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Johnson Fistel, PLLP Investigates Open Lending on Behalf of Shareholders Who Incurred Losses

1. Johnson Fistel is investigating LPRO for potential securities law violations. 2. LPRO's shares dropped over 14% after delaying its earnings release. 3. LPRO reported a significant increase in net loss for Q4 2024. 4. Leadership changes at LPRO were disclosed, raising further concerns. 5. Investors may recover losses through legal actions if applicable.

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FAQ

Why Bearish?

The delay in earnings release and increased losses typically undermine investor confidence. Historical examples of delayed earnings often lead to significant stock price declines, as seen in similar cases like GameStop in 2021.

How important is it?

The investigation and earnings delay around LPRO directly impact its stock attractiveness and investor sentiment. Legal investigations can trigger volatility that reputable investors watch carefully.

Why Short Term?

Immediate impact likely as the investigation raises concerns, but clarity could emerge soon. Investors often react quickly to news like earnings delays.

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SAN DIEGO, April 01, 2025 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP is investigating whether Open Lending Corporation (NASDAQ: LPRO) or any of its executive officers or others violated securities laws by misrepresenting or failing to timely disclose information to investors. The investigation focuses on investors’ losses and whether they may be recovered under federal securities laws. What if I purchased Open Lending securities? If you purchased securities and suffered losses on your investment, join our investigation now: Click Here to Join the Investigation. For more information, contact Jim Baker at jimb@johnsonfistel.com or (619) 814-4471. There is no cost or obligation to you. What is Johnson Fistel Investigating? On March 17, 2025, Open Lending announced the postponement of its earnings release and conference call, both originally scheduled for the same day. The company also filed a Form 12b-25, requesting additional time to finalize its financial statements for its annual 10-K report. Following this announcement, Open Lending's shares dropped more than 14% in early morning trading on March 18, 2025. Subsequently, on March 31, 2025, Open Lending reported a substantial year-over-year increase in its net loss for Q4 2024, largely attributable to the recognition of a valuation allowance on its deferred tax assets, which elevated its income tax expense for the period. Additionally, the company disclosed significant leadership changes. What if I have relevant nonpublic information? Individuals with nonpublic information regarding the company should consider whether to assist our investigation or take advantage of the SEC Whistleblower program. Under the SEC program, whistleblowers who provide original information may, under certain circumstances, receive rewards totaling up to thirty percent of any successful recovery made by the SEC. For more information, contact Jim Baker at (619) 814-4471 or jimb@johnsonfistel.com. About Johnson Fistel, PLLP | Top Law Firm, Securities Fraud, Investors Rights:Johnson Fistel, PLLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, Idaho, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. We also extend our services to foreign investors who have purchased on US exchanges. Stay updated with news on stock drops and learn how Johnson Fistel, PLLP can help you recover your losses. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Achievements: In 2024, Johnson Fistel was honored to be ranked in the Top 10 Plaintiff Law Firms by the ISS Securities Class Action Services. This recognition underscores our effectiveness in advocating for investors, having recovered approximately $90,725,000 for aggrieved clients in cases where we served as lead or co-lead counsel. This notable accomplishment marks the eighth occasion our firm has been recognized as a top plaintiffs’ securities law firm in the United States, as determined by the total dollar value of final recoveries. Attorney advertising.Past results do not guarantee future outcomes.Services may be performed by attorneys in any of our offices.Johnson Fistel, PLLP has paid for the dissemination of this promotional communication, and Frank J. Johnson is the attorney responsible for its content. Contact: Johnson Fistel, PLLP501 W. Broadway, Suite 800, San Diego, CA 92101James Baker, Investor Relations or Frank J. Johnson, Esq., (619) 814-4471 jimb@johnsonfistel.com or fjohnson@johnsonfistel.com 

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