Lyft

Lyft Amplifies Global Reach with €175 Million Acquisition of FreeNow, Tapping into European Ride-Hailing Market

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Berlin, Germany — Lyft has completed the acquisition of German-based Intelligent Apps GmbH, the operator of the FreeNow taxi and ride-hailing service, in a deal valued at €175 million. This significant move marks Lyft’s entry into the European market, allowing it to tap into a ride-sharing sector that encompasses multiple countries, including Germany, the United Kingdom, Ireland, Austria, France, Italy, Greece, Poland, and Spain. The transaction, which was facilitated by law firms Baker & McKenzie and Abreu Advogados, involved extensive legal support covering various areas including corporate law, mergers and acquisitions, and intellectual property rights. … Read more

Lyft Pushes for Arbitration Amid Legal Battle, Plaintiff Challenges Discrepancy in Agreement Terms

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San Francisco, CA — Lyft Inc. is currently seeking to enforce arbitration in response to a lawsuit that challenges the very nature of its arbitration agreement. The plaintiff in the case has countered, arguing that the particulars of the incident at issue do not align with the terms outlined in the company’s standard arbitration clause. The dispute centers around an allegation by the plaintiff, whose identity remains undisclosed due to the sensitive nature of the claim, suggesting a severe disconnect between the events described and the provisions stipulated for dispute resolution by Lyft. Legal experts … Read more

Shocking Commute: NJ Woman Sues Lyft After Driver’s Lewd Act in Manhattan Traffic

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New York — In a disturbing incident highlighting concerns about rider safety in ride-sharing services, a New Jersey woman has filed a lawsuit against Lyft, alleging that her driver engaged in lewd behavior during her commute to work. The lawsuit claims the driver exposed himself and urinated in a container while operating the vehicle on a Manhattan roadway in March. The legal complaint, filed in Manhattan Supreme Court, details the distressing experience of the plaintiff, identified only as Jane Doe, who was traveling from her home in Fort Lee, New Jersey, to her job at … Read more

Uber and Lyft Agree to $175 Million Settlement with Massachusetts, Commit to Hourly Minimum Pay and Employee Benefits for Drivers

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BOSTON — Uber Technologies and Lyft have settled a lawsuit with the Massachusetts Attorney General Andrea Joy Campbell, agreeing on Thursday to upgrade their drivers’ compensation and benefits in a significant shift away from their traditional business models. The companies will now implement a $32.50 hourly minimum wage for their Massachusetts drivers and will pay a combined $175 million to resolve claims they had misclassified workers as independent contractors. Under the terms of this landmark agreement, the rideshare giants will also introduce new benefits for drivers including paid sick leave, accident insurance, and healthcare stipends. … Read more