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NY Attorney General announces $328 million in settlement funds from Uber and Lyft for ‘stealing earnings’

Lyft,Markets,Uber,Banking And Finance

From the Left

Thousands of rideshare drivers in New York may be eligible to receive significant back pay from Uber and Lyft as part of a settlement announced by the state attorney general on Thursday. New York Attorney General Letitia James announced two settlement funds totaling $328 million with rideshare companies Uber and Lyft for allegedly “cheating drivers out of hundreds of millions of dollars” in earnings, according to a statement from her office. The settlements come as the result of multi-year investigations from the state attorney general’s office into Uber and Lyft,...

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