Lyft lured drivers by advertising eye-catching earnings — up to $43 an hour in L.A. — but only 1 in 5 drivers were actually making these rates, the FTC said ...

The US Department of Justice filed a lawsuit against Lyft on Friday, and the rideshare company agreed to a proposed ...

The Federal Trade Commission (FTC) announced Friday that rideshare company Lyft has agreed to pay $2.1 million as part of a ...

The Federal Trade Commission has initiated a significant lawsuit against Lyft, alleging that the rideshare company engaged in ...

Lyft pays $2.1M penalty for misleading driver earnings claims, with a DOJ and FTC settlement requiring truthful advertising.

“It is illegal to lure workers with misleading claims about how much they will earn on the job,” said FTC Chair Lina M. Khan.

According to the FTC, Lyft deceived drivers about how much they could make per hour by featuring hourly earnings based on the top 20% of drivers, which meant most drivers were unlikely to earn the ...

After the Federal Trade Commission (FTC) filed a lawsuit against Lyft, claiming the company used deceptive advertising practices to mislead drivers about their potential earnings, the rideshare giant ...

The Federal Trade Commission is taking action against Lyft for misleading drivers about how much they could earn per hour and ...

In the stipulated order entered today by the federal district court, Lyft is required to pay a $2,100,000 civil penalty. The order also enjoins Lyft from making any misrepresentations regarding driver ...

Lyft LYFT4.63%increase; green up pointing triangle agreed to pay a $2.1 million civil penalty to resolve a lawsuit brought by the Federal Trade Commission that accused the company of using ...

Lyft has agreed to disclose to drivers how much they can earn based on typical earnings and to back up its claims with ...