On August 20, 2021, the Northern District of California certified a class of those who "purchased or otherwise acquired the common stock of Lyft issued and traceable to [Lyft's] IPO Registration Statement." The Court also appointed Block & Leviton as class counsel. Additional information for class members will be made available soon.
Media Coverage
- Lyft Shareholders Win Class Status in Suit Over IPO Disclosures (Bloomberg Law, August 24, 2021)
- Lyft shareholders win class status in IPO lawsuit (Reuters, August 23, 2021)