Lyft to pay $272.5M to settle California driver classification claims

Lyft has agreed to pay $272.5 million to settle claims by California and three of its largest cities. Authorities said the company mislabeled drivers as independent contractors rather than employees between 2016 and 2020.

• Lyft will pay $272.5M to settle California and city claims
• The claims cover driver classification from 2016 to 2020
• Authorities say drivers were labeled contractors, not employees