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 May 9, 2016, LendingClub revealed Chairman and CEO, Renaud Laplanch resignation. His resignation followed an internal review of the sale of $22 million of nonconforming loan to a single investor.

On this news, LendingClub shares dropped 25.49% during premarket on May 9, 2016.

Based in San Francisco, CA, and founded in 2006 LendingClub Corporation operates as an online marketplace that connects borrowers and investors.

If you purchased shares of LendingClub Corporation (NYSE: LC) on or before May 9, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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