L.A. Suit Claims Firms Scalped Oscar Tickets for Up to $85,000 Each

A lawsuit claims two companies scalped tickets to this year's Academy Awards ceremony for as much as $85,000 each.

The Academy of Motion Picture Arts and Sciences filed the suit Tuesday in Los Angeles against Red Baron Records and Millionaire's Concierge.

The two companies didn't immediately return e-mailed requests for comment.

The suit claims Anaheim-based Red Baron worked through an Australian company to sell five tickets to the Feb. 24 show for $85,000 each.

The suit also claims the head of Florida-based Millionaire's Concierge offered to sell an undercover investigator two Oscar tickets for $23,000 each.

The legal action accuses the firms of inducing breach of contract and trespassing.

Oscar guests must sign a contract promising they won't give away or sell their tickets. But the suit contends some guests do sell to brokers for tens of thousands of dollars.