Lyft Threatens Litigation Against Morgan Stanley over Allegations of Supporting Short Selling

Posted on 04/06/2019

Ride sharing company Lyft, Inc. recently had its initial public offering. On April 2, 2019, Lyft sent a letter to Morgan Stanley, questioning the bank on its role in helping market certain products that would help pre-IPO investors bet against the stock. The letter was written by the law firm Stris & Maher LLP, which […]