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LendingClub Asset Management, Former President Laplanche Charged With Misleading Investors

TedTed
in The Bullpen
FYI: LendingClub Asset Management and its former president, Renaud Laplanche, were charged by the Securities and Exchange Commission with purchasing interests in certain loans that were at risk of going unfunded, to benefit LendingClub Corp., not the fund. LendingClub Corp.
Regards,
Ted
https://www.marketwatch.com/story/lendingclub-asset-management-former-president-laplanche-charged-with-misleading-investors-2018-09-28/print
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