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Lyft charged by US SEC with failure to disclose board member's interest in shareholder sale, to pay $10 million civil penalty

( September 18, 2023, 16:35 GMT | Official Statement) -- MLex Summary: The US Securities and Exchange Commission announced it had charged Lyft for failing to disclose the role of a company board director in a shareholder's sale of approximately $424 million in private shares of Lyft's stock previous to the company's inital public offering. Lyft has agreed to pay a $10 million civil penalty.Find the full statement below....

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