STOCK NOTICE: Rosen Law Firm Reminds LendingClub Corporation Investors of Important July 15, 2016 Deadline
in Class Action – LC
Rosen Law Firm, a global investor rights law firm, reminds purchasers of LendingClub Corporation (NYSE:LC) securities pursuant
to and/or traceable to the Registration Statement and Prospectus issued in connection with the Company’s initial public offering on
or about December 11, 2014 (the “IPO” or the “Offering”) or between December 11, 2014 through May 6, 2016 of the important July 15,
2016 lead plaintiff deadline in the class action. The lawsuit seeks to recover damages for LendingClub investors under the federal
securities laws.
To join the LendingClub class action, go to the firm’s website at http://www.rosenlegal.com/cases-895.html or call Phillip Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653
or email pkim@rosenlegal.com or kchan@rosenlegal.com for information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU
RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.
According to the lawsuit, 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.
A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than
July 15, 2016. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If
you wish to join the litigation, go to the firm’s website at http://www.rosenlegal.com/cases-895.html or to discuss your rights or interests regarding this class action,
please contact Phillip Kim, Esq. or Kevin Chan, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com. Attorney Advertising. Prior results do not guarantee a similar outcome.
Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder
derivative litigation.
Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
kchan@rosenlegal.com
www.rosenlegal.com
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