Lyft Shares Drop After Short Seller Flags Multi‑District Sexual‑assault Exposure
Lyft Inc. shares fell about 7% as a short report from Bleecker Street Research highlighted potentially large legal liabilities tied to consolidated sexual-assault litigation. The report places potential exposure at $1.3 billion to $2.7 billion, far above the company's combined legal and tax accruals, and raises questions about disclosure in recent …