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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Open Lending Corp. - LPRO
LPROOpen Lending(LPRO) GlobeNewswire News Room·2025-04-21 18:46

Core Insights - Pomerantz LLP is investigating claims on behalf of investors of Open Lending Corp regarding potential securities fraud or unlawful business practices [1][3] Financial Performance - On March 17, 2025, Open Lending announced a delay in filing its annual report and postponed its Q4 and full-year 2024 earnings release, leading to a stock price drop of 0.82pershare,or19.030.82 per share, or 19.03%, closing at 3.49 per share on March 18, 2025 [3] - Following the filing of its annual report on March 31, 2025, Open Lending disclosed a larger-than-expected Q4 2024 net loss, attributed to a valuation allowance on deferred tax assets, resulting in a stock price decline of 1.59pershare,or57.611.59 per share, or 57.61%, closing at 1.17 per share on April 1, 2025 [4]