Lending Club: Not only that, they also misrepresented the terms of the contract and legal clauses present in them by falsifying the date of loan forward to one

Lending Club: Not only that, they also misrepresented the terms of the contract and legal clauses present in them by falsifying the date of loan forward to one that was after they made changes to their language (I believe Jeffries was the counter party). Blatant securities fraud. edit: since I seem to be the target of downvoting by people presumably with a stake in LC, here are some sources. "he falsified dates on $3 million of loans that were bought by Jefferies" http://www.bloomberg.com/news/articles/2016-05-10/jefferies-said-to-have-pressed-lendingclub-to-improve-disclosure http://www.bloomberg.com/news/articles/2016-05-10/jefferies-... http://ftalphaville.ft.com/2016/05/10/2161309/the-legal-tweak-that-led-to-disaster-for-lending-club/?Authorised=false&_i_location=http%3A%2F%2Fftalphaville.ft.com%2F2016%2F05%2F10%2F2161309%2Fthe-legal-tweak-that-led-to-disaster-for-lending-club%2F&_i_referer=&classification=conditional_registered&iab=barrier-app http://ftalphaville.ft.com/2016/05/10/2161309/the-legal-twea... http://www.wsj.com/articles/inside-the-final-days-of-lendingclub-ceo-renaud-laplanche-1463419379 http://www.wsj.com/articles/inside-the-final-days-of-lending...