FTC imposes $2.1 million penalty on Lyft for luring drivers with false tax claims – Daily Journal

FTC imposes .1 million penalty on Lyft for luring drivers with false tax claims

 – Daily Journal

Lyft agreed to a $2.1 million settlement offered by the FTC over the company’s “misleading revenue claims about how much drivers could expect to earn.” As detailed in the FTC’s complaint document, Lyft systematically inflated the earnings advertised to drivers it was trying to recruit in 2021 and 2022. For example, in Los Angeles, it … Read more