Regulators Say LendingClub Failed To Properly Disclose FeesA federal lawsuit was filed against LendingClub in California.
LendingClub Shares Plunge As Feds Open Probe Over Funding ConcernsShares of LendingClub are plunging after the U.S. Dept. of Justice opened an investigation and the company raised fresh concerns about funding.
San Francisco Entrepreneur Co-Skippers Attempt To Break Sail Speed RecordTwo sailboat skippers, one from San Francisco, set sail from Newport, R.I. at about 1:30 a.m. Eastern time Sunday morning with the goal of breaking the world sailing speed record.
ConsumerWatch: Peer-To-Peer Loans Offer Alternative To BanksTaking the banks out of the equation, some consumers are turning to sites like LendingClub.com or Prosper.com to get the money they need from people they don’t even know.