LPRO DEADLINE ALERT: ROSEN, A GLOBALLY RESPECTED LAW FIRM, Encourages Open Lending Corporation Investors to Secure Counsel Before Important June 30 Deadline in Securities Class Action – LPRO

Core Points - The article discusses a class action lawsuit against Open Lending Corporation (NASDAQ: LPRO) for misleading statements made during the Class Period from February 24, 2022, to March 31, 2025 [1][5] - Investors who purchased Open Lending securities during this period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] Company Information - The lawsuit alleges that Open Lending's defendants made materially false and misleading statements regarding the company's risk-based pricing models, profit share revenue, and the value of vintage loans from 2021 and 2022 [5] - It is claimed that the defendants failed to disclose that the 2021 and 2022 vintage loans were worth significantly less than their outstanding loan balances, and misrepresented the underperformance of the 2023 and 2024 vintage loans [5] - The misleading statements led to investor damages when the true details about Open Lending's business and operations became known [5] Legal Process - A lead plaintiff must be appointed by June 30, 2025, to represent other class members in the litigation [3] - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]