October 06, 2017
A proposed class of investors suing LendingClub Corp. over the alleged hiding of defective internal controls asked a California federal judge on Thursday to ignore a bid by objectors fighting certification of the class, saying the objectors are just trying to become the lead plaintiffs in the case.
September 22, 2017
A California federal judge seem poised Friday to toss a Dallas police sergeant's suit alleging Twitter, Facebook and Google gave a platform to the terrorist organizations that radicalized the gunman who ambushed and killed five officers in July 2016, saying the causal link between social media posts and the shooting is tenuous.
September 22, 2017
LendingClub Corp. asked a California federal judge Thursday not to certify a class of investors suing over the company hiding defective internal controls, saying the "lawyer-controlled" named plaintiff had an unusual investment history that made it ill-equipped to lead the class.
September 08, 2017
A group of investors accusing LendingClub Corp. of having hidden defects in its internal controls before and after its $1 billion initial public offering urged a California federal judge on Thursday to certify their case as a class action.
May 25, 2017
A California federal judge allowed the bulk of a proposed class action accusing LendingClub Corp. of hiding defective internal controls to go forward on Thursday, but ruled that the investors behind the suit will need to tighten up some of their claims.
October 28, 2016
Robbins Geller Rudman & Dowd LLP will lead a putative class action brought by shareholders of LendingClub Corp. who say that the company hid problems with internal controls, leading to a stock drop when mishandled loan sales were revealed, a California federal judge said on Friday.
September 28, 2016
Robbins Geller Rudman & Dowd LLP sought court approval Wednesday to serve as lead counsel in a putative class action in California federal court by shareholders who allege LendingClub Corp. masked problems with internal controls, leading to a stock plunge when mishandled loan sales were revealed.
May 17, 2016
LendingClub investors on Monday slapped the online marketplace lender with a putative class action in California federal court, the first shareholder lawsuit in the wake of stock-plunging revelations that $22 million in loan sales were mishandled and the resignation of the company's CEO.