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Lyft Hid Flaws Ahead Of $2.3B IPO, Investor Says

By Dave Simpson ( May 31, 2019, 8:19 PM EDT) -- Lyft Inc. withheld information about its market position, its relationship with drivers and safety issues with its bikeshare program, causing shares to plummet after its $2.3 billion initial public offering earlier this year, according to a shareholder putative class action filed in California federal court Friday....

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