Lyft settles a lawsuit for $2.1 million over misleading earnings claims made to drivers.

Lyft has agreed to a $2.1 million settlement for a lawsuit claiming it misled drivers about potential earnings during the pandemic. The lawsuit alleged that Lyft inflated earnings figures based on the top 20% of drivers, creating unattainable expectations for many. The settlement includes a prohibition on misleading practices. Lyft, now led by CEO David Risher, has already amended some of its advertising practices following investigations by the Justice Department and FTC.

November 01, 2024
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