US EditionINVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Open Lending
- A federal securities class action was filed against Open Lending Corporation, with a June 30, 2025 deadline to apply as lead plaintiff.
- The lawsuit followed Open Lending's disclosure delays, a negative $56.9 million quarterly revenue, and accounting reviews concerning profit share revenue.
- Open Lending replaced CEO Charles D. Jehl immediately amid several stock price declines, including a $1.59 drop on April 1, 2025.
- The complaint alleges false or misleading statements about risk models, profit share revenues, and loan vintage underperformance, causing investor losses over $75,000.
- This legal action and leadership changes indicate ongoing scrutiny and financial uncertainty for Open Lending with potential recovery for harmed investors.
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Berger Montague Reminds Open Lending Corporation (NASDAQ: LPRO) Investors With Substantial Losses to Inquire About a Securities Fraud Class Action by June 30, 2025
PHILADELPHIA, June 16, 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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