Tagged: brandon pace

LendingClub Settles with the Federal Trade Commission, Expected to Pay $18 Million Penalty

In the days before Q2 earnings, LendingClub (NYSE:LC) has settled its case with the Federal Trade Commission (FTC), subject to court approval. According to a release distributed by LendingClub, the settlement requires LendingClub to make an $18 million payment for consumer remediation, an amount already… Read More

Send this to a friend