ATLANTA, May 02, 2025 (GLOBE NEWSWIRE) — A shareholder class action lawsuit has been filed against Open Lending Corporation (“Open Lending” or the “Company”) (NASDAQ: LPRO). The lawsuit alleges that Defendants made materially false and misleading statements and/or failed to disclose material adverse information regarding Open Lending’s business, operations, and prospects, including allegations that Defendants: (1) misrepresented the capabilities of Open Lending’s risk-based pricing models; (2) issued materially misleading statements regarding the Company’s profit share revenue; (3) failed to disclose Open Lending’s 2021 and 2022 vintage loans had become worth significantly less than their corresponding outstanding loan balances; and (4) misrepresented the underperformance of Open Lending’s 2023 and 2024 vintage loans.
If you bought shares of Open Lending between February 24, 2022 and March 31, 2025and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey D. Holzer, Esq. at cholzer@holzerlaw.comby toll-free telephone at (888) 508-6832 or you may visit the firm’s website at www.holzerlaw.com/case/open-lending/ to learn more.
The deadline to ask the court to be appointed lead plaintiff in the case is June 30, 2025.
Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021, 2022, and 2023, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.
CONTACT:
Corey Holzer, Esq.
(888) 508-6832 (toll-free)
cholzer@holzerlaw.com
