SEC gets $10m from Lyft over failure to disclose $424m pre-IPO stock sale

Ride sharing firm Lyft has agreed to pay the US Securities and Exchange Commission $10 million to settle charges that it failed to report a company director's role in a massive pre-IPO stock deal. According to the SEC, an unnamed former member of Lyft's board of directors helped facilitate the…#lyft #commission #pdf #register #uber #spv
Source: Reuters: Health - Category: Consumer Health News Source Type: news
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