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The quarterly report states that the investigation found this was an isolated event that affected only $3M of the $22M in the sale. "The board also hired a
by partytran 10y ago
The quarterly report states that the investigation found this was an isolated event that affected only $3M of the $22M in the sale.
"The board also hired an outside expert firm to review all other loans facilitated in the first quarter of 2016 and the firm did not find changes to data in these or other Q1 loans."
From the quarterly report: http://ir.lendingclub.com/QuarterlyResults.aspx?iid=4213397 http://ir.lendingclub.com/QuarterlyResults.aspx?iid=4213397