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SAN DIEGO, April 18, 2019 /PRNewswire/ — Johnson Fistel, LLP with the assistance of former California Deputy Attorney General and Special Counsel, Tiffany Johnson, Esq., is investigating potential claims against Lyft, Inc. (NASDAQ: LYFT). [Click here to join this action].
On or about March 29, 2019, Lyft sold 32.5 million shares of stock in its initial public stock offering (the “IPO”), at $72 a share raising $2,340,000,000 in new capital. However, since the IPO, Lyft stock has plummeted, on April 18, 2019, the stock closed at $58.36.
Specifically, Johnson Fistel’s investigation seeks to determine whether the Company’s filings with the U.S. Securities and Exchange Commission in connection with its March 2019 initial public stock offering (the “IPO”) contained untrue statements of material facts or omitted to state other facts necessary to make the statements made therein not misleading concerning the Company’s business, and operations.
If you have information that could assist in this investigation, or if you are a Lyft shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker ([email protected]) at 619-814-4471. If emailing, please include a phone number.
Additionally, you can [Click here to join this action].There is no cost or obligation to you.
About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.
Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
[email protected]
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