Article: Lyft is threatening litigation against Morgan Stanley, accusing the firm of supporting short-selling

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Lyft is threatening litigation against Morgan Stanley, accusing the firm of supporting short-selling

Deirdre Bosa, Leslie Picker

CNBC, 6 April 2019

Lyft has threatened litigation against Morgan Stanley, accusing the firm of supporting short-selling for investors who are subject to lock-up agreements.

In a letter sent to Morgan Stanley on April 2, Lyft questioned the firm about its alleged role in helping market certain products that would help pre-IPO investors bet against the stock.

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