Investors Call Lyft's Bid To Exit IPO Suit A 'Red Herring'

By Jasmin Jackson (June 12, 2020, 5:42 PM EDT) -- Peeved stockholders argued Thursday that ride-hailing app Lyft can't escape their claims that it wiped out nearly $600 million in investments with misleading statements leading up to its March 2019 initial public offering, calling the company's bid to shake the suit a "red herring."...

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