Hynes Keller & Hernandez, LLC is investigating potential claims against the Board of Directors of Lending Club Corporation (“LC” or the “Company”) (NYSE: LC) arising from, among other things, an internal review of sales of $22 million in near-prime loans to a single investor. On May 6, 2016, the Board of Directors accepted the resignation of Renaud Laplanche as Chairman and CEO of LC.
Shareholders interested in seeking to recover damages on behalf of LC and to implement corporate governance measures designed to prevent future misconduct should contact the firm.
If you hold LC shares and you would like to discuss your legal rights, please email the firm at firstname.lastname@example.org. You can also contact us by calling Michael J. Hynes at (610) 994-0292 or by sending an e-mail to email@example.com.