Lyft

Class-Actions Jun 24, 2019

CLASS ACTION UPDATE for LYFT, XENT and ZUO: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

NEW YORK, NY / ACCESSWIRE / June 24, 2019 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court and further details about the cases can be found at the links provided. You have until the lead …

News May 15, 2017

Waymo Stabs Uber With Lawsuit Knife and Twists It With Lyft Partnership

It seems Google’s self-driving car division is not content with simply putting Uber out of business. Adding insult to injury, Waymo just announced a partnership with Lyft while its lawsuit with the bigger cab-hailing firm is still in ongoing. The collaboration obviously involves self-driving cabs, which Uber has been trying to get ahead of.

Logan Green, co-founder and CEO Lyft, displayed his company's ‘glowstache’ during a launch event in San Francisco last year.

Settlements Mar 17, 2017

Lyft Will Settle California Drivers’ Lawsuit for $27 Million

The California drivers filed the lawsuit for the right to be classified as employees, but they unfortunately failed to achieve that goal. Lyft claims a recent survey revealed that 80 percent of its drivers prefer to be independent contractors due to the flexibility it allows. But the plaintiffs filed the lawsuit, because as employees, Lyft would have been required to pay for their gas and …

Lawsuits Sep 16, 2016

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” …

Legal News Aug 19, 2016

Judge Rejects Uber’s $100 Million Settlement With Drivers

A US district judge has rejected a proposed $100 million settlement in a pair of class action lawsuits filed in California and Massachusetts, saying the proposed settlement was neither fair nor adequate. “The settlement, mutually agreed by both sides, was fair and reasonable,” said Uber in a statement. “We’re disappointed in this decision and are taking a look at our options.”

Lawsuits Apr 13, 2016

Federal Appeals Court Allows Uber to Appeal Approval of Class Action

The US Court of Appeals for the Ninth Circuit [official website] on Tuesday agreed to hear an appeal by Uber of a federal district court order that certified a class of nearly 160,000 drivers in California who challenge their status as independent contractors. Uber’s attorneys argue that the drivers signed away their right to participate in class-action …

News Apr 13, 2016

Judge Denies Proposed $12.25 Million Settlement in Lyft Class-Action Suit

A federal judge on Thursday denied approval of a proposed settlement in a class-action suit against ride-hailing company Lyft, saying the $12.25 million deal “shortchanged” drivers by potentially half the sum they deserve. U.S. District Judge Vince Chhabria said in a San Francisco court filing that the sum “does not fall within the range of reasonableness” and asked attorneys to …

Lawsuits Apr 13, 2016

Uber May Be the Ridesharing Goliath in the US, but Internationally It’s Become a Wounded, Whining David

Yesterday, the coalition of billionaires and entrepreneurs wanting to destroy Uber launched an already promised service: The ability for Lyft to fulfill rides booked via Didi Kuaidi’s app in the United States. It’s the first step in an ambitious plan where Grab, Ola, Didi, and Lyft– the four major Uber spoilers in the world– will work together to provide a global ride sharing solution. It’s …

News Apr 13, 2016

It’s Back to the Drawing Board for Lyft Class Action Settlement

When the ride-hailing company Lyft agreed to settle a proposed class action with its drivers, commentators noted that the tech company was getting off easy. For $12.5 million and some small concessions that did not include classifying drivers as employees, Lyft could have escaped a major challenge to its business model. Except, just a few months after the deal was struck, a federal judge …

Settlements Apr 9, 2016

Judge Denies Lyft’s $12 Million Settlement With Drivers

A federal judge has rejected Lyft Inc.’s proposed $12.25 million settlement to resolve a case filed by California drivers over their status as independent contractors of the ride-hailing service. In a ruling Thursday, Judge Vince Chabria of California’s Northern District said the settlement amount shortchanged drivers’ mileage expenses …