Investor Alert: Faruqi & Faruqi, LLP Investigates Potential Securities Law Violations Involving Open Lending Corporation (NASDAQ: LPRO)

Investor Alert: Faruqi & Faruqi LLP Investigates Claims on Behalf of Investors of Open Lending

New York, NY - Faruqi & Faruqi LLP, a leading national securities law firm, is investigating claims on behalf of investors who purchased Open Lending's (NASDAQ: OPEN) securities.

The investigation is focused on whether Open Lending's officers and/or directors have engaged in any "independent" self-dealing transactions that may have benefited them at the expense of the company and its shareholders.

On April 14, 2022, Open Lending announced that it had entered into a definitive agreement to acquire a majority stake in the business of Upstart Network, Inc. for approximately $1.1 billion. The acquisition is expected to close in the second quarter of 2022.

Investors who purchased Open Lending's securities and suffered losses are encouraged to contact Faruqi & Faruqi LLP to discuss their legal rights, including the possibility of a recovery. To be eligible to participate in any potential recovery, investors must have purchased Open Lending's securities prior to the announcement of the acquisition.

Faruqi & Faruqi LLP also encourages any investor who has suffered a loss to contact the firm directly to discuss their legal rights, including the possibility of a recovery. The law firm can be reached at www.faruqilaw.com or 1-877-247-4292 or investorinfo@faruqilaw.com.

Faruqi & Faruqi LLP is a national securities law firm with extensive experience in investigating and prosecuting corporate fraud. The firm has a strong track record of success, having recovered billions of dollars on behalf of its clients. The firm's attorneys have extensive experience in securities litigation and have handled a variety of complex cases involving claims of fraud, misrepresentation, and other securities law violations.