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Uber and Lyft stock price changes following trial outcome
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Massachusetts Takes Uber, Lyft to Trial Over Worker Classification
May 13, 2024, 12:22 PM
Uber Technologies and Lyft are currently on trial in Massachusetts, facing allegations from the state's attorney general that they misclassified their drivers as independent contractors instead of employees. This classification potentially denies drivers benefits such as minimum wage, overtime, and earned sick time. The trial, which began on Monday, sees the companies defending their status as technology platforms that facilitate transportation, rather than being transportation providers themselves.
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