Fyre Festival investors and attendees are starting to pick up the pieces after the would-be festival filed for bankruptcy. According to a report from Forbes, Kendall Jenner settled a lawsuit that alleged she mislead her 129 million Instagram followers. The original legal filing sought to collect $275,000 from the model and the $90,000 that she ended up paying will needs to be approved by a judge, the Wall Street Journal adds, and seeks to avoid any additional "time and money on litigation."
Forbes adds in total, Fyre Festival investors lost $26 million. The U.S. Attorney’s Office states that attendees paid between $500 to over $250,000 for tickets and were promised music performances, luxury accommodations, and gourmet food. Instead, they arrived in Fyre Cay and were met with "FEMA tents and cheese sandwiches in foam containers."
None of the promised performers arrived and the incident lead to two different documentaries, Netflix's FYRE: The Greatest Party That Never Happened and Hulu's Fyre Fraud. Billy McFarland, the festival's founder, is currently serving jail time for multiple accounts of fraud and the festival organizers are facing multiple lawsuits (he pleaded guilty to wire fraud charges).
Lawyers claim that Jenner's involvement — two Instagram posts — "intentionally led certain members of the public and ticket purchasers to believe" that Kanye West would perform. Court documents state that Jenner was paid $250,000 for a single post about the festival, plus an additional $25,000 after her post went live.
"So hyped to announce my G.O.O.D Music Family as the first headliners for @fyrefestival," her now-deleted post read. "Use my promo code KJONFYRE for the next 24 hours to get on the list for the artists and talents afterparty on Fyre Cay."
While Jenner has settled her lawsuit, other big names, including Blink-182 and Pusha T, are still embroiled in legal troubles. Jenner and the other entertainers are being sued because of bankruptcy regulation, which allows trustees to get money back from payments made before the bankruptcy filings were submitted. Fyre Festival trustees will undoubtedly try to collect as much money as possible to pay back the $26 million. Courts ordered McFarland to pay restitution on the amount, though it's unclear how much cash the legal teams will be able to scrape together.