LPRO Deadline: LPRO Investors with Losses in Excess of $100K Have Opportunity to Lead Open Lending Corporation Securities Fraud Lawsuit

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Open Lending Corporation securities between February 24, 2022, and March 31, 2025, of the June 30, 2025, lead plaintiff deadline for a class action lawsuit [1]. Group 1: Class Action Details - Investors who purchased Open Lending securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by June 30, 2025 [3]. - Investors can join the class action by visiting the provided link or contacting the law firm directly for more information [6]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements in recovering hundreds of millions for investors [4]. - The firm has been recognized for its performance in securities class action settlements, including being ranked No. 1 by ISS Securities Class Action Services in 2017 and securing over $438 million for investors in 2019 [4]. Group 3: Case Allegations - The lawsuit alleges that Open Lending's defendants made materially false and misleading statements regarding the company's business operations and prospects, including misrepresentations about risk-based pricing models and profit share revenue [5]. - Specific claims include the failure to disclose that Open Lending's 2021 and 2022 vintage loans were worth significantly less than their outstanding balances, as well as misrepresentations about the underperformance of 2023 and 2024 vintage loans [5].