LendingClub Shares Fall 30% as CEO Is Forced Out

The video discusses a significant drop in a company's value in the pre-market due to an internal review of the CEO and founder, Renaud Laplanche, who sold $22 billion in prime loans to one investor. As a result, he is being forced out, and Scott Sanborn is named acting CEO. Lending Club shares have already decreased by 70% since their IPO and are expected to lose another quarter of their value due to the scandal, which may attract law enforcement attention.

What significant event has caused the company to lose about a third of its value?

Who is being forced out as a result of the internal review?

What is the name of the acting CEO after the internal review?

What percentage have Lending Club shares come down from the post IPO high?

What kind of attention does the scandal draw, according to the text?