{"id":832583,"date":"2025-04-01T14:11:02","date_gmt":"2025-04-01T18:11:02","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/berman-tabacco-announces-investigation-of-open-lending-corporation\/"},"modified":"2025-04-01T14:11:02","modified_gmt":"2025-04-01T18:11:02","slug":"berman-tabacco-announces-investigation-of-open-lending-corporation","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/berman-tabacco-announces-investigation-of-open-lending-corporation\/","title":{"rendered":"Berman Tabacco Announces Investigation of Open Lending Corporation"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">BOSTON, April  01, 2025  (GLOBE NEWSWIRE) &#8212; Berman Tabacco announces that it is investigating potential securities law violations by Open Lending Corporation (\u201cOpen Lending\u201d or the \u201cCompany\u201d) (Nasdaq: LPRO).\u00a0\u00a0<\/p>\n<p align=\"justify\">\n        <strong>About the Investigation <\/strong>\n      <\/p>\n<p align=\"justify\">On March 17, 2025, <em>Bloomberg <\/em>reported, \u201cOpen Lending shares fall as much as 10% to a record low after the auto loan analytics provider says it postponed its earnings release and conference call, previously scheduled for March 17.\u201d<\/p>\n<p align=\"justify\">Then, on April 1, 2025, <em>Bloomberg <\/em>reported \u201cOpen Lending shares are down 19% in premarket trading, after the financial services reported its fourth-quarter results and gave an outlook. The company also announced management changes.\u201d In a separate press release, Open Lending announced that it appointed Jessica Buss as Chief Executive Officer, effective immediately. Additionally, the Company stated, \u201c[t]he year ended December 31, 2024 was negatively impacted by a $96.1 million reduction in estimated profit share revenues\u00a0related to business in historic vintages as compared to a $22.8 million reduction in the prior year.\u201d<\/p>\n<p align=\"justify\">\n        <strong>Contact<\/strong>\n      <\/p>\n<p align=\"justify\">If you would like more information concerning our investigation, please click here: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=G43AXama17y3Y513DZVUoG-aMLoI-JV6kG0NqXOpNV7t0lV8nJZNJF--0CWtpZ8AbMGcmYVdBCplc1Y92Fink7TZ6oOxWlM2NZkhsIZQphyEzsfqUqg98ZbKFP1_N7MA1L-5UW9kpqkWmL-0m6kF-l5JxyUPq6UHpHHs8XdiWX8FlyDnZP-oLFUFj-i_Oof3npS9tSVLGGUL8Er1iNu1Gg==\" rel=\"nofollow\" target=\"_blank\">Shareholder Contact | Berman Tabacco<\/a> or contact us at 800-516-9926 or <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Wt-8mC77hjna2U82HHQRFxYDUezaAh2vZZLtxbY2JVHmnI9J_WB6Rx8rEubB2mWXZDN4AScCt4eqoPndzdzKakDi46wW6o9DZXov92B9Pbg=\" rel=\"nofollow\" target=\"_blank\">law@bermantabacco.com<\/a>.<\/p>\n<p align=\"justify\">\n        <strong>About Berman Tabacco<\/strong>\n      <\/p>\n<p align=\"justify\">Since 1982, our firm has prosecuted hundreds of securities cases on behalf of investors. The firm and its attorneys have been recognized for their work on behalf of plaintiffs, including by <em>Benchmark Litigation,<\/em> which ranked the firm as a <em>Top Plaintiffs\u2019 Firm <\/em>and as <em>Highly Recommended<\/em>. <em>Chambers USA<\/em> recognized the firm as a leading securities litigation firm in its <em>Securities Litigation\u2013Mainly Plaintiff<\/em> category. <em>The Legal 500<\/em> has also ranked the firm as <em>recommended<\/em> in securities litigation. The firm has offices in Boston, Massachusetts and San Francisco, California.<\/p>\n<p>\n        <strong>This notice may constitute attorney advertising.<\/strong>\u00a0\u00a0<\/p>\n<p>\n        <strong>Past results do not guarantee future outcomes.\u00a0<\/strong>\n      <\/p>\n<p>Jay Eng, Esq.<br \/>Berman Tabacco<br \/>One Liberty Square<br \/>Boston, Massachusetts<br \/>(800) 516-9926<br \/>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Wt-8mC77hjna2U82HHQRFxYDUezaAh2vZZLtxbY2JVEOoajeUioLgJi9yInBCFfkLxoZTMvRabmhsVfZAmgrWkaUaeNmLedtjro0aR45Pg4=\" rel=\"nofollow\" target=\"_blank\">law@bermantabacco.com<\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQxNTA3MSM2ODQ2MDUyIzIyNjQxMTY=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/NzkxODE2ZDItNzM1Ni00MzgyLWFiYzctZmZlNjhlYjgyMWZlLTEyNzU2NjYtMjAyNS0wNC0wMS1lbg==\/tiny\/Berman-Tabacco.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>BOSTON, April 01, 2025 (GLOBE NEWSWIRE) &#8212; Berman Tabacco announces that it is investigating potential securities law violations by Open Lending Corporation (\u201cOpen Lending\u201d or the \u201cCompany\u201d) (Nasdaq: LPRO).\u00a0\u00a0 About the Investigation On March 17, 2025, Bloomberg reported, \u201cOpen Lending shares fall as much as 10% to a record low after the auto loan analytics provider says it postponed its earnings release and conference call, previously scheduled for March 17.\u201d Then, on April 1, 2025, Bloomberg reported \u201cOpen Lending shares are down 19% in premarket trading, after the financial services reported its fourth-quarter results and gave an outlook. The company also announced management changes.