Kuehn Law Encourages Investors of Open Lending Corporation to Contact Law Firm

Core Viewpoint - Kuehn Law, PLLC is investigating potential breaches of fiduciary duties by certain officers and directors of Open Lending Corporation, following allegations of misrepresentation and failure to disclose critical financial information [1][2]. Group 1: Allegations of Misrepresentation - Insiders at Open Lending allegedly caused the company to misrepresent or fail to disclose key aspects of its financial health, including risk-based pricing models and profit share revenue [2]. - The company reportedly failed to disclose that its 2021 and 2022 vintage loans had significantly decreased in value compared to their outstanding loan balances [2]. - There are claims regarding the underperformance of the company's 2023 and 2024 vintage loans, which contributed to misleading positive statements about the company's business and prospects [2]. Group 2: Legal Action and Shareholder Rights - Kuehn Law is reaching out to shareholders who purchased LPRO shares prior to February 24, 2022, to inform them of their potential rights and the limited time available to enforce those rights [3]. - The firm emphasizes the importance of shareholder participation in maintaining the integrity of financial markets [4].