{"success":true,"data":{"pressRelease":{"id":"19573","rtpr_id":"nACS56QGla","ticker":"DRVN","exchange":"NASDAQ","all_tickers":["DRVN"],"title":"$DRVN Lawsuit: Driven Brands Investors With Losses Are Reminded of The Imminent May 8 Deadline in Securities Fraud Class Action","author":"ACCESSWIRE","published_at":"2026-05-04T19:36:00.545Z","article_body":"NEW YORK CITY, NY / ACCESS Newswire (https://www.accessnewswire.com/) / May 4,\n2026 / Leading securities law firm Bleichmar Fonti & Auld LLP\n(https://pr.report/l8ok) announces that a class action lawsuit has been filed\nagainst Driven Brands Holdings Inc. (NASDAQ:DRVN) and certain of the Company's\nsenior executives for securities fraud after the Company disclosed widespread\naccounting errors and internal control failures, causing its stock to drop\nnearly 40%.\n\nIf you invested in Driven Brands, you are encouraged to obtain additional\ninformation by visiting:\nhttps://www.bfalaw.com/cases/driven-brands-class-action-lawsuit.\n\nKey Details of the Driven Brands ($DRVN) Class Action:\n*\nLead Plaintiff Deadline: May 8, 2026\n*\nAlleged Misconduct: Securities fraud relating to Driven Brands' financial\nrestatements due to material accounting errors from 2023 to 2025\n*\nStock Decline: February 25, 2026 - 39.8% Stock Drop\n*\nCourt: U.S. District Court for the Southern District of New York\n*\nAction: Contact BFA Law (https://pr.report/l8om) to discuss your rights\n\nInvestors have until May 8, 2026, to ask the Court to be appointed to lead the\ncase. The complaint asserts claims under Sections 10(b) and 20(a) of the\nSecurities Exchange Act of 1934 on behalf of investors in Driven Brands common\nstock. The case is pending in the U.S. District Court for the Southern\nDistrict of New York, and is captioned Clark v. Driven Brands Holdings Inc.,\net al., 1:26-cv-01902.\n\nWhy is Driven Brands Being Sued for Securities Fraud?\n\nDriven Brands is an automotive aftermarket services company that owns,\noperates, and franchises vehicle maintenance, repair, collision, glass, and\ncar wash brands. Throughout the relevant period, Driven Brands assured\ninvestors that its financial reporting was accurate and that its internal\ncontrols were effective.\n\nAs alleged, these statements were materially false and misleading because\nDriven Brands suffered from pervasive accounting errors, including lease\naccounting issues, unreconciled cash balances, improperly classified expenses,\nand improperly recognized revenue, spanning fiscal years 2023 through 2025.\n\nWhy Did Driven Brands' Stock Drop?\n\nOn February 25, 2026, Driven Brands disclosed that it would restate its\nfinancial statements for fiscal years 2023 and 2024, as well as quarterly and\nyear-to-date financials for 2025, after identifying numerous material\naccounting errors. The Company also revealed material weaknesses in its\ninternal controls over financial reporting and delayed the filing of its 2025\nForm 10-K.\n\nOn this news, Driven Brands' stock dropped from $16.61 per share on February\n24, 2026, to open at $9.99 per share on February 25, 2026, a decline of nearly\n40%.\n\nWhat Can You Do?\n\nIf you invested in Driven Brands, you may have legal options. All\nrepresentation is on a contingency fee basis, with no cost or obligation to\nyou.\n\nSubmit your information by visiting\nhttps://www.bfalaw.com/cases/driven-brands-class-action-lawsuit or contact:\n\nAdam McCall\nadam@bfalaw.com\n212.789.3619\n\nWhy Bleichmar Fonti & Auld LLP?\n\nBFA is a leading international law firm representing plaintiffs in securities\nclass actions and shareholder litigation. It has been named a top plaintiff\nlaw firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have\nbeen named \"Elite Trial Lawyers\" by the National Law Journal, \"Litigation\nStars\" by Benchmark Litigation, among the top \"500 Leading Plaintiff Financial\nLawyers\" by Lawdragon, \"Titans of the Plaintiffs' Bar\" by Law360 and\n\"SuperLawyers\" by Thomson Reuters. Among its recent notable successes, BFA\nrecovered over $900 million in value from Tesla, Inc.'s Board of Directors, as\nwell as $420 million from Teva Pharmaceutical Ind. Ltd.\n\nFor more information about BFA and its attorneys, please visit\nhttps://www.bfalaw.com.\n\nhttps://www.bfalaw.com/cases/driven-brands-class-action-lawsuit\n\nAttorney advertising. Past results do not guarantee future outcomes.\n\nSOURCE: Bleichmar Fonti & Auld LLP\nView the original press release\n(https://www.accessnewswire.com/newsroom/en/business-and-professional-services/drvn-lawsuit-driven-brands-investors-with-losses-are-reminded-of-1163527)\non ACCESS Newswire\n\n\nCopyright 2026 ACCESS Newswire. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nACS56QGla","title":"$DRVN Lawsuit: Driven Brands Investors With Losses Are Reminded of The Imminent May 8 Deadline in Securities Fraud Class Action","author":"ACCESSWIRE","ticker":"DRVN","created":"2026-05-04T19:36:00.545Z","tickers":["DRVN"],"exchange":"NASDAQ","article_body":"NEW YORK CITY, NY / ACCESS Newswire (https://www.accessnewswire.com/) / May 4,\n2026 / Leading securities law firm Bleichmar Fonti & Auld LLP\n(https://pr.report/l8ok) announces that a class action lawsuit has been filed\nagainst Driven Brands Holdings Inc. (NASDAQ:DRVN) and certain of the Company's\nsenior executives for securities fraud after the Company disclosed widespread\naccounting errors and internal control failures, causing its stock to drop\nnearly 40%.