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Lyft Wants Calif. State IPO Suit Scrapped In Light Of Fed. Case

By Hannah Albarazi (February 11, 2021, 9:34 PM EST) -- Lyft urged a California state judge Thursday to dismiss investors' "woefully inadequate" claims that it wildly overstated its market share and hid potential liabilities from riders' sexual assault allegations ahead of its initial public offering, arguing that it is already litigating nearly identical claims in federal court....

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