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Lyft to Pay $2 Million to Resolve FTC Suit Over Driver Pay
Lyft Inc. agreed to pay $2.1 million to resolve a lawsuit by the US Federal Trade Commission accusing the ride-hailing company of deceiving drivers about how much they would earn.
FTC Hands Lyft $2.1M Fine for Misleading Drivers on Pay
Lyft joins Uber, which was also handed a multi-million fine for failing to be transparent with workers about their true earning potential.
Lyft fined $2.1 million for misleading ads about how much drivers could make
The Federal Trade Commission (FTC) announced Friday that rideshare company Lyft has agreed to pay $2.1 million as part of a proposed settlement that requires it to change how it advertises driver pay.
Lyft to pay $2.1M fine to settle FTC charges it inflated drivers’ earnings prospects
Lyft agreed to pay a $2.1 million civil fine to settle U.S. Federal Trade Commission charges it misled prospective drivers about how much money they might earn working for the ride-hailing company.
Lyft Agrees To Pay $2.1 Million To Settle Allegations It Duped Drivers By Exaggerating Earnings
It is illegal to lure workers with misleading claims about how much they will earn on the job,' said Federal Trade Commission Chair Lina Khan
Lyft ordered to scale back its promises about driver earnings
Drivers complained to the company in large numbers that they believed the amount
Lyft
guaranteed would be paid as a bonus on top of whatever
pay
they received for completing the assigned number of rides. One driver complained to the
FTC
that ...
FTC hits Lyft with $2.1M penalty for luring drivers with false earnings claims
Lyft has agreed to a $2.1 million settlement proposed by the FTC over the car-hailing company's "deceptive earnings claims about how much money drivers
Lyft to pay Federal Trade Commission $2.1M for misleading drivers about pay
NEW YORK (WABC) -- Lyft will now have to pay a $2.1 million settlement with the Federal Trade Commission for misleading drivers about their pay. The case stems from ads to recruit drivers that the rideshare company placed and highlighted specific hourly amounts.
Lyft pays $2.1M to settle FTC claims over ‘deceptive earnings’
The Federal Trade Commission said it is taking action against Lyft (LYFT) “for making deceptive earnings claims about how much money
Lyft unveils improved pay measures to attract more drivers
Lyft is looking to make its ride-hailing platform more attractive to drivers by rolling out measures such as higher pay for longer-than-estimated trips and prioritizing members with a safe driving record.
motorbiscuit
2d
Lyft agrees to a $2 million settlement for falsely advertising to drivers and inflating its pay structure
However,
Lyft
was hit with a massive fine for luring drivers by advertising false
pay
rates. This comes after both
Lyft
...
2d
Lyft to pay $2.1 million fine to settle US charges it inflated drivers' earnings prospects
Lyft agreed to pay a $2.1 million civil fine to settle U.S. Federal Trade Commission charges it misled prospective drivers ...
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