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Open Lending Corporation Stockholders - LPRO Stockholders Still Have Time to Seek Lead Plaintiff Status - Contact Robbins LLP to Learn How

1. Class action filed for LPRO investors from February 2022 to March 2025. 2. Allegations include misleading statements about risk-based pricing and revenue. 3. 2021 and 2022 loans reportedly worth less than outstanding balances. 4. Decline in LPRO's stock attributed to alleged misrepresentations. 5. Shareholders may participate in the class action for potential recovery.

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FAQ

Why Bearish?

The allegations of misleading statements and loss in loan value may deter investors, reminiscent of recent similar cases in tech where stock prices dropped significantly following litigation announcements.

How important is it?

The ongoing class action reflects serious concerns about LPRO's business practices, likely affecting future investor confidence and stock performance.

Why Short Term?

Class actions often lead to immediate investor concern and stock price fluctuation until outcomes are clearer, as evidenced by past cases where litigation impacted sentiment rapidly.

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LPRO
Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Open Lending Corporation (NASDAQ:LPRO) securities between February 24, 2022 and March 31, 2025. Open Lending is a provider of loan services to automotive lenders.For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.The Allegations: Robbins LLP is Investigating Allegations that Open Lending Corporation (LPRO) Misled Investors Regarding the Company's Business ProspectsAccording to the complaint, during the class period, defendants: (1) misrepresented the capabilities of the Company's risk-based pricing models; (2) issued materially misleading statements regarding the Company's profit share revenue; (3) failed to disclose the Company's 2021 and 2022 vintage loans had become worth significantly less than their corresponding outstanding loan balances; and (4) misrepresented the underperformance of the Company's 2023 and 2024 vintage loans. The complaint further alleges the Company experienced a decline in its stock as a result of these misrepresentations.What Now: You may be eligible to participate in the class action against Open Lending Corporation. Shareholders who want to serve as lead plaintiff for the class should contact Robbins LLP. The lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here.All representation is on a contingency fee basis. Shareholders pay no fees or expenses.About Robbins LLP: A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002.To be notified if a class action against Open Lending Corporation settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today.Attorney Advertising. Past results do not guarantee a similar outcome.SOURCE: Robbins LLP

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