ATLANTA, GA – – (Globe Newswire – May 2, 2025) – – A shareholder class action lawsuit has been filed against Open Lending Corporation (“Open Lending” or the “Company”) (NASDAQ: LPRO). The lawsuit alleges that Defendants made materially false and misleading statements and/or failed to disclose material adverse information regarding Open Lending’s business, operations, and prospects, including allegations that Defendants: (1) misrepresented the capabilities of Open Lending’s risk-based pricing models; (2) issued materially misleading statements regarding the Company’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; and (4) misrepresented the underperformance of Open Lending’s 2023 and 2024 vintage loans.

If you bought shares of Open Lending between February 24, 2022 and March 31, 2025, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey D. Holzer, Esq. at cholzer@holzerlaw.com, by toll-free telephone at (888) 508-6832 or you may visit the firm’s website at www.holzerlaw.com/case/open-lending/ to learn more.

The deadline to ask the court to be appointed lead plaintiff in the case is June 30, 2025.