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Contact The Gross Law Firm by June 30, 2025 Deadline to Join Class Action Against Open Lending Corporation (LPRO)
Open LendingOpen Lending(US:LPRO) GlobeNewswire News Roomยท2025-06-23 20:00

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Open Lending Corporation regarding a class action lawsuit due to alleged misleading statements and omissions related to the company's financial performance and risk-based pricing models [1][3]. Summary by Relevant Sections Class Action Details - The class period for the lawsuit is from February 24, 2022, to March 31, 2025 [3]. - Allegations include misrepresentation of the company's risk-based pricing models, misleading statements about profit share revenue, and failure to disclose the devaluation of vintage loans from 2021 and 2022 [3]. Shareholder Actions - Shareholders are encouraged to register for the class action by June 30, 2025, to potentially be appointed as lead plaintiffs [4]. - Registration allows shareholders to receive updates through a portfolio monitoring software regarding the case's progress [4]. Law Firm Background - The Gross Law Firm is recognized nationally for class action lawsuits and aims to protect investors from deceit and fraud [5]. - The firm emphasizes the importance of responsible business practices and seeks recovery for investors affected by misleading corporate statements [5].