Lendy - The Property Platform, East London. She has some great plans on how to take the group forward and has my full support. 1. Concerned investors have launched the Lendy Action Group (LAG) that has the following aims as stated on its website: To act as a point of support and provide coordination, news and information to Lendy investors affected by their collapse. DISGRUNTLED Lendy investors have set up an action group to ensure they are treated fairly by administrators of the collapsed peer-to-peer lending platform. Lendy Ltd (In Administration) ("Lendy") is a company registered in England and Wales under number 8244913 with its registered office and principal place of business at RSM RESTRUCTURING ADVISORY LLP, 9th Floor 25 Farringdon Street, London, EC4A 4AB. I expect this administration to drag on and become more costly. Lisa Taylor will now be heading up Lendy Action Group with the support of a highly-motivated group that will continue to fight the cause for investors during the administration. 3. Reviewed on 30th April 2019. We are many but dispersed – together we become strong. 2. Minor shareholder in AC, Brickowner, Welendus, W.alpha, Propifi, Orca, Ccube, Ass.XChange ABL PLEASE NOTE : All opinions and observations made on this forum are my own view and made in a personal capacity. Lendy entered administration last month after enforcement action by the Financial Conduct Authority. then you can find the lendy action group . 730 likes. Lendy action group is a scam. Lendy Action Group. Capital is at risk. This forum uses cookies: As with most sites, Frank uses cookies. The Lendy Action Group’s (LAG’s) crowdfunding campaign is less than £1,000 away from its £75,000 target, with two days left to go. Another challenge RSM faces is the prospect of legal action, funded by crowdsourcing, from The Lendy Action Group (LAG) which includes investors who want to challenge how recoveries will be distributed to creditors. The initial goals of the Lendy Action Group are as follows: 1. The Lendy Action Group is legally challenging RSM (Lendy’s administrator) regarding this clause. Company status Dissolved Dissolved on 17 November 2020. Marc Shoffman. Lendy Action Group (LAG) members have noted that these offshore transfers came from investor deposits, which means that these are fraudulent … Lendy offers asset-backed investments that can earn investors up to 12%, including Lendy Wealth and Self-Select. February 5th, 2020: Lendy: The Lendy Action Group is raising legal funds to challenge Lendy’s administrator RSM. He said: “It’s staggering that Lendy was granted … Lendy, set up in 2012, crowdsourced loans to property developers and raised more than £400 million. ... both subsidiaries of Lendy Group Limited. Mission Statement of Lendy Action Group. General T&Cs Clause 9.7: "Where Lendy and/or Saving Stream Security Holding believes that an agreement to restructure the loan and amend the Loan Contract is in the interests of the relevant lenders as a group, and intends to amend the terms of the Loan Contract in accordance with clause 9.6 above, we will notify you of this." Investors in the failed peer-to-peer platform Lendy, who face losing tens of thousands of pounds in some cases, have launched an action group in their fight to recover cash. What this page is for: 1: The page is run by a Claims Management Company. No guarantee of recovery While some progress in recovering investors’ cash has been made, the lender warned defaults were growing and explained it was taking legal action … We are many but dispersed – together we become strong. he Lendy Action Group (LAG) has raised over £50,000 for its legal fund with just 17 days left to reach its £75,000 target. the group is working hard to reclaim the large amount of money owing . ... in the defaults and earning no interest until the very bitter end when lendy finally have sold the at set or the legal action to recover the Loss is complete. About 9,000 ordinary investors stand to lose close to half of Back to top please join the lendy action group on facebook . More for LENDY GROUP LIMITED (10474112) Registered office address Branksmere House, Queens Crescent, Southsea, Hampshire, United Kingdom, PO5 3HT . 2. March 2 2020 Lendy administrator makes latest distribution as legal action looms. If you enter the page you MAY be offered services if its director, Jane Sanders, feels there may be scope to assist you. Join the conversation at Frank. April 15 2020 Lendy administration extended by three years. The Lendy Action Group, which represents some of those left out of pocket, told The Times: 'The FCA needs to explain how this has been allowed to happen. The Lendy Action Group (LAG) – set up by disgruntled Lendy investors after the platform fell into administration last year – wants to challenge RSM’s ‘recovery waterfall,’ which sets out the order in which lenders will be repaid. February 6th, 2020: Lendy: Following legal challenges set forth by Lendy Action Group’s legal representative, administrator RSM is seeking legal counsel on the gray area waterfall distributions that could compensate Lendy’s previous owners.RSM’s fees have topped £1.7m so far. These cookies are vital for the forum to function … Marc Shoffman. Lendy Action Group. there is a legal side already happening . Lendy has been under the spotlight since October after it was revealed 68% of loans on its book had gone passed their due dates. Adam Bunch, a Lendy investor and co-founder of the Lendy Action Group, said: “Serious questions need to be asked about the FCA’s involvement and monitoring of Lendy … I will donate on their behalf but will up the ratio to £5:£1,000 and will send £50 once the link is … Lendy Action Group . Adam Bunch, of the Lendy Action Group, which represents investors in the firm, told the newspaper that FCA’s authorisation of Lendy had given some investors confidence to continue using the platform. A high-speed accident involving a Model 3 crashing into a pole recently provided an impressive look at the fire-resistant capabilities of Tesla’s batteries. 1278dale. I have taken screenshots of the attack. February 26 2020 Lendy Action Group close to meeting fundraising target. To work collectively to recover our investment. It is run by former lendy employees and the two owners of the group are attacking me in their posts. To act as a point of support and provide co-ordination, news and information to Lendy investors affected by their collapse. The Lendy Action Group (LAG) was set up by disgruntled Lendy investors in June 2019, after the peer-to-peer property development lender fell into administration in May that year.. We are many but dispersed – together we become strong. if you don't have a facebook account . The property P2P lender went into administration at the end of May after months of speculation about its future. To work collectively to recover our investment. I would definitely avoid this company and I will be looking to see what legal action can be taken either solely or as a collective. To all investors affected by the collapse of Lendy, please join us at the Lendy Action group. After peer-to-peer lender Lendy entered into administration in May last year, a group of disgruntled investors set up an action group the following month. anyone with a lendy account . Company type Private limited Company Incorporated on 11 November 2016. www dot lendyactiongroup dot co dot uk To aim to work collectively to recover our investment. London Capital & Finance - Action Group has 1,017 members. After that, they -moderators and their cronies- attacked trustpilot for not being bully boys. Lendy to accept lenders right to refuse the 11/07/18 terms and to treat these lenders fairly in accordance with the terms that do apply on a loan by loan basis. Lendy Action Group. Also, they removed my original messages due to seeing their names there. Lendy investors are raising money to take legal action over the way administrator RSM plans to distribute recovered funds. Lendy Ltd (In Administration) ("Lendy") is a company registered in England and Wales under number 8244913 with its registered office and principal place of business at RSM RESTRUCTURING ADVISORY LLP, 9th Floor 25 Farringdon Street, London, EC4A 4AB. A regulated peer to peer property finance platform has entered into administration following action from the Financial Conduct Authority. its easy to join . If you have lost money with Lendy please join the Lendy Action Group and help us fight for our rights and to get our hard earned money back! if you don't know how to do this please ask a family or friend for help. My Lendy investments are happily for me now at £0 but I have two close family member in for £5k each. Dispersed – together we become strong developers and raised more than lendy action group.... Messages due lendy action group seeing their names there bully boys point of support and co-ordination. 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