Lyft Lawsuit 2025

Lyft Lawsuit 2025. Lyft has agreed to pay $25 million to settle shareholders' allegations that it failed to disclose safety issues in its initial public offering (ipo) paperwork. Federal trade commission (ftc) over allegedly inflating driver earnings prospects in advertisements during 2021 and 2022.


Lyft Lawsuit 2025

This settlement will have no material impact on lyft’s expectations for. In november, uber and lyft agreed to a $328 million settlement for not properly paying drivers for years.

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