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Lyft Inc Cl A(LYFT-Q)
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Lyft pays US$2.1-million to settle case alleging the ride-hailing service deceived drivers

The agreement resolves a case filed by the U.S. Justice Department a week ago in San Francisco federal court on Oct. 25 – the same day that Lyft disclosed it had negotiated the terms of the settlement revolving around the same issues with the Federal Trade Commission
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Why Lyft Stock Was Soaring Today
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Lyft (LYFT) Stock Trades Up, Here Is Why
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Lyft (LYFT) Q3 2024 Earnings Call Transcript
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Lyft’s (NASDAQ:LYFT) Q3: Beats On Revenue, Stock Jumps 18.3%
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Lyft (LYFT) Reports Q3: Everything You Need To Know Ahead Of Earnings
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Lyft pays US$2.1-million to settle case alleging the ride-hailing service deceived drivers
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Profile

Lyft, Inc. is a ride-share company operating a transportation platform that connects passengers with drivers in the US and Canada. Their offerings include an expanded set of transportation modes, such as access to a network of shared bikes and scooters for shorter rides and first-mile and last-mile legs of multimodal trips. They have also added information about nearby public transit routes in select cities to offer riders a robust view of transportation options. Their multimodal platform enables TaaS, which they believe offers a viable alternative to car ownership.

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