LPRO Investors Have Opportunity to Lead Open Lending Corporation Securities Fraud Lawsuit
- Rosen Law Firm reminded purchasers of Open Lending Corporation securities of the June 30, 2025 deadline to move the Court to serve as lead plaintiff for a class action lawsuit.
- The lawsuit claims that during the class period, defendants provided false and misleading information concerning Open Lending’s risk-based pricing models, profit share revenue, and the valuation of loan portfolios spanning vintages from 2021 through 2024.
- Open Lending reported a quarterly loss of $56.9 million as of March 31, 2025, which included a $81.3 million downward adjustment in projected profit share income tied to older loan portfolios.
- On April 1, 2025, the company's share price fell $1.59, closing at $1.17, after disclosing delayed 2024 Annual Report filings due to profit share revenue issues.
- Individuals who acquired shares of Open Lending Corporation within the defined timeframe could pursue lead plaintiff status and potential recovery through contingency-based legal representation before the June 30 deadline.
151 Articles
151 Articles
(NASDAQ: LPRO) DEADLINE REMINDER: Berger Montague Reminds Open Lending Corporation (NASDAQ: ...
PHILADELPHIA, May 29, 2025 (GLOBE NEWSWIRE) -- Berger Montague PC advises investors that a securities class action lawsuit has been filed against Open Lending Corporation (“Open Lending” or the “Company”) (NASDAQ: LPRO) on behalf of purchasers of Open Lending securities…
Barrack, Rodos & Bacine Notifies Shareholders of Open Lending Corp. (LPRO) of a Securities ...
PHILADELPHIA, May 20, 2025 (GLOBE NEWSWIRE) -- The law firm of Barrack, Rodos & Bacine announces that a class action lawsuit has been filed on behalf of investors who purchased stock in Open Lending Corp. (NASDAQ: LPRO) between February 24,…
SHAREHOLDER ALERT: Berger Montague Reminds Open Lending Corporation (NASDAQ: LPRO) Investors of ...
PHILADELPHIA, May 19, 2025 (GLOBE NEWSWIRE) -- Berger Montague PC advises investors that a securities class action lawsuit has been filed against Open Lending Corporation (“Open Lending” or the “Company”) (NASDAQ: LPRO) on behalf of purchasers of Open Lending securities…
Gainey McKenna & Egleston Announces a Class Action Lawsuit Has Been Filed Against Open Lending Corporation (LPRO) - Open Lending (NASDAQ:LPRO)
NEW YORK, May 02, 2025 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Western District of Texas on behalf of all persons or entities who purchased or otherwise acquired Open Lending Corporation ("Open Lending" or the "Company") (NASDAQ:LPRO) securities between February 24, 2022 and March 31, 2025, both dates inclusive (the "Class Period"). …
ATTENTION NASDAQ: LPRO INVESTORS: Contact Berger Montague About an Open Lending Corporation Class Action Lawsuit
PHILADELPHIA, May 2, 2025 /PRNewswire/ -- Berger Montague PC advises investors that a securities class action lawsuit has been filed against Open Lending Corporation ("Open Lending" or the "Company") (NASDAQ: LPRO) on behalf of purchasers of Open Lending securities between…
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