Any Lyft driver who has used the Driver app between 11 October 2015 and 31 July 2017 can be eligible to receive this $38 M Lyft Class Action Settlement Amount in their bank account. Drivers are highly excited after knowing that Lyft is going to pay them their portion soon. Drivers are also happy after the news because compensation will not only include the $38 Million Class Compensation Amount but also different benefits. These benefits include compulsory sick leave and minimum wages according to working hours. It can provide some financial relief to individual and support in improving their life quality.
$38 Million Lyft Drivers Class Action Settlement
New York Attorney, General Letitia James has reported after the several-year investigations. Drivers who use the Lyft Driver app to provide their services in the New York state will receive compensation. So, the eligible driver who uses the Driver app between certain periods will receive this $38 Million Lyft Settlement Amount. Lyft Company has made necessary deductions from their drivers instead of passengers. It was done to attract a large number of passengers through attracting low fair. However, this deduction in passenger fare was imposed on the driver’s payment. Therefore, drivers were forced to pay higher amounts as charges which reduced their daily income. After several years of investigations, Attorney General Letitia James presented this activity as the largest theft. Therefore, Lyft has agreed to provide $38 Million in Lyft Class Settlement Benefits to their eligible claimants.
This news is a form of financial justice for Lyft driver who were paying more to the company from their pocket. Therefore, after the announcement of $38 M Left Compensation Benefits, drivers are looking for more information. This article covers information such as eligibility criteria to receive this settlement amount, average payment amount, payment dates, and others.
Lyft $38 Million Class Action Lawsuit Settlement- Overview
| Article On | $38 Million Lyft Drivers Class Action Settlement |
| Country | USA |
| Department | Lyft |
| Beneficiary | Lyft Drivers |
| Settlement Amount | $38 Million |
| Category | Financial |
| Official Website | www.lyftnyagsettlement.com |
$38 Million Lyft Class Settlement Benefits Eligibility
Every eligible driver can receive this payment and will meet the specified criteria set by the authority. Therefore, claimants need to meet the qualifying criteria that allow receiving a Lyft Class $38 Million Settlement Amount.
- You were registered with Lyft Driving Services.
- You were using the Driver app between 11 October 2015 and 31 July 2017.
- You faced the New York Sales Tax and Black Car Funds Fees as deduction during work.
- You have paid the deduction amount to Lyft during working which was expected to be paid by the passengers.
- You must have a claim before the 31st of October 2024.
What is a $38 Million Lyft Drivers Class Action Lawsuit?
Lyft is an American company that offers service of mobility. It provides vehicles for rides and allows people to book their services to travel from one place to another. A Class Action Lawsuit against Lyft Inc. was filed with allegation of charging higher amounts to drivers. Lyft Inc. was charging the Black Car Funds Fees and New York Sales Tax from drivers instead of passengers. This was done to reduce the overall fair for passengers to attract them to increase overall demand. However, this amount was paid by the Lyft drivers from their earnings. Lyft has agreed to pay a cut of $38 Million Class Settlement Payment to all eligible drivers. The company is also providing several compensation benefits to its drivers in different forms. It includes paid sick leave, and fixed wages that can be managed according to inflation annually.
Lyft’s $38 Million Class Compensation Benefits made claimants happy to receive these different benefits as compensation. It is the form of financial justice that is provided to eligible drivers who have faced illegal charges from Lyft Inc. So, the company needs to pay compensation in different forms. They will pay a $38 Million Settlement Amount among eligible drivers who experience high charges. The company will also provide sick leave to their drivers with some conditions. Lyft will also provide fixed per-hour wages which will count from accepting the ride to completion of the ride. They will also get benefits from in increase in fixed wages according to annual inflation. They will also get some notice regarding their expected earnings.
How much can I pay from Lyft Class Action Settlement Amount?
Eligible drivers are expecting compensation amount in their bank account. Therefore, they are looking for the information that can answer their questions. So, eligible drivers should know that they will not pay a total of $38 Million to every individual. However, they will receive some portion of the $38 Million Lyft Settlement Amount. Moreover, this payment also includes some essential deductions that will initially reduce from the $38 Million.
The rest amount will shared among drivers as per eligibility. This means people will receive a total amount will depend on the total extra payment made to Lyft during a specified period. So, every eligible driver may have a different amount from the Lyft $38 Million Compensation Amount. However, every eligible individual will be eligible to receive other benefits like sick leave and a fixed amount.
Lyft $38 Million Class Settlement Payment Dates
People are looking to receive their amount post-announcement of the compensation. Therefore, they are looking for the $38 Million Lyft Settlement Payment Dates. Eligible claimants need to know that they can receive this payment after the court’s final approval. However, it is expected that this settlement amount will be released through 2025. So, people need to wait for more time for the official announcement of the release of the $38 Million Lyft Class Settlement Fund. Eligible claimants need to wait for more time to receive the cut from $38 Million.
What are other benefits other than the $38 M Settlement Payment?
Eligible drivers will receive a portion of the $38 M Lyft Compensation Payment with other benefits as compensation. Therefore, Lyft drivers will receive various benefits as compensation from Lyft Inc. which is discussed further.
Paid Sick Leave
- Every driver will receive some paid sick leave that can be earned after certain working hours. However, these benefits will be applied from not after February 29, 2024.
Fixed Hourly Wages
- Driver, who is eligible to complete a trip according to the Taxi and Limousine Commission (TLC) of New York City under the minimum-driver-pay rule, will receive $17 per hour. Hourly rate will increase from 1st March 2024 to $17.25 and from 1st June 2024 to $17.51 per hour. Moreover, this rate will be increased according to annual inflation that will start from 1st March 2025.
- The driver who doesn’t follow the TLC will receive $26 per hour which will increase to $26.39 on 1st March 2024 and $26.78 on 1st June 2024. However, it will increase according to annual inflation from 1st March 2025.
Training time payment
- Eligible drivers will also receive some training sessions for good driving. So, Lyft drives will be paid with the lowest minimum wage rate or $15 per hour.
Different information
- Drivers will receive different information associated with earning statements and notifications for rider payments. This notification will received by the driver for each completed trip.
- They will also receive the hiring notice that may include the earnings they can receive.
Chat Support
- Drivers will also receive chat support from 1st November 2024 for the driver app in Spanish, English or Canadian French.
- They can also get solutions for their problem by answering the question asked for any query associated with rides and payment.
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Ember Orion is a journalism student who loves to write about social security and government schemes. Ember’s dream is to become a top-level anchor in the USA.