Lyft

Lyft Agrees to $272.5 Million Settlement in Landmark Driver Misclassification Case

Lyft has agreed to pay $272.5 million to resolve a landmark lawsuit over whether drivers were improperly classified as independent contractors rather than employees. The settlement closes one of the most closely watched labor fights in the gig economy, but critics say it still falls far short of what workers are owed after years of suppressed wages and denied benefits.