FTC Hands Lyft $2.1M Fine for Misleading Drivers on Pay
Lyft joins Uber, which was also handed a multi-million fine for failing to be transparent with workers about their true earning potential.
Lyft agrees to pay $2.1 million penalty after FTC says company made 'deceptive' claims about how much drivers can earn
The US Department of Justice filed a lawsuit against Lyft on Friday, and the rideshare company agreed to a proposed settlement that same day.
Lyft ordered to scale back its promises about driver earnings
The Federal Trade Commission is taking action against Lyft for misleading drivers about how much they could earn per hour and with special incentives. Lyft has agreed to a settlement that requires its future earnings claims to be based on actual typical ...
Lyft to pay Federal Trade Commission $2.1M for misleading drivers about pay
NEW YORK (WABC) -- Lyft will now have to pay a $2.1 million settlement with the Federal Trade Commission for misleading drivers about their pay. The case stems from ads to recruit drivers that the rideshare company placed and highlighted specific hourly amounts.
Lyft Agrees To Pay $2.1 Million To Settle Allegations It Duped Drivers By Exaggerating Earnings
It is illegal to lure workers with misleading claims about how much they will earn on the job,' said Federal Trade Commission Chair Lina Khan
Lyft told drivers they could make more than $30 an hour. The FTC says it deceived them.
Lyft made “deceptive” earnings claims about how much money drivers could expect to make per hour and how much they could earn in special incentives, the Federal Trade Commission said Friday in announcing a settlement with the ride-hailing company.
Lyft to pay $2.1 million fine to settle US charges it inflated drivers' earnings prospects
Lyft agreed to pay a $2.1 million civil fine to settle U.S. Federal Trade Commission charges it misled prospective drivers about how much money they might earn working for the ride-hailing company.
FTC hits Lyft with $2.1M penalty for luring drivers with false earnings claims
Lyft has agreed to a $2.1 million settlement proposed by the FTC over the car-hailing company's "deceptive earnings claims about how much money drivers
Lyft pays $2.1M to settle FTC claims over ‘deceptive earnings’
The Federal Trade Commission said it is taking action against Lyft (LYFT) “for making deceptive earnings claims about how much money
Lyft fined $2.1 million for misleading ads about how much drivers could make
The Federal Trade Commission (FTC) announced Friday that rideshare company Lyft has agreed to pay $2.1 million as part of a proposed settlement that requires it to change how it advertises driver pay.
Lyft will have to tell drivers how much they can truly earn, with evidence
Lyft has agreed to to tell its drivers how much they can truly earn on the ride-hailing platform — and back it up with evidence — as part of its settlement for a lawsuit filed by the US Justice Department and the Federal Trade Commission.
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Lyft agrees to a $2 million settlement for falsely advertising to drivers and inflating its pay structure
Now, according to Tech Crunch, Lyft has agreed to a $2.1 million settlement with the Federal Trade Commission.
Lyft (NASDAQ:LYFT) Price Target Raised to $13.00
Lyft (NASDAQ:LYFT – Free Report) had its price objective boosted by UBS Group from $12.00 to $13.00 in a research note published on Friday morning, Benzinga reports. They currently have a neutral ...