An error in a recent Lyft earnings release about a key profit metric has prompted a shareholder lawsuit. The mistake disclosed at 4:05 p.m. EST triggered a buying frenzy that caused Lyft's share price to rise 67% in a half-hour https://t.co/plvQGU65QB https://t.co/Q5UwyWNfqC

A Lyft shareholder filed a proposed class-action securities suit over the typo in a Feb. 13 company press release that caused the stock to briefly surge 67% in after-hours trading. https://t.co/hci8XBCw5N

New York Post@nypost

3 years ago

Lyft investors sue over earnings ‘fraud’ typo that sparked wild buying frenzy https://t.co/qmI9j8laGl https://t.co/tlleq4jKKr