A settlement of $272.5 million has been agreed upon by Lyft. This amount will be paid to resolve claims of wage theft against the company's drivers. The lawsuit, which lasted six years, centered on allegations that drivers were misclassified and underpaid.

The case involved California's attorney general and city attorneys from several cities. Drivers were allegedly paid less than minimum wage and denied certain protections.

Further information about the settlement and lawsuit is available from the source, including a statement from California's attorney general regarding the impact on drivers.