Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of LendingClub Corporation (NYSE: LC) violated securities laws in connection with certain financial statements.

The investigation seeks to discover if possible claims on behalf of purchasers of the securities of LendingClub Corporation (NYSE: LC)  concerning whether a series of statements by LendingClub Corporation regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On December 11, 2015, The Wall Street Journal revealed, “the California Department of Business Oversight, which oversees securities and lending activity in that state, sent requests to 14 companies for details about their lending practices, investors and business models.” On December 14, 2015, a representative for the California Department of Business Oversight disclosed that LendingClub is one of the targeted companies.

On this news, NYSE: LC shares declined causing investors harm.

Based in San Francisco, CA, and founded in 2006 LendingClub Corporation is an online marketplace for connecting borrowers and investors in the United States.

If you purchased shares of LendingClub Corporation (NYSE: LC) on or before December 14, 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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