LendingClub CEO Exits After Internal Review of Loan SalesBy
Scott Sanborn named acting CEO as shares tumble in New York
Firm won't provide guidance as it resolves `material weakness'
LendingClub Corp. founder and Chief Executive Officer Renaud Laplanche and other senior managers departed after an internal review found abuses tied to the sale of a loan and a failure to disclose a personal interest in an investment fund.
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