Open Lending(LPRO) Prnewswire·2025-05-27 05:55Core Viewpoint - A class action lawsuit has been filed against Open Lending Corporation for alleged violations of federal securities laws, specifically regarding misleading statements about its risk-based pricing model and profit share revenue [1] Group 1: Lawsuit Details - The lawsuit claims that Open Lending overstated the capabilities of its risk-based pricing model and misrepresented its profit share revenue [1] - It is alleged that the company failed to disclose that loans from 2021 and 2022 were worth less than their outstanding balances [1] - Investors were misled about the underperformance of the company's vintage loans from 2023 and 2024 [1] Group 2: Shareholder Information - Shareholders who purchased Open Lending securities between February 24, 2022, and March 31, 2025, are encouraged to contact the DJS Law Group before June 30, 2025, to participate in the lawsuit [1][2]