12:47 PM EDT, 07/24/2024 (MT Newswires) -- Lyft ( LYFT ) has agreed to implement new safety and governance measures to resolve a shareholder lawsuit alleging insufficient action by the company's officers and directors to address incidents of sexual and physical assault by drivers, Reuters reported Wednesday, citing a court filing.

Lyft ( LYFT ) did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 11.94, Change: -0.65, Percent Change: -5.20