[Michael I]

Isaac any update on that or is it just lawyers trying to find issues when there is nothing there ?

[Chambo]

Isaac any update on that or is it just lawyers trying to find issues when there is nothing there ?

"The Complaint alleges that throughout the Class Period, defendants made materially false and misleading statements regarding the Company’s business, operational and compliance policies. Specifically, defendants made false and/or misleading statements and/or failed to disclose that: (1) the true rate of default for the Company’s loan portfolio was steadily increasing; (2) the true value of the Company’s loan portfolio was in material decline; and (3) as a result of the foregoing, On Deck’s public statements were materially false and misleading at all relevant times."