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The Portnoy Law Firm is advising Driven Brands Holdings, Inc. (Driven Brands or the Company) (NASDAQ: DRVN) investors about a class action lawsuit on behalf of investors who purchased securities between May 9, 2023 and February 24, 2026, inclusive (the Class Period). Investors have until May 8, 2026 to file a lead plaintiff motion.
Investors are encouraged to contact attorney Lesley F. Portnoy by phone at 310-692-8883 or by email at lesley@portnoylaw.com to discuss their legal rights, or to join the case via http://portnoylaw.com/driven-brands-holdings-inc. The firm says it can provide a complimentary case evaluation and discuss options for pursuing claims to recover losses.
The lawsuit alleges that, during the Class Period, defendants made false and/or misleading statements and/or failed to disclose multiple issues, including:
The lawsuit further alleges that on February 25, 2026, Driven Brands disclosed that its Audit Committee concluded there were material errors in previously issued consolidated financial statements for:
The Audit Committee allegedly concluded that the financial statements should not be relied upon and required restatement.
According to the complaint, following the news, the price of Driven Brands common stock fell nearly 40%.
The Portnoy Law Firm says it represents investors pursuing claims caused by corporate wrongdoing. The firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq. (Admitted CA, NY and TX). Email: lesley@portnoylaw.com. Phone: 310-692-8883. Website: www.portnoylaw.com.
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