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Lyft Threatens To Sue Over Alleged Short Selling

April 08, 2019
Lyft’s Rough Ride On The Stock Market Continues
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Lyft Threatens To Sue Over Alleged Short Selling

April 08, 2019
Lyft is threatening to sue Morgan Stanley over allegations it supported short selling for investors subject to lock-up agreements. According to CNBC, the ridesharing company, which just went public last month, sent a letter to Morgan Stanley on April 2 asking the firm about its alleged role in selling a short product to pre-IPO investors. […]