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24/7 Wall St.

Adjusted Financial Guidance Lifts Lyft Stock

If the ride-sharing companies had been forced to classify drivers as employees instead of independent contractors, they would have owed the state of California $413 million between 2014 and 2019. That’s according to an analysis from the UC Berkeley Labor Center. That money would have been due to California’s Unemployment Insurance Fund.

24/7 Wall St.

How California Voters Could Decide Future of Lyft Stock

A recent study found that if the ride-sharing companies had been forced to classify drivers as employees instead of independent contractors, they would have owed the state of California $413 million between 2014 and 2019. That’s according to an analysis by the UC Berkeley Labor Center.

24/7 Wall St.

California Employee Ruling Could Hit Lyft Stock Hard

If the ride-sharing companies had been forced to classify drivers as employees instead of independent contractors, they would have owed the state of California $413 million between 2014 and 2019. That’s according to a new analysis from the UC Berkeley Labor Center.