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Lyft Sued for Millions for Allegedly Overcharging New Yorkers

A potential class-action lawsuit filed earlier this week in New York City claims Lyft has regularly overcharged riders for tolls there and seeks nearly $60 million in damages. In court documents submitted to the U.S. District Court for the Southern District of New York, attorneys Neal Bhushan and Kevin Caldwell argue the ride-hailing service made a habit of charging passengers the higher “cash” …



Lumber Liquidators Posts Wider-Than-Expected Quarterly Loss; Creates Settlement Fund

Lumber Liquidators reported a wider-than-expected first-quarter loss and sales declined for a fifth straight quarter as the Toano-based flooring company spends heavily to put behind it damaging reports on potentially dangerous products imported from China. The company will contribute $26 million and a million of its shares to a settlement fund to resolve a related class action. That follows an …