On or around 07/30/2019 (Ongoing date of last review)
Filing Date: May 17, 2019
According to the Complaint, Lyft is a ridesharing company.
The Complaint alleges that Defendants made false and misleading statements in Lyft’s registration statement and prospectus issued in connection with the company’s March 29, 2019 initial public offering. The alleged misstatements involve Lyft’s claims about its domestic market share, failure to disclose issues surrounding the safety of the company’s bike sharing program, and labor issues.
On July 25, 2019, the Court issued an Order consolidating cases.
Company & Securities Information
Defendant: Lyft, Inc.
Industry: Business Services
Headquarters: United States
Ticker Symbol: LYFT
Company Market: NASDAQ
Market Status: Public (Listed)
About the Company & Securities Data
"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.
In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
First Identified Complaint
Matias Malig, as Trustee for the Malig Family Trust, et al. v. Lyft, Inc. et al.
COURT: N.D. California
DOCKET #: 19-CV-02690
JUDGE: Hon. Haywood S Gilliam, Jr.
DATE FILED: 05/17/2019
CLASS PERIOD START: 03/28/2019
CLASS PERIOD END: 05/17/2019
PLAINTIFF FIRMS NAMED IN COMPLAINT:
Block & Leviton LLP 155 Federal Street, Suite 1303, Block & Leviton LLP, MA 02110 (617) 398-5600 (617) 507-6020 ·
RM Law, P.C. 1055 Westlakes Drive, Suite 3112, RM Law, P.C., PA 19312 (484) 324-6800 ·
First Identified Complaint (FIC) Filings:
Class Action Complaint for Violations of Federal Securities Laws
Related Case Order
Order Consolidating Cases
U.S. District Court Civil Docket
—Reference Complaint Complaint Related Data is not available
Related District Court Filings
—Related District Court Filings Data is not available