Violation Tracker Individual Record

Company: 
LendingClub Corp.
Current Parent Company: 
LendingClub Corp.
Penalty: 
$100,000
Year: 
2012
Date: 
July 2, 2012
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

LendingClub agreed to pay a $100,000 Administrative Fine in settlement of allegations it offered unregistered securities for sale while unlicensed in the state.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Florida Office of Financial Regulation
Civil or Criminal Case: 
civil
Case ID: 
0140-SR-3/11
Facility State: 
Florida
HQ Country of Parent: 
USA
HQ State of Parent: 
California
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
financial services
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.