Le Lézard
Classified in: Transportation
Subject: ATY

LYFT INVESTIGATION ALERT: Hagens Berman Alerts Lyft, Inc. (LYFT) Investors to the Firm's Investigation of Possible Securities Law Violations, Encourages Investors Who Suffered Losses in Excess of $100,000 to Contact the Firm


SAN FRANCISCO, April 19, 2019 /PRNewswire/ -- Hagens Berman Sobol Shapiro LLP, with offices in 9 cities around the country and 80 attorneys, alerts investors to the firm's investigation of possible securities law violations by Lyft, Inc. (NASDAQ: LYFT), senior management, and underwriters of Lyft's initial public offering ("IPO").

Hagens Berman Sobol Shapiro LLP (PRNewsfoto/Hagens Berman Sobol Shapiro LLP)

If you purchased or otherwise acquired Lyft securities, suffered losses in excess of $100,000 and wish to learn more about the investigation, contact Hagens Berman for more information:

https://www.hbsslaw.com/cases/LYFT

or contact Reed Kathrein, who is leading the firm's investigation, by calling 510-725-3000 or emailing

[email protected].

The firm's investigation concerns whether the Company misled investors by overstating Lyft's ridesharing market position and whether the Company's IPO data can be squared with similar data contained in its competitor's (Uber Technologies, Inc.) upcoming IPO materials.

Whistleblowers:  Persons with non-public information regarding Lyft should consider their options to help in the investigation or take advantage of the SEC Whistleblower program.  Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC.  For more information, call Reed Kathrein at 510-725-3000 or email [email protected].

About Hagens Berman
Hagens Berman is a national investor-rights law firm headquartered in Seattle, Washington with 80 attorneys in 9 offices across the country.  The Firm represents investors, whistleblowers, workers and consumers in complex litigation.  More about the firm and its successes can be found at www.hbsslaw.com.  For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.

Contact:
Reed Kathrein, 510-725-3000

 

SOURCE Hagens Berman Sobol Shapiro LLP


These press releases may also interest you

at 20:35
Bristow Group Inc. , the global leader in innovative and sustainable vertical flight solutions, today announced it will release its first quarter 2024 financial results and selected financial outlook for 2025 and 2026 after market close on Tuesday,...

at 19:00
Autohome Inc. ("Autohome" or the "Company"), the leading online destination for automobile consumers in China, today announced that it will hold its annual general meeting of shareholders (the "AGM") at 18th Floor Tower B, CEC Plaza, 3 Dan Ling...

at 18:40
Bus drivers at All-Star Transportation, a subsidiary of Student Transportation of America, in Wolcott have voted overwhelmingly to join Teamsters Local 671. The 37 new Teamsters provide student transportation for Wolcott Public Schools....

at 17:52
The Board of Directors of Matson, Inc. , a leading U.S. carrier in the Pacific, today declared a second quarter dividend of $0.32 per common share.  The dividend will be paid on June 6, 2024 to all shareholders of record as of the close of business...

at 17:34
The 2nd Annual 5K at the Runway at Ontario International Airport (ONT) raised more than $32,000 for the USO to help further the organization's support of military servicemembers traveling through the popular aviation gateway....

at 17:13
Ontario International Airport (ONT) on Thursday (April 25) celebrated the grand opening of its newest restaurant, Mi Casa Cantina, part of the popular Southern California airport's transformation of its food and beverage concessions in partnership...



News published on and distributed by: