NEW YORK, May 15, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Open Lending Corporation (NASDAQ: LPRO).Shareholders who purchased shares of LPRO during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/open-lending-corporation-loss-submission-form/?id=148440&from=4 CLASS PERIOD: Feb ...

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Open Lending Corporation due to alleged violations of federal securities laws, encouraging affected investors to come forward before the June 30, 2025 deadline for lead plaintiff applications [3][5]. Group 1: Allegations Against Open Lending - The complaint alleges that Open Lending and its executives made false or misleading statements and failed to disclose material adverse facts about the company's business and operations [5]. - Specific allegations include misrepresentation of the company's risk-based pricing models, misleading statements regarding profit share revenue, and failure to disclose the significant depreciation of 2021 and 2022 vintage loans [5]. - The complaint also claims that the company misrepresented the underperformance of its 2023 and 2024 vintage loans, leading to materially misleading positive statements about its business prospects [5]. Group 2: Stock Price Impact - On March 17, 2025, Open Lending postponed its earnings release and conference call, resulting in a stock price drop of $0.40, or 9.3%, closing at $3.91 per share [6]. - Following the announcement of a substantial year-over-year increase in net loss for Q4 2024 and significant leadership changes, the stock price fell by $1.59, or 57.61%, closing at $1.17 per share on April 1, 2025 [7]. Group 3: Legal Proceedings - The court-appointed lead plaintiff is defined as the investor with the largest financial interest in the relief sought, who will oversee the litigation on behalf of the class [8]. - Any member of the putative class can move to serve as lead plaintiff or remain an absent class member without affecting their ability to share in any recovery [8]. Group 4: Call for Information - Faruqi & Faruqi encourages anyone with information regarding Open Lending's conduct, including whistleblowers and former employees, to contact the firm [9].

NEW YORK, May 13, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Open Lending Corporation ("Open Lending Corporation" or the "Company") (NASDAQ: LPRO) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Open Lending Corporation investors who were adversely affected by alleged securities fraud between February 24, 2022 and March 31, 2025. Follow the link below to get more information and be contacted by a member of our team: https://z ...

NEW YORK, May 13, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Open Lending Corporation ("Open Lending Corporation" or the "Company") (NASDAQ: LPRO) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Open Lending Corporation investors who were adversely affected by alleged securities fraud between February 24, 2022 and March 31, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com ...

NEW YORK, May 12, 2025 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP, a distinguished law firm with over 125 years of history, informs investors that a class action lawsuit has been filed Open Lending Corporation (Open Lending or the Company) (NASDAQ: LPRO) on behalf of a class consisting of all investors that purchased or otherwise acquired Open Lending securities between February 24, 2022 and March 31, 2025, both dates inclusive (the "Class Period"). Deadline to sign up: If you are an inve ...

NEW YORK, May 12, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Open Lending Corporation (NASDAQ: LPRO). Shareholders who purchased shares of LPRO during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/open-lending-corporation-loss-submission-form/?id=147752&from=3 CLASS PERI ...

NEW YORK, May 12, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Open Lending Corporation (NASDAQ: LPRO).Shareholders who purchased shares of LPRO during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/open-lending-corporation-loss-submission-form/?id=147730&from=4CLASS PERIOD: Febr ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In Open Lending To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $75,000 in Open Lending between February 24, 2022 and March 31, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, May 11, 202 ...

Core Viewpoint - Open Lending Corporation is facing a class action lawsuit for alleged violations of the Securities Exchange Act of 1934, with claims of misleading statements regarding its financial performance and risk analytics solutions [1][3]. Group 1: Allegations and Financial Impact - The lawsuit alleges that Open Lending misrepresented its risk-based pricing model and profit share revenue, and failed to disclose significant declines in the value of its vintage loans from 2021 and 2022 [3]. - On March 17, 2025, Open Lending announced it would delay its Annual Report for 2024, leading to a stock price drop of over 9% [4]. - Following the release of its Q4 and full year 2024 financial results on March 31, 2025, Open Lending reported a quarterly revenue of negative $56.9 million and a net loss of $144 million, causing its stock price to plummet nearly 58% [5]. Group 2: Class Action Process - Investors who purchased Open Lending securities during the class period can seek appointment as lead plaintiff, representing the interests of the class [6]. - The lead plaintiff can choose a law firm to litigate the case, and participation as lead plaintiff does not affect the ability to share in any potential recovery [6]. Group 3: Company Background - Open Lending provides lending enablement and risk analytics solutions to various financial institutions, including credit unions and regional banks [2].

SAN DIEGO, May 09, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Open Lending Corporation (NASDAQ: LPRO) securities between February 24, 2022 and March 31, 2025. Open Lending is a provider of loan services to automotive lenders. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegations: Robbins LLP is Investigating Allegations that Open Len ...