ROSEN, GLOBAL INVESTOR RIGHTS COUNSEL, Encourages Open Lending Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – LPRO

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Open Lending Corporation securities between February 24, 2022, and March 31, 2025, of the upcoming lead plaintiff deadline on June 30, 2025, for a class action lawsuit [1] Group 1: Class Action Details - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the Court by June 30, 2025, to serve as lead plaintiff [2] - The Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions [3] Group 2: Allegations Against Open Lending - The lawsuit alleges that defendants made materially false and misleading statements and failed to disclose adverse facts about Open Lending's business and operations [4] - Specific allegations include misrepresentation of risk-based pricing models, misleading statements regarding profit share revenue, and failure to disclose the devaluation of vintage loans from 2021 and 2022 [4] - The lawsuit claims that when the true details became known, investors suffered damages due to the misleading positive statements about Open Lending's business [4]