Lyft set­tles suit in New York

Los Angeles Times - - BUSINESS BRIEFING -

Lyft has agreed to pay $300,000 to set­tle a law­suit by New York’s at­tor­ney gen­eral al­leg­ing that the ride-shar­ing com­pany vi­o­lated state and mu­nic­i­pal laws.

The law­suit, filed last July, ac­cused San Fran­cis­cobased Lyft of fail­ing to re­quire its driv­ers to hold com­mer­cial op­er­a­tor’s li­censes, carry ad­e­quate in­sur­ance and com­ply with lo­cal forhire li­cens­ing rules.

“To­day’s agree­ment en­ables Lyft to grow and pros­per within the bounds of state and lo­cal reg­u­la­tions, while the penal­ties im­posed send the mes­sage that com­pa­nies that at­tempt to skirt the law will be held ac­count­able,” New York Atty. Gen. Eric Sch­nei­der­man said.

Lyft said the set­tle­ment “does not re­quire any changes to ex­ist­ing Lyft ser­vice in New York. The set­tle­ment is part of our con­tin­ued ef­forts to re­turn true, peer to peer ride shar­ing to New York state at large.”

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