Harvey said Gulf Coast, also known as First Choice Tickets, had offices in Shelton, Conn., and Panama City, Fla., though the company wasn't listed in directory information under either name.


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