{"id":848818,"date":"2025-05-07T18:47:54","date_gmt":"2025-05-07T22:47:54","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/lpro-investors-have-opportunity-to-lead-open-lending-corporation-securities-fraud-lawsuit-2\/"},"modified":"2025-05-07T18:47:54","modified_gmt":"2025-05-07T22:47:54","slug":"lpro-investors-have-opportunity-to-lead-open-lending-corporation-securities-fraud-lawsuit-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lpro-investors-have-opportunity-to-lead-open-lending-corporation-securities-fraud-lawsuit-2\/","title":{"rendered":"LPRO Investors Have Opportunity to Lead Open Lending Corporation Securities Fraud Lawsuit"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n
\n NEW YORK<\/span>
\n <\/span>, May 7, 2025<\/span><\/span> \/PRNewswire\/ —<\/p>\n

\n

\n
\n \"Rosen
\n <\/a>\n <\/p>\n<\/p><\/div>\n

Why:\u00a0Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Open Lending Corporation (NASDAQ: LPRO) between February 24, 2022<\/span> and March 31, 2025<\/span>, both dates inclusive (the “Class Period”). If you wish to serve as lead plaintiff, you must move the Court\u00a0no later than June 30, 2025<\/span>.<\/p>\n

So what: If you purchased Open Lending securities\u00a0during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.<\/p>\n

What to do next: To join the Open Lending\u00a0class action, go to https:\/\/rosenlegal.com\/submit-form\/?case_id=39014<\/a> or call Phillip Kim, Esq.<\/span> at 866-767-3653 or email case@rosenlegal.com<\/a> for more information. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court\u00a0no later than June 30<\/span>, 2025.\u00a0A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.<\/p>\n

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million<\/span> for investors. In 2020, founding partner Laurence Rosen<\/span> was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.<\/p>\n

Details of the case: According to the lawsuit, throughout the Class Period, defendants made materially false and\/or misleading statements, as well as failed to disclose materially adverse facts about Open Lending’s business, operations, and prospects. Specifically, defendants: (1) misrepresented the capabilities of Open Lending’s risk-based pricing models; (2) issued materially misleading statements regarding Open Lending’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; (4) misrepresented the underperformance of Open Lending’s 2023 and 2024 vintage loans; and (5) as a result of the foregoing, defendants’ positive statements about Open Lending’s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.<\/p>\n

To join the Open Lending class action, go to https:\/\/rosenlegal.com\/submit-form\/?case_id=39014<\/a> or call Phillip Kim, Esq.<\/span> at 866-767-3653 or email case@rosenlegal.com<\/a> for more information.<\/p>\n

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.<\/p>\n

Follow us for updates on LinkedIn: https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a>, on Twitter: https:\/\/twitter.com\/rosen_firm<\/a> or on Facebook: https:\/\/www.facebook.com\/rosenlawfirm\/<\/a>.<\/p>\n

Attorney Advertising. Prior results do not guarantee a similar outcome.<\/p>\n

Contact Information:<\/p>\n

\n Laurence Rosen, Esq.<\/span>
\n
\n Phillip Kim, Esq.<\/span>
\n
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY<\/span> 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
case@rosenlegal.com<\/a>
www.rosenlegal.com<\/a><\/p>\n

\n \"Cision\" View original content to download multimedia:https:\/\/www.prnewswire.com\/news-releases\/lpro-investors-have-opportunity-to-lead-open-lending-corporation-securities-fraud-lawsuit-302448939.html<\/a><\/p>\n

SOURCE THE ROSEN LAW FIRM, P. A.<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire NEW YORK , May 7, 2025 \/PRNewswire\/ — Why:\u00a0Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Open Lending Corporation (NASDAQ: LPRO) between February 24, 2022 and March 31, 2025, both dates inclusive (the “Class Period”). If you wish to serve as lead plaintiff, you must move the Court\u00a0no later than June 30, 2025. So what: If you purchased Open Lending securities\u00a0during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. What to do next: To join the Open Lending\u00a0class action, go to https:\/\/rosenlegal.com\/submit-form\/?case_id=39014 or call Phillip Kim, … <\/p>\n

Continue reading “LPRO Investors Have Opportunity to Lead Open Lending Corporation Securities Fraud Lawsuit”<\/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-848818","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nLPRO Investors Have Opportunity to Lead Open Lending Corporation Securities Fraud Lawsuit - 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\/lpro-investors-have-opportunity-to-lead-open-lending-corporation-securities-fraud-lawsuit-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LPRO Investors Have Opportunity to Lead Open Lending Corporation Securities Fraud Lawsuit - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK , May 7, 2025 \/PRNewswire\/ — Why:\u00a0Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Open Lending Corporation (NASDAQ: LPRO) between February 24, 2022 and March 31, 2025, both dates inclusive (the “Class Period”). If you wish to serve as lead plaintiff, you must move the Court\u00a0no later than June 30, 2025. So what: If you purchased Open Lending securities\u00a0during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. What to do next: To join the Open Lending\u00a0class action, go to https:\/\/rosenlegal.com\/submit-form\/?case_id=39014 or call Phillip Kim, … Continue reading "LPRO Investors Have Opportunity to Lead Open Lending Corporation Securities Fraud Lawsuit"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/lpro-investors-have-opportunity-to-lead-open-lending-corporation-securities-fraud-lawsuit-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-07T22:47:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/405060\/Rosen_Law_Logo.jpg\" \/>\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=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lpro-investors-have-opportunity-to-lead-open-lending-corporation-securities-fraud-lawsuit-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lpro-investors-have-opportunity-to-lead-open-lending-corporation-securities-fraud-lawsuit-2\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"LPRO Investors Have Opportunity to Lead Open Lending Corporation Securities Fraud Lawsuit\",\"datePublished\":\"2025-05-07T22:47:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lpro-investors-have-opportunity-to-lead-open-lending-corporation-securities-fraud-lawsuit-2\\\/\"},\"wordCount\":648,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lpro-investors-have-opportunity-to-lead-open-lending-corporation-securities-fraud-lawsuit-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/405060\\\/Rosen_Law_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lpro-investors-have-opportunity-to-lead-open-lending-corporation-securities-fraud-lawsuit-2\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lpro-investors-have-opportunity-to-lead-open-lending-corporation-securities-fraud-lawsuit-2\\\/\",\"name\":\"LPRO Investors Have Opportunity to Lead Open Lending Corporation Securities Fraud Lawsuit - 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