July 13, 2015 (Shareholders Foundation) - An investigation on behalf of investors of On Deck Capital Inc (NYSE:ONDK) shares over potential securities laws violations by On Deck Capital and certain of its directors and officers in connection certain financial statements was announced.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of On Deck Capital Inc (NYSE:ONDK) concerning whether a series of statements by On Deck Capital regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

In December 2014 On Deck Capital Inc went public. Shares of On Deck Capital Inc (NYSE:ONDK) traded on December 18, 2014 as high as $28.98 per share.

On February 23, 2015, On Deck Capital Inc reported its fourth quarter and full year 2014 financial results. On Deck Capital Inc reported that its annual Total Revenue rose from $65.25 million in 2013 to $158.06 million in 2014 and that its Net Loss declined from $24.36 million in 2013 declined to $18.71 million in 2014.

On May 4, 2015, On Deck Capital Inc reported its first quarter 2015 financial results. Among other things, On Deck Capital Inc also issued its second quarter 2015 and fully year 2015 guidance.