The company disclosed the changes, as well as new issues it has discovered related to its former chief executive, in regulatory filings and an investor letter reviewed by The Wall Street Journal. Online lender LendingClub Corp. unveiled a new set of responses to a slump in its business Tuesday, restricting investors from exiting one of its funds and announcing job cuts totaling 12% of its work force. Investors in LendingClub’s...

Source: Wall Street Journal June 28, 2016 10:57 UTC