In re Lyft Inc. Securities Litigation

Good Law
United States District Court, Northern District of CaliforniaAugust 20, 20214:19-cv-02690California3,097 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 6 MATIAS MALIG, AS TRUSTEE FOR Case No. 19-cv-02690-HSG

THE MALIG FAMILY TRUST,

ORDER DENYING MOTION FOR Plaintiff, JUDGMENT ON THE PLEADINGS AND DENYING ADMINISTRATIVE v. MOTIONS TO SEAL 10 LYFT, INC., et al., Re: Dkt. No. 152, 169, 172 11 Defendants. 12 Pending before the Court is Defendants’ motion for judgment on the pleadings. See Dkt. No. 152 (“Mot.”); Dkt. No. 159 (“Opp.”); Dkt. No. 170 (“Reply”). Also pending are the parties’ associated administrative motions to file under seal. Dkt. Nos. 169, 172. The Court DENIES the motion for judgment on the pleadings and DENIES the motions to seal. I. BACKGROUND On April 16, 2021, Plaintiff Rick Keiner filed the operative consolidated complaint against Defendant Lyft Inc. (“Lyft”), Logan Green, Co-Founder, Chief Executive Officer, and Director on Lyft’s board of directors (the “Board”), John Zimmer, Co-Founder, President and Vice…

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