Lyft Inc. Class A Common Stock (NASDAQ: LYFT)
According to the Complaint, Lyft is a ridesharing company.
The Complaint alleges that Defendants made false and misleading statements in Lyft's registration statement and prospectus issued in connection with the company's March 29, 2019 initial public offering. The alleged misstatements involve Lyft's claims about its domestic market share, failure to disclose issues surrounding the safety of the company's bike sharing program, and labor issues.