ROSEN, A TRUSTED AND LEADING LAW FIRM, 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 during the specified class period of the upcoming lead plaintiff deadline on June 30, 2025, for a class action lawsuit [1][2]. Group 1: Class Action Details - Investors who purchased Open Lending securities between February 24, 2022, and March 31, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by June 30, 2025 [3]. - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. Group 2: Allegations Against Open Lending - The lawsuit alleges that Open Lending's defendants made materially false and misleading statements and failed to disclose adverse facts about the company's business and operations [5]. - Specific allegations include misrepresentation of Open Lending's risk-based pricing models, misleading statements regarding profit share revenue, and failure to disclose the devaluation of vintage loans from 2021 and 2022 [5]. - The lawsuit claims that these misleading statements resulted in investor damages when the true details became public [5].