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 (jimb@johnsonfistel.com) 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
jimb@johnsonfistel.com
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SOURCE Johnson Fistel, LLP