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Stock impact report

Kirby McInerney LLP Announces Investigation of Possible Claims Against Open Lending Corporation (LPRO) on Behalf of Investors

Open Lending Corporation - Class A (LPRO) 
Company Research Source: GlobeNewswire
NEW YORK, April 02, 2025 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP is investigating potential claims against Open Lending Corporation (“Open Lending” or the “Company”) (NASDAQ:LPRO). The investigation concerns whether Open Lending and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices. [LEARN MORE ABOUT THE INVESTIGATION] On March 17, 2025, Open Lending disclosed that it would be unable to timely file its Annual Report for 2024 as it “requires additional time to finalize its accounting and review processes specifically related to its profit share revenue and related contract assets.” On this news, the price of Open Lending shares declined by $0.40 per share, from $4.31 per share on March 14, 2025, to close at $3.91 on March 17, 2025. Then, on March 31, 2025, Open Lending released its fourth quarter and full year 2024 financial results, revealing that quarterly revenue was negative $56.9 mil Show less Read more
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