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In re Lyft Inc. Securities Litigation

  1. May 15, 2020

    Lyft Argues IPO Docs Are Airtight In Seeking To Squash Suit

    Ride-sharing giant Lyft has sought to end shareholders' proposed class action accusing the company of misleading prospective investors in the lead-up to its March 2019 initial public offering, telling a California federal judge it had carefully adhered to federal guidelines with its registration documents.

  2. March 04, 2020

    Block & Leviton Scores Lead In Lyft Investors' Stock-Drop Suit

    A California federal judge on Wednesday tapped Block & Leviton LLP to lead a proposed securities class action accusing Lyft Inc. of overstating its business prospects and hiding problems with its bike-share fleet ahead of its $2.3 billion initial public offering last year.

  3. July 31, 2019

    Investors Argue Over Lead Plaintiff Role In Lyft IPO Suit

    Several Lyft Inc. investors squabbled over who should be appointed lead plaintiff in their proposed class action accusing the ride-hailing company of covering up problems with its new bike-sharing fleet ahead of its initial public offering, each arguing that they had the largest financial interest.

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