Deal-making has slowed in recent years, largely due to high interest rates, soaring company valuations and a tight regulatory ...

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 ...

Lyft (LYFT) announced plans for multiple autonomous vehicles, or AV, partnerships to connect the Lyft community with future AV rides in the ...

But, according to the U.S. Department of Justice and the Federal Trade Commission, Lyft inflated the potential pay for drivers in such ads, in internet-search responses, and in posts on internet job ...

Lyft Inc. has agreed to pay $2.1 million in civil penalties to resolve allegations of making false and misleading statements about driver earnings, according to the ...

FacebookYouTube Screenshots The Justice Department, together with the Federal Trade Commission (FTC), Friday announced that ...

The Justice Department and the Federal Trade Commission Friday announced that Lyft Incorporated has agreed to resolve ...

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

The Federal Trade Commission has taken action against Lyft for deliberately misleading drivers about potential earnings. This ...

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

Lyft has agreed to revise its earnings claims and improve transparency regarding driver pay after settling a lawsuit with the ...

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