LendingClub Shareholders

A federal judge on Thursday <strong><a href="http://www.courthousenews.com/wp-content/uploads/2017/05/LendingClub-MTD-ORDER.pdf">advanced</a></strong> parts of a sprawling shareholder <a href="http://www.courthousenews.com/lendingclubs-legal-woes-mount-with-new-class-suit/">action</a> against peer-to-peer lender LendingClub, finding claims that the lender misrepresented the strength of its internal controls and its role in another company are so far adequate to survive dismissal efforts.

SAN FRANCISCO – A federal judge on Thursday advanced parts of a sprawling shareholder action against peer-to-peer lender LendingClub, finding claims that the lender misrepresented the strength of its internal controls and its role in another company are so far adequate to survive dismissal efforts.

Categories / Securities

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