Have you gotten an email from the Schlesinger v. Ticketmaster Settlement Administrator?

It’s not spam, it’s payback.

More than a decade after the class-action lawsuit Schlesinger v. Ticketmaster was originally filed, over exorbitant fees for things like “order-processing” and shipping costs that profited the ticket giant, concert-goers are receiving a small piece of the $400 million settlement.

Currently, instructions for reclaiming Ticketmaster credits are being emailed out to 50 million people who purchased a ticket on Ticketmaster’s website between October 21, 1999, and February 27, 2013.

If you haven’t received an email, you can check your Ticketmaster account starting on June 18 to get a discount code, of $2.25 off a future ticket, for each Ticketmaster purchase made in that time period.

If UPS delivered your ticket(s) during that time period, you’ll receive one discount code per transaction that will take $5.00 off a future UPS charge.

Keep in mind, there’s a maximum of two discount codes per transaction, and in both of the above cases, you can only receive up to 17 codes.

You’ll also receive ticket codes that could potentially be redeemed for free concert tickets in roughly a year, but this only happens if class members don’t use up a certain amount of the discount codes. If that shortfall occurs, you could receive two free tickets to concerts at venues operated by Live Nation (which bought Ticketmaster in 2009).

For more information about redeeming ticket codes, go here.

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