Form 8-K Lyft, Inc. For: Sep 30

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Go back to Form 8-K Lyft, Inc. For: Sep 30

Lyft reaches $272.5M settlement over California driver classification

October 1, 2026 6:08 AM EDT

Lyft, Inc. (NASDAQ: LYFT) reached a settlement agreement on September 30, 2026, to resolve allegations that it misclassified drivers in California as independent contractors, agreeing to pay $272.5 million inclusive of attorneys' fees, costs, and expenses.

The settlement was reached with the State of California, represented by the California Attorney... More