BENSALEM, Pa.--(BUSINESS WIRE)--May 17, 2018--Law Offices of Howard G. Smith announces an investigation on behalf of LendingClub Corporation (“LendingClub” or the “Company) (NYSE: LC ) investors concerning the Company and its officers’ possible violations of federal securities laws.

On April 25, 2018, the Federal Trade Commission (“FTC”) issued a press release announcing allegations that LendingClub violated the FTC Act and the Gramm-Leach-Bliley Act by misleadingly promising consumers they would receive a loan without hidden fees and failing to provide customers with a clear and conspicuous privacy notice. On this news, shares of LendingClub fell significantly, thereby injuring investors.

If you purchased LendingClub securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to  howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180517006424/en/

CONTACT: Law Offices of Howard G. Smith

Howard G. Smith, Esquire

215-638-4847

888-638-4847

howardsmith@howardsmithlaw.com

www.howardsmithlaw.com

KEYWORD: UNITED STATES NORTH AMERICA PENNSYLVANIA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL

SOURCE: Law Offices of Howard G. Smith

Copyright Business Wire 2018.

PUB: 05/17/2018 05:40 PM/DISC: 05/17/2018 05:40 PM

http://www.businesswire.com/news/home/20180517006424/en