$16M Fee Bid In LendingClub Deal 'Unbelievable,' Judge Says

By Cara Bayles
July 19, 2018, 6:16 PM EDT

U.S. District Judge William Alsup on Thursday approved a $125 million deal ending securities class actions against LendingClub Corp., but said he couldn't bless class counsel's "unbelievable" bid for $16 million...

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