other material
confidence high
sentiment neutral
materiality 0.30
LendingClub shareholders approve forum selection, but board declassification proposal fails
LendingClub Corp
- Federal forum selection provision approved (54.2M votes for); Certificate of Amendment filed June 7.
- Board declassification proposal failed: 58.9M votes for, short of required two-thirds of all outstanding shares.
- Directors John C. (Hans) Morris and Erin Selleck elected as Class II directors.
- Advisory say-on-pay approved (56.1M votes for); Deloitte & Touche ratified as auditor.