\u201d In a separate press release, Open Lending announced that it appointed Jessica Buss as Chief Executive &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/berman-tabacco-announces-investigation-of-open-lending-corporation\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Berman Tabacco Announces Investigation of Open Lending Corporation&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-832583","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Berman Tabacco Announces Investigation of Open Lending Corporation - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/berman-tabacco-announces-investigation-of-open-lending-corporation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Berman Tabacco Announces Investigation of Open Lending Corporation - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"BOSTON, April 01, 2025 (GLOBE NEWSWIRE) &#8212; Berman Tabacco announces that it is investigating potential securities law violations by Open Lending Corporation (\u201cOpen Lending\u201d or the \u201cCompany\u201d) (Nasdaq: LPRO).\u00a0\u00a0 About the Investigation On March 17, 2025, Bloomberg reported, \u201cOpen Lending shares fall as much as 10% to a record low after the auto loan analytics provider says it postponed its earnings release and conference call, previously scheduled for March 17.\u201d Then, on April 1, 2025, Bloomberg reported \u201cOpen Lending shares are down 19% in premarket trading, after the financial services reported its fourth-quarter results and gave an outlook. The company also announced management changes.\u201d In a separate press release, Open Lending announced that it appointed Jessica Buss as Chief Executive &hellip; Continue reading &quot;Berman Tabacco Announces Investigation of Open Lending Corporation&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/berman-tabacco-announces-investigation-of-open-lending-corporation\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-01T18:11:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQxNTA3MSM2ODQ2MDUyIzIyNjQxMTY=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/berman-tabacco-announces-investigation-of-open-lending-corporation\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/berman-tabacco-announces-investigation-of-open-lending-corporation\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Berman Tabacco Announces Investigation of Open Lending Corporation\",\"datePublished\":\"2025-04-01T18:11:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/berman-tabacco-announces-investigation-of-open-lending-corporation\\\/\"},\"wordCount\":301,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/berman-tabacco-announces-investigation-of-open-lending-corporation\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTQxNTA3MSM2ODQ2MDUyIzIyNjQxMTY=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/berman-tabacco-announces-investigation-of-open-lending-corporation\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/berman-tabacco-announces-investigation-of-open-lending-corporation\\\/\",\"name\":\"Berman Tabacco Announces Investigation of Open Lending Corporation - 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The company also announced management changes.\u201d In a separate press release, Open Lending announced that it appointed Jessica Buss as Chief Executive &hellip; Continue reading \"Berman Tabacco Announces Investigation of Open Lending Corporation\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/berman-tabacco-announces-investigation-of-open-lending-corporation\/","og_site_name":"Market Newsdesk","article_published_time":"2025-04-01T18:11:02+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQxNTA3MSM2ODQ2MDUyIzIyNjQxMTY=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/berman-tabacco-announces-investigation-of-open-lending-corporation\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/berman-tabacco-announces-investigation-of-open-lending-corporation\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Berman Tabacco Announces Investigation of Open Lending Corporation","datePublished":"2025-04-01T18:11:02+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/berman-tabacco-announces-investigation-of-open-lending-corporation\/"},"wordCount":301,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/berman-tabacco-announces-investigation-of-open-lending-corporation\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQxNTA3MSM2ODQ2MDUyIzIyNjQxMTY=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/berman-tabacco-announces-investigation-of-open-lending-corporation\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/berman-tabacco-announces-investigation-of-open-lending-corporation\/","name":"Berman Tabacco Announces Investigation of Open Lending Corporation - 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