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News & Press

Lyft reaches $25 million settlement to resolve shareholder claims it hid safety problems prior to IPO

A recent article published by Reuters reports that Lyft Inc has reached a $25,000,000 settlement to resolve claims by shareholders that the company concealed safety problems, including sexual assaults by drivers, before its initial public offering in 2019. Filed on Thursday, June 16, 2022, the preliminary all-cash settlement requires approval by U.S. District
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Teens & Ridesharing

Parents across the country rely on ride share companies to chauffeur their children. Whether it is a ride to and from school, across town for after school activities such as work, or just to visit a friend’s house, many teenagers are using Lyft and Uber as their primary means of transportation when
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