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SEC Charges Former LendingClub Execs, including Founder Renaud Laplanche, with Misleading Investors, Breach of Fiduciary Responsibilities

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The Securities and Exchange Commission (SEC) has charged LendingClub Asset Management LLC, and former President Renaud Laplanche with fraud for improperly using fund money to benefit LendingClub.  LendingClub Asset Management, Laplanche, and former CFO Carrie Dolan, also were charged with improperly adjusting fund returns. The... Read More

The post SEC Charges Former LendingClub Execs, including Founder Renaud Laplanche, with Misleading Investors, Breach of Fiduciary Responsibilities appeared first on Crowdfund Insider.


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