Tech
Lyft to pay a $10M fine over US SEC claims that it failed to disclose a board director was paid millions to arrange a pre-IPO sale of $424M in private shares (Austin Weinstein/Bloomberg)
Austin Weinstein / Bloomberg:
Lyft to pay a $10M fine over US SEC claims that it failed to disclose a board director was paid 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
