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The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of June 30, 2025 in Open Lending Corporation Lawsuit - LPRO
LPROOpen Lending(LPRO) Prnewswire·2025-06-05 09:45

Core Points - The Gross Law Firm has issued a notice to shareholders of Open Lending Corporation (NASDAQ: LPRO) regarding a class action lawsuit for shareholders who purchased shares during the class period from February 24, 2022, to March 31, 2025 [1] - Allegations against the company include misrepresentation of risk-based pricing models, misleading statements about profit share revenue, failure to disclose the depreciation of vintage loans from 2021 and 2022, and misrepresentation of the performance of 2023 and 2024 vintage loans [1] - The deadline for shareholders to register for the class action is June 30, 2025, and there is no cost or obligation to participate [2] Company and Industry Summary - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit, fraud, and illegal business practices [3] - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions that inflated stock prices [3]