LendingClub Asset Management, executives to pay $4.2 mln to settle SEC charges
September 28, 2018 at 13:09 PM EDT
LendingClub Asset Management LLC, its former president and former chief financial officer will pay more than $4.2 million to settle charges of wrongly using fund money to benefit its parent company and improperly adjusting returns, the Securities and Exchange Commission said on Friday.