\n\nIf you invested in Driven Brands, you are encouraged to obtain additional\ninformation by visiting:\nhttps://www.bfalaw.com/cases/driven-brands-class-action-lawsuit.\n\nKey Details of the Driven Brands ($DRVN) Class Action:\n*\nLead Plaintiff Deadline: May 8, 2026\n*\nAlleged Misconduct: Securities fraud relating to Driven Brands' financial\nrestatements due to material accounting errors from 2023 to 2025\n*\nStock Decline: February 25, 2026 - 39.8% Stock Drop\n*\nCourt: U.S. District Court for the Southern District of New York\n*\nAction: Contact BFA Law (https://pr.report/l8om) to discuss your rights\n\nInvestors have until May 8, 2026, to ask the Court to be appointed to lead the\ncase. The complaint asserts claims under Sections 10(b) and 20(a) of the\nSecurities Exchange Act of 1934 on behalf of investors in Driven Brands common\nstock. The case is pending in the U.S. District Court for the Southern\nDistrict of New York, and is captioned Clark v. Driven Brands Holdings Inc.,\net al., 1:26-cv-01902.\n\nWhy is Driven Brands Being Sued for Securities Fraud?\n\nDriven Brands is an automotive aftermarket services company that owns,\noperates, and franchises vehicle maintenance, repair, collision, glass, and\ncar wash brands. Throughout the relevant period, Driven Brands assured\ninvestors that its financial reporting was accurate and that its internal\ncontrols were effective.\n\nAs alleged, these statements were materially false and misleading because\nDriven Brands suffered from pervasive accounting errors, including lease\naccounting issues, unreconciled cash balances, improperly classified expenses,\nand improperly recognized revenue, spanning fiscal years 2023 through 2025.\n\nWhy Did Driven Brands' Stock Drop?\n\nOn February 25, 2026, Driven Brands disclosed that it would restate its\nfinancial statements for fiscal years 2023 and 2024, as well as quarterly and\nyear-to-date financials for 2025, after identifying numerous material\naccounting errors. The Company also revealed material weaknesses in its\ninternal controls over financial reporting and delayed the filing of its 2025\nForm 10-K.\n\nOn this news, Driven Brands' stock dropped from $16.61 per share on February\n24, 2026, to open at $9.99 per share on February 25, 2026, a decline of nearly\n40%.\n\nWhat Can You Do?\n\nIf you invested in Driven Brands, you may have legal options. All\nrepresentation is on a contingency fee basis, with no cost or obligation to\nyou.\n\nSubmit your information by visiting\nhttps://www.bfalaw.com/cases/driven-brands-class-action-lawsuit or contact:\n\nAdam McCall\nadam@bfalaw.com\n212.789.3619\n\nWhy Bleichmar Fonti & Auld LLP?\n\nBFA is a leading international law firm representing plaintiffs in securities\nclass actions and shareholder litigation. It has been named a top plaintiff\nlaw firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have\nbeen named \"Elite Trial Lawyers\" by the National Law Journal, \"Litigation\nStars\" by Benchmark Litigation, among the top \"500 Leading Plaintiff Financial\nLawyers\" by Lawdragon, \"Titans of the Plaintiffs' Bar\" by Law360 and\n\"SuperLawyers\" by Thomson Reuters. Among its recent notable successes, BFA\nrecovered over $900 million in value from Tesla, Inc.'s Board of Directors, as\nwell as $420 million from Teva Pharmaceutical Ind. Ltd.\n\nFor more information about BFA and its attorneys, please visit\nhttps://www.bfalaw.com.\n\nhttps://www.bfalaw.com/cases/driven-brands-class-action-lawsuit\n\nAttorney advertising. Past results do not guarantee future outcomes.\n\nSOURCE: Bleichmar Fonti & Auld LLP\nView the original press release\n(https://www.accessnewswire.com/newsroom/en/business-and-professional-services/drvn-lawsuit-driven-brands-investors-with-losses-are-reminded-of-1163527)\non ACCESS Newswire\n\n\nCopyright 2026 ACCESS Newswire. All Rights Reserved."},"type":"article","timestamp":"2026-05-04T19:36:00.591864753Z","server_sent_at_ms":1777923360591},"received_at":"2026-05-04T19:36:00.653Z","source_url":"https://www.accessnewswire.com/newsroom/en/business-and-professional-services/drvn-lawsuit-driven-brands-investors-with-losses-are-reminded-of-1163527"},"analysis":{"id":"14306","press_release_id":"19573","analysis_json":{"industry":{"label":"Consumer Services","sector":"Consumer Discretionary"},"redFlags":[],"eventType":"legal_litigation","narrative":"Bleichmar Fonti & Auld LLP issued a shareholder-solicitation notice naming Driven Brands Holdings Inc.; no new disclosure from the company itself.\n\nThe release is a routine lead-plaintiff-deadline reminder soliciting investors with losses to contact the firm on a contingency basis.\n\nThis is law-firm marketing, not an issuer disclosure or a court action; treat as low-signal noise.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Plaintiff-firm solicitation -- suppress."},"keyFigures":{},"quotedText":"","namedEntities":{"people":[{"name":"Adam McCall","role":"Contact"}],"products":[],"companies":[{"name":"Bleichmar Fonti & Auld LLP","relationship":"plaintiff law firm"},{"name":"Driven Brands Holdings Inc.","ticker":"DRVN"},{"name":"Tesla, Inc.","relationship":"mentioned in law firm bio"},{"name":"Teva Pharmaceutical Ind. 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