In re Lyft Inc. Securities Litigation
United States District Court, Northern District of CaliforniaAugust 7, 20234:19-cv-02690California9,670 words
Opinion
Trial Court Opinion
UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 6 IN RE LYFT INC. SECURITIES Case No. 19-cv-02690-HSG
LITIGATION
ORDER GRANTING MOTIONS FOR
FINAL APPROVAL AND
ATTORNEYS’ FEES AND EXPENSES
AND DENYING MOTION FOR COSTS
FOR LEAD PLAINTIFF Re: Dkt. Nos. 311, 312, 313
12 Before the Court are Plaintiffs’ motions for final approval of class action settlement, attorneys’ fees and expenses, and costs for Lead Plaintiff. See Dkt. Nos. 311, 312, 313. The Court held a final fairness hearing on July 20, 2023. The Court GRANTS the motions for final approval and attorneys’ fees and expenses and DENIES the motion for costs for Lead Plaintiff. I. BACKGROUND A. Factual Allegations Plaintiffs purchased shares of Defendant Lyft Inc.’s common stock when Lyft went public through an Initial Public Offering (“IPO”) on March 28, 2019. See Dkt. No. 339 (“SAC”) ¶¶ 3, 5, 31. Plaintiffs bring this securities…