Lost Money With DRVN? Contact Glancy Prongay Wolke & Rotter LLP
LOS ANGELES, March 24, 2026 (GLOBE NEWSWIRE) -- Glancy Prongay Wolke & Rotter LLP (“GPWR”), encourages Driven Brands Holdings Inc. (“Driven Brands” or the “Company”) (NASDAQ: DRVN) investors to contact us about potentially pursuing claims to recover your loss under the federal securities laws.
What Happened?
A securities fraud class action has been filed against Driven Brands on behalf of investors who purchased common stock between May 9, 2023 and February 24, 2026, inclusive (the “Class Period”).
What’s The Next Step?
Glancy Prongay Wolke & Rotter LLP is a leading national shareholder rights law firm, ready to assist you in potentially pursuing claims to recover your loss.
If you wish to serve as lead plaintiff, you must move the Court no later than May 8, 2026. Please contact us to learn more about your rights and interests by clicking here, by email ( shareholders@glancylaw.com), or by telephone at 310-201-9150 (Toll-Free: 888-773-9224).
You may retain counsel of your choice. If you bought securities during the class period, you may take no action and remain an absent class member. No class has been certified yet.
Is There A Cost?
If you purchased Driven Brands securities, you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
What Is The Lawsuit About?
The lawsuit alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, and/or failed to disclose material adverse facts. Investors later learned the truth when:
On February 25, 2025, Driven Brands disclosed “material errors in [the Company’s] previously issued consolidated financial statements” dating back to 2023. As such, its “financial statements should not be relied upon and required restatement.”
The Company disclosed at least ten different categories of errors which included: “inappropriately recognized revenue,” “unreconciled differences for cash accounts,” overstatement of expenses, and issues with the “completeness and accuracy of recording leases.” The Company noted it “may identify further material errors.”
On this news, Driven Brands’ stock price fell $5.01, or 30.2%, to close at $11.60 per share on February 25, 2026, thereby injuring investors.
Why Glancy Prongay Wolke & Rotter LLP?
GPWR is a premier law firm with decades of experience representing investors and consumers in securities litigation and other complex class action litigation. Recognizing the firm’s recent successes, GPWR was named one of Law360’s Securities Groups of the Year and ranked second-highest in total investor recoveries by Institutional Shareholder Services Securities Class Action Services in 2025. GPWR’s lawyers have handled cases covering a wide spectrum of corporate misconduct and relating to nearly all industries and sectors. GPWR’s past successes have been widely covered by leading news and industry publications such as The Wall Street Journal, The Financial Times, Bloomberg Businessweek, Reuters, the Associated Press, Barron’s, Investor’s Business Daily, Forbes, and Money. Prior results do not guarantee a similar outcome.
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Contact Us:
Glancy Prongay Wolke & Rotter LLP,
1925 Century Park East, Suite 2100
Los Angeles, CA 90067
Charles Linehan
Email: shareholders@glancylaw.com
Telephone: 310-201-9150
Toll-Free: 888-773-9224
Visit our website at: www.glancylaw.com.