Lyft, Inc. (NASDAQ: LYFT)

DEFENDANT NAME: Lyft, Inc.
STOCK SYMBOL: NASDAQ: LYFT
CASE NUMBER:
CASE NAME:
COURT: Superior Court of the State of California for San Francisco County
PRACTICE AREA: Investor Fraud
STATUS: Investigation
CLASS PERIOD:
LEAD PLAINTIFF DEADLINE:
DATE FILED:
COURT LOCATION:
RELATED DOCUMENTS:
CONTACT:
510-725-3000 LYFT@hbsslaw.com

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Hagens Berman Sobol Shapiro LLP alerts investors in Lyft, Inc. (NASDAQ: LYFT) to the firm's investigation into possible securities law violations.

If you purchased or otherwise acquired securities of LYFT and suffered losses in excess of $100,000 contact Hagens Berman Sobol Shapiro LLP.  For more infomation contact Reed Kathrein, who is leading the firm's investigation, by calling 510-725-3000 or emailing LYFT@hbsslaw.com.

According to the complaint, during Lyft’s initial public offering (“IPO”) Defendants misled investors by overstating Lyft’s ridesharing market position compared to similar data contained in its competitor’s (Uber Technologies, Inc.) upcoming IPO materials.


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04/19/19: Investigation