Workflow
INVESTOR ALERT: Holzer & Holzer, LLC Reminds Investors of June 30, 2025 Lead Plaintiff Deadline in the Open Lending Corporation (LPRO) Securities Class Action – Investors With Significant Losses Encouraged to Contact the Firm
Open LendingOpen Lending(US:LPRO) GlobeNewswire News Room·2025-06-23 15:56

Core Points - A shareholder class action lawsuit has been filed against Open Lending Corporation, alleging that the company made materially false and misleading statements regarding its business and operations [1] - The lawsuit claims that Open Lending misrepresented the capabilities of its risk-based pricing models and issued misleading statements about its profit share revenue [1] - It is also alleged that the company failed to disclose that its 2021 and 2022 vintage loans were worth significantly less than their outstanding loan balances, and misrepresented the underperformance of its 2023 and 2024 vintage loans [1] Legal Context - Shareholders who purchased Open Lending shares between February 24, 2022, and March 31, 2025, and suffered significant losses are encouraged to discuss their legal rights [2] - The deadline to request to be appointed as lead plaintiff in the case is June 30, 2025 [3] - Holzer & Holzer, LLC is representing the shareholders and has a history of recovering significant amounts for investors affected by corporate misconduct [3]