A federal judge dismissed a shareholder lawsuit filed against Lyft (NASDAQ:LYFT) accusing the San Francisco-based company of defrauding them by taking too long to correct an error in an earnings release.

Lyft Inc. succeeded in fending off a proposed shareholder class action alleging the ride-share company defrauded investors when it failed to quickly correct a typo in an earnings press release caused the stock to briefly surge.

Benchmark analyst upgrades Lyft to Buy with $20 PT, citing holiday success and partnerships. Several benefits to offset competition from Tesla & Waymo.

Delta Air Lines will link its lucrative SkyMiles loyalty program to Uber this spring, the companies announced Tuesday, as the airline ends its eight-year partnership with smaller ride-hailing rival Lyft.

A federal judge on Thursday dismissed a lawsuit accusing Lyft of defrauding shareholders by waiting too long to correct a mistake in an earnings release that caused the ride-sharing company's stock price to gyrate wildly.