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BUSINESSLAist·9h ago

Lyft to pay $272 million in record-breaking settlement over drivers’ compensation

Photo · Justin Sullivan / Getty Images
AI TLDR · GEMINI

Lyft will pay $272 million to settle claims that it misclassified drivers as independent contractors instead of employees between 2016 and 2020. Eligible drivers will receive compensation for lost wages and benefits.

Lyft drivers will be eligible to get paid for lost wages and benefits from 2016 to 2020, when they would have been considered employees under California labor law.

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