The lawsuit filed in Washington says Vienna, Va.-based Envision EMI promised middle, high school and college students across the country special access to the inauguration, parade and a black tie inaugural ball on Jan. 20.

But the lawsuit, filed by attorneys of two students, says once the students got to Washington, they had no tickets for the inauguration or parade. And the balls they attended were not official events connected to the inauguration.

Envision, a for-profit company that reportedly brought in $40 million from the inaugural sales, has said it would refund students $1 million. But the lawsuit says that would only reimburse each attendee about $65. The students were charged $2,380 to $2,620 and also had to pay for travel to Washington, formal wear for the ball and in some cases extra meals not included in the base cost.

"These kids took odd jobs and raised funds from family, friends and strangers in order to participate in the defendants' inaugural youth conference to eyewitness a truly historical event," said Bernard DiMuro of DiMuroGinsberg PC, which filed the lawsuit jointly with another law firm, Hausfeld LLP. "Instead all they saw was the inside of a bus or were dropped off near the Washington Monument to fend for themselves."