SHAREHOLDER ALERT: The Law Offices of Vincent Wong Reminds Investors of Commencement of a Class Action
Involving LendingClub Corporation and a Lead Plaintiff Deadline of July 15, 2016 - LC
The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the USDC for the Northern District of
California on behalf of investors who purchased LendingClub Corporation (NYSE:LC) securities pursuant to and/or traceable to the
Registration Statement and Prospectus issued in connection with the Initial Public Offering on or about December 11, 2014 or who
purchased shares from December 11, 2014 through May 6, 2016.
Click here to learn about the case: http://www.wongesq.com/pslra/lendingclub-corporation. There is no cost or obligation to you.
According to the complaint, throughout the Class Period defendants issued false and misleading statements to investors and/or
failed to disclose that: (1) LendingClub’s internal controls were inadequate to ensure that LendingClub’s loans conformed to its
customers’ criteria; (2) LendingClub’s internal controls were inadequate to ensure that relevant interests in third-party
transactions were fully and timely disclosed; and (3) as a result, LendingClub’s public statements were materially false and
misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
If you suffered a loss in LendingClub you have until July 15, 2016 to request that the Court appoint you as lead plaintiff. Your
ability to share in any recovery doesn’t require that you serve as a lead plaintiff. To obtain additional information, contact
Vincent Wong, Esq. either via email vw@wongesq.com, by telephone at
212.425.1140, or visit http://www.wongesq.com/pslra/lendingclub-corporation.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud
and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com
Law Offices of Vincent Wong
Vincent Wong, Esq.
212.425.1140
vw@wongesq.com
View source version on businesswire.com: http://www.businesswire.com/news/home/20160615005901/en/