NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky announces it has commenced an investigation of LendingClub Corporation (“LendingClub” or “the Company”) (NYSE: LC) concerning possible violations of federal securities laws.
On April 25, 2018, the Federal Trade Commission (FTC) issued a press release announcing allegations that LendingClub violated the FTC Act and the Gramm-Leach-Bliley Act by falsely promising consumers they would receive a loan without hidden fees and failing to provide customers with a clear and conspicuous privacy notice. To obtain additional information, go to:
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