Open Lending Corporation Common Stock
LPROOpen Lending Corporation (LPRO) is a technology and data analytics company that provides loan origination and risk management solutions for the auto finance industry. The company's platform helps lenders assess borrower risk, improve compliance, and expand their lending capabilities through streamlined processes and data-driven insights.
Company News
Open Lending Corporation appointed Abhijit Chaudhary to its Board of Directors, bringing over 20 years of product leadership experience from companies like Mastercard, Pagaya, and Green Dot.
Open Lending reported Q2 2025 GAAP revenue of $25.3 million, beating analyst estimates, but experienced declining loan certification volumes and reduced net income compared to the previous year.
Law firm Bragar Eagel & Squire announced class action lawsuits against Open Lending and Civitas Resources, alleging misleading statements about business operations and financial prospects.
A class action lawsuit has been filed against Open Lending Corporation alleging securities law violations, including misrepresentation of risk-based pricing models, misleading statements about profit share revenue, and concealing loan performance issues during the period of February 24, 2022 to March 31, 2025.
Rosen Law Firm reminds Open Lending Corporation investors who purchased securities between February 24, 2022, and March 31, 2025, about the June 30, 2025 deadline to join a securities class action lawsuit alleging misleading statements about company performance and loan valuations.
