Lyft settles with CA drivers for $27 million

Lyft settles with CA drivers for $27 million: "SAN FRANCISCO – Lyft will pay $27 million to settle a class action lawsuit brought by drivers in California who said the ride-hailing service had misclassified them as independent contractors rather than employees.

The case revolved around whether the drivers were entitled to reimbursement for expenses including gasoline and vehicle maintenance, which employees would be paid for but which independent contractors would not.

Uber, a much larger company also based in San Francisco, settled a similar suit late last month for a payout that could reach as much as $100 million."



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