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SHAREHOLDER ALERT Bernstein Liebhard LLP Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against Open Lending Corporation (NASDAQ: LPRO)
Open LendingOpen Lending(US:LPRO) GlobeNewswire News Roomยท2025-06-19 12:15

Core Viewpoint - A class action lawsuit has been filed against Open Lending Corporation and certain senior officers for alleged violations of the Securities Exchange Act of 1934, specifically regarding misrepresentations about the company's risk-based pricing models [1][2]. Group 1: Legal Action Details - The complaint was filed in the United States District Court for the Western District of Texas on behalf of investors who purchased Open Lending securities between February 24, 2022, and March 31, 2025 [1]. - Investors are encouraged to join the class action lawsuit and can contact the Investor Relations Manager for more information [2][3]. Group 2: Firm Background - Bernstein Liebhard LLP has recovered over $3.5 billion for clients since 1993 and has represented both individual investors and large public and private pension funds [4]. - The firm has been recognized multiple times for its success in litigating class actions, being named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for sixteen consecutive years [4].