California Lyft drivers may soon be able to take a portion of the $27,000,000 Lyft has agreed to pay as a settlement in a recent class-action suit.
Answers to many questions can be found here, but here are the highlights:
1.Who is eligible?
2. How much money could drivers receive?
A big chunk will be owed to the lawyers, etc. who worked the case, so that $27M number will be much smaller from the start. The exact amount available for drivers will be determined at the hearing on December 1.
3. How much of the remaining money will drivers get?
It’s slightly complicated, but they’ll get a proportion of the available money based on how much they drove for Lyft. Here are some details:
4. I qualify, so how do I make sure I’m included in the payout?
You should’ve received an email if you qualify. Submit your claim before December 1.
5. When will the money happen?
Late 2016, early 2017 if everything is approved. Appeals could lengthen this time.
6. Can I attend the hearing? Where is it?
Yes, it’s an open hearing in SF.
Thoughts? I’ve written frequently about Uber/Lyft if you’re interested.
Feel free to comment or email any questions.