BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of LendingClub Corporation (“LendingClub” or the “Company) (NYSE: LC) investors concerning the Company and its officers’ 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 misleadingly promising consumers they would receive a loan without hidden fees and failing to provide customers with a clear and conspicuous privacy notice. On this news, shares of LendingClub fell significantly, thereby injuring investors.
If you purchased LendingClub securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to firstname.lastname@example.org, or visit our website at www.howardsmithlaw.com.
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