Lyft’s $27 Million Accord With Drivers Wins Court Approval
- Drivers remain contractors, not employees, under settlement
- Deal covers 163,000 current, former California drivers
Lyft at its San Francisco Headquarters showcasing Lyft cars, the Glowstache, the Lyft app, Lyft passengers and drivers on February 3, 2016 in San Francisco, California.
Photographer: Mike Coppola/Getty Images for LyftThis article is for subscribers only.
Lyft Inc. moved a big step closer to sealing a $27 million deal with drivers that leaves them classified as independent contractors.
U.S. District Judge Vince Chhabria in San Francisco on Thursday gave the deal preliminary approval after ruling in April that an earlier $12.5 million offer would shortchange drivers based on the company’s surging revenue.