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INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of Open Lending Corporation (LPRO) Investors – Holzer & Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm
Open LendingOpen Lending(US:LPRO) GlobeNewswire News Room·2025-05-02 12:00

Core Points - A shareholder class action lawsuit has been filed against Open Lending Corporation, alleging that the company made materially false and misleading statements regarding its business and operations [1] - The lawsuit claims that Open Lending misrepresented the capabilities of its risk-based pricing models and issued misleading statements about its profit share revenue [1] - It is alleged that Open Lending failed to disclose that its 2021 and 2022 vintage loans were worth significantly less than their outstanding loan balances [1] - The lawsuit also claims that the company misrepresented the underperformance of its 2023 and 2024 vintage loans [1] Legal Context - Shareholders who purchased Open Lending shares between February 24, 2022, and March 31, 2025, and suffered significant losses are encouraged to discuss their legal rights [2] - The deadline to request to be appointed lead plaintiff in the case is June 30, 2025 [3] - Holzer & Holzer, LLC is representing shareholders in this litigation and has a history of recovering significant amounts for shareholders affected by corporate misconduct [3]