Core Viewpoint - Open Lending Corp. is under investigation for potential securities law violations following a significant decline in its stock price due to a delay in filing its annual Form 10-K and postponement of its Q4 and full-year 2024 earnings release [2][4]. Group 1: Company Performance - Shares of Open Lending Corp. fell by 11% in intraday trading after a previous decline of 9.28% on March 17, 2025 [2]. - The company cited the need for additional time to finalize its financial statements, raising concerns about its internal controls and financial reporting [2]. Group 2: Legal Investigation - Block & Leviton is investigating Open Lending Corp. for potential securities law violations and may file an action to recover losses for affected investors [4]. - Investors who have lost money in Open Lending Corp. are encouraged to contact Block & Leviton for assistance [3][5]. Group 3: Whistleblower Information - Individuals with non-public information about Open Lending Corp. are encouraged to assist in the investigation or file a report with the SEC under the whistleblower program, potentially receiving rewards of up to 30% of any successful recovery [6]. Group 4: Firm Reputation - Block & Leviton is recognized as a leading securities class action firm, having recovered billions for defrauded investors and representing many top institutional investors [7].
BREAKING: Open Lending Corp. (LPRO) Investigated For Securities Fraud; Block & Leviton Encourages Investors Who Have Lost Money to Contact the Firm