Violation Tracker Parent Company Summary

Parent Company Name: 
LendingClub Corp.
Ownership Structure: 
publicly traded (ticker symbol LC)
Headquartered in: 
California
Major Industry: 
financial services
Specific Industry: 
financial services
Penalty total since 2000: 
$11,796,000
Number of records: 
11
Top 5 Offense Groups (Groups Defined)Penalty TotalNumber of Records
financial offenses$7,846,0008
consumer-protection-related offenses$3,950,0003
Top 5 Primary Offense TypesPenalty TotalNumber of Records
investor protection violation$5,846,0007
consumer protection violation$3,950,0003
banking violation$2,000,0001
Notes: 

Parent-subsidiary linkages are based on relationships current as of the latest revision listed in the Update Log, which may vary from what was the case when a violation occurred. The penalty totals are adjusted to account for the fact that the individual entries below may include both agency records and settlement announcements for the same case; or else a penalty covering multiple locations may be listed in the individual records for each of the facilities. The totals are also adjusted to reflect cases in which federal and state or local agencies cooperated and issued separate announcements of the outcome. Duplicate or overlapping penalty amounts are marked with an asterisk in the list below.

Associated Names: 

LendingClub Asset Management LLC; LendingClub Corp. and Springstone Financial, LLC; LendingClub Corporation; SPRINGSTONE FINANCIAL

Links: 

Subsidy Tracker data on financial assistance to this company by federal, state and local government agencies can be found here.


Individual Penalty Records:

Click on the company or penalty amount for more information on each case.
Download results as CSV or XML (maximum 10,000; for access to larger downloads contact Phil Mattera)
Company Primary Offense Type Year Agency Penalty Amountsort icon
LendingClub Asset Management LLC investor protection violation 2018 SEC $5,000,000
LendingClub Corporation banking violation 2018 USAO $2,000,000
LendingClub Corp. and Springstone Financial, LLC consumer protection violation 2018 MA-BKG $2,000,000
LendingClub Corporation consumer protection violation 2020 MA-AG $1,250,000
Springstone Financial, LLC consumer protection violation 2015 CFPB $700,000
LendingClub Corporation investor protection violation 2020 TX-SEC $400,000
LendingClub Corporation investor protection violation 2015 SC-SEC $150,000
LendingClub Corp. investor protection violation 2012 MO-SEC $105,000
LendingClub Corp. investor protection violation 2012 FL-OFR $100,000
LendingClub Corp. investor protection violation 2015 CA-DBO $46,000
LendingClub Corporation investor protection violation 2013 ME-SEC $45,000
Download results as CSV or XML (maximum 10,000; for access to larger downloads contact Phil Mattera)