Sep

Chief Executive of Social Finance, an Online Lending Start-Up, to Step Down

Social Finance, an online lender that is one of the more prominent financial technology start-ups, said on Monday that its co-founder and chief executive Mike Cagney planned to step down by the end of the year.

The resignation follows a lawsuit over claims of sexual harassment at the San Francisco-based start-up, which is known as SoFi. Several former employees said that Mr. Cagney, 46, had inappropriate relationships with SoFi employees, which helped foment a toxic workplace culture…

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Chief Executive of Social Finance, an Online Lending Start-Up, to Step Down

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