Lyft agrees to pay $10M over the US SEC’s claims the company didn’t disclose a board director got millions to arrange a pre-IPO sale of $424M in private shares (Austin Weinstein/Bloomberg)

Lyft agrees to pay $10M over the US SEC’s claims the company didn’t disclose a board director got millions to arrange a pre-IPO sale of $424M in private shares (Austin Weinstein/Bloomberg)

Austin Weinstein / Bloomberg:
Lyft agrees to pay $10M over the US SEC’s claims the company didn’t disclose a board director got millions to arrange a pre-IPO sale of $424M in private shares  —  – SEC says company didn’t properly disclose details of sale  — Lyft investor sold private stake for $424 million, SEC says