Lyft Assault, Safety Reforms Get Final Court OK to Settle Suit

Lyft Inc.'s agreement to implement several safety-related internal reforms for a period of three years warrants final approval as a derivative suit settlement, a federal court ruled.

The decision by Judge Haywood S. Gilliam Jr. March 28 ends litigation against Lyft directors and executives, on behalf of the company, over their alleged failure to adequately address sexual and physical assaults against passengers and safety issues for drivers.

But Gilliam didn’t approve $700,000 in fees for the shareholders’ attorneys, shaving the amount to $600,000. “First, there has been relatively little litigation in this case,” he said. Second, Gilliam saw “numerous examples ...