Open Lending Corporation Faces Securities Investigation by Schall Law Firm

LOS ANGELES, April 3, 2025 /PRNewswire/ — The Schall Law Firm, a national firm specializing in shareholder rights litigation, is investigating claims for investors in Open Lending Corporation (“Open Lending” or “the Company”), LPRO, regarding potential violations of securities laws.

The investigation centers on whether Open Lending issued misleading statements or failed to share critical information with investors. On March 31, 2025, the Company announced its Q4 and full-year financial results for 2024. Notably, it reported an “$81.3 million” reduction in estimated profit share revenues tied to older business vintages, driven primarily by “heightened delinquencies and corresponding defaults” on loans from 2021 to 2024. Furthermore, Open Lending indicated that its results were adversely affected by an “$86.1 million” valuation allowance on deferred tax assets, which led to an increased income tax expense for the period. Following this announcement, Open Lending’s stock plummeted by 57.6% on April 1, 2025.

Shareholders who experienced losses are encouraged to take action by clicking here to participate.

In addition, those affected can reach out to Brian Schall of the Schall Law Firm at 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, by phone at 310-301-3335. They may also visit the firm’s website at www.schallfirm.com or email at [email protected] for a free consultation regarding their rights.

The Schall Law Firm represents investors globally and is well-versed in securities class action lawsuits and shareholder rights litigation.

Please note that this press release could be considered Attorney Advertising in certain jurisdictions, depending on local laws and ethical guidelines.

CONTACT:

The Schall Law Firm
Brian Schall, Esq.
310-301-3335
[email protected]

www.schallfirm.com

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SOURCE The Schall Law Firm