Lendingclub

Online Lender Wins Motion to Compel Arbitration and Avoids Nationwide Consumer Class Action

This article was co-authored by Allyson B. Baker and Joseph Leonard Robbins. It originally appeared on Venable.com and is republished here with permission. In a putative nationwide consumer class action against an online marketplace lender and its bank partner, Bethune v. LendingClub Corp., et al., a federal judge in the Southern District of New York recently granted defendants’ motion to …