{"success":true,"data":{"pressRelease":{"id":"27778","rtpr_id":"nBw2NXJf5a","ticker":"DRVN","exchange":"NASDAQ","all_tickers":["DRVN"],"title":"DRVN CLASS ACTION DEADLINE TONIGHT: Faruqi & Faruqi, LLP Reminds Driven Brands Holdings (DRVN) Investors of Securities Class Action Deadline on May 8, 2026","author":"Business Wire","published_at":"2026-05-08T13:09:00.090Z","article_body":"DRVN CLASS ACTION DEADLINE TONIGHT: Faruqi & Faruqi, LLP Reminds Driven\nBrands Holdings (DRVN) Investors of Securities Class Action Deadline on May 8,\n2026\n\nFaruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.faruqilaw.com%2Fattorney%2F22%2Fjames-m-wilson-jr&esheet=54530888&newsitemid=20260508929505&lan=en-US&anchor=James%20(Josh)%20Wilson&index=61&md5=6d6dfe52b164e05eb846531ce44ae516)\nEncourages Investors Who Suffered Losses In Driven Brands To Contact Him\nDirectly To Discuss Their Options\n\nIf you purchased or acquired securities in Driven Brands\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.faruqilaw.com%2FDRVN&esheet=54530888&newsitemid=20260508929505&lan=en-US&anchor=Driven%20Brands&index=62&md5=e72f747abc05f3b7e03bd79edbee3a53)\nbetween May 3, 2023 and February 24, 2026 and would like to discuss your\nlegal rights, call Faruqi & Faruqi partner Josh Wilson directly at\n877-247-4292 or 212-983-9330 (Ext. 1310).\n\n[You may also click here for additional information]\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.faruqilaw.com%2FDRVN&esheet=54530888&newsitemid=20260508929505&lan=en-US&anchor=%5BYou%20may%20also%20click%20here%20for%20additional%20information%5D&index=63&md5=95819c95b8ca62ff0c809013bac03d0c)\n\nFaruqi & Faruqi, LLP\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.faruqilaw.com%2F&esheet=54530888&newsitemid=20260508929505&lan=en-US&anchor=Faruqi%20%26%20Faruqi%2C%20LLP&index=194&md5=6192990350570afd511fc31bfed909d3)\n, a leading national securities law firm, is investigating potential claims\nagainst Driven Brands Holdings Inc. (“Driven Brands” or the “Company”)\n(NASDAQ: DRVN) and reminds investors of the May 8, 2026 deadline to seek the\nrole of lead plaintiff in a federal securities class action that has been\nfiled against the Company.\n\nThis press release features multimedia. View the full release here:\nhttps://www.businesswire.com/news/home/20260508929505/en/\n(https://www.businesswire.com/news/home/20260508929505/en/)\n\nFaruqi & Faruqi is a leading national securities law firm with offices in\nNew York, Pennsylvania, California and Georgia. The firm has recovered\nhundreds of millions of dollars for investors since its founding in 1995.\nSee www.faruqilaw.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.faruqilaw.com%2F&esheet=54530888&newsitemid=20260508929505&lan=en-US&anchor=www.faruqilaw.com&index=195&md5=bfae57568f414a6cb5ebe01f108ceab6)\n.\n\nAs detailed below, the complaint alleges that the Company and its executives\nviolated federal securities laws by making false and/or misleading statements\nand/or failing to disclose that the Company’s financial condition and the\neffectiveness of its internal controls over financial reporting was inaccurate\nthrough a series of inaccurate financial reports filed with the Securities and\nExchange Commission (“SEC”) from May 9, 2023, to November 5, 2025. Among\nmany other errors, the Company’s balance sheets contained an unreconciled\ncash balance originating in 2023 which resulted in revenue and cash being\noverstated in 2023 and 2024, and operating expenses being understated over the\nsame period.\n\nOn February 25, 2026, Driven Brands announced that it would delay the release\nof its fiscal year 2025 financial results, and will restate its financial\nstatement for 2023, all quarterly and full-year financial statements for 2024,\nand the financial statements for the first three quarters of 2025 due to\nmaterial accounting errors, such as lease accounting errors, unreconciled cash\naccount differences, expense misclassifications, and inappropriately\nrecognized revenue, among others. Driven Brands also revealed that it has\nidentified material weaknesses in its internal controls over its financial\nreporting.\n\nOn this news, the price of Driven Brands stock dropped over 30% on February\n25, 2026.\n\nThe court-appointed lead plaintiff is the investor with the largest financial\ninterest in the relief sought by the class who is adequate and typical of\nclass members who directs and oversees the litigation on behalf of the\nputative class. Any member of the putative class may move the Court to serve\nas lead plaintiff through counsel of their choice, or may choose to do nothing\nand remain an absent class member. Your ability to share in any recovery is\nnot affected by the decision to serve as a lead plaintiff or not.\n\nFaruqi & Faruqi, LLP also encourages anyone with information regarding\nDriven Brands’s conduct to contact the firm, including whistleblowers,\nformer employees, shareholders and others.\n\nTo learn more about the Driven Brands Holdings class action, go\nto www.faruqilaw.com/DRVN\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.faruqilaw.com%2FDRVN&esheet=54530888&newsitemid=20260508929505&lan=en-US&anchor=www.faruqilaw.com%2FDRVN&index=196&md5=abd46687b758103e91a32da417860e36)\nor call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or\n212-983-9330 (Ext. 1310).\n\nFollow us for updates on LinkedIn\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Ffaruqi-%26-faruqi-llp%2F&esheet=54530888&newsitemid=20260508929505&lan=en-US&anchor=LinkedIn&index=197&md5=897ed6c6dd349d3146bce4a46ad66f20)\n, on X\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fx.com%2Ffaruqilaw&esheet=54530888&newsitemid=20260508929505&lan=en-US&anchor=X&index=198&md5=277b8fcee802edd7211cdc580f5b8961)\n, or on Facebook\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.facebook.com%2FFaruqiLaw%2F&esheet=54530888&newsitemid=20260508929505&lan=en-US&anchor=Facebook&index=199&md5=6eb2b7b8843e2f66ef637954f77386c6)\n.\n\nAttorney Advertising. The law firm responsible for this advertisement is\nFaruqi & Faruqi, LLP (www.faruqilaw.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.faruqilaw.com&esheet=54530888&newsitemid=20260508929505&lan=en-US&anchor=www.faruqilaw.com&index=200&md5=987c0ff739af4b07f72f698a9e1e8b3a)\n). Prior results do not guarantee or predict a similar outcome with respect to\nany future matter. We welcome the opportunity to discuss your particular case.\nAll communications will be treated in a confidential manner.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260508929505/en/\n(https://www.businesswire.com/news/home/20260508929505/en/)\n\nFaruqi & Faruqi, LLP\nJosh Wilson\n877-247-4292 or 212-983-9330 (Ext. 1310)\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBw2NXJf5a","title":"DRVN CLASS ACTION DEADLINE TONIGHT: Faruqi & Faruqi, LLP Reminds Driven Brands Holdings (DRVN) Investors of Securities Class Action Deadline on May 8, 2026","author":"Business Wire","ticker":"DRVN","created":"2026-05-08T13:09:00.090Z","tickers":["DRVN"],"exchange":"NASDAQ","article_body":"DRVN CLASS ACTION DEADLINE TONIGHT: Faruqi & Faruqi, LLP Reminds Driven\nBrands Holdings (DRVN) Investors of Securities Class Action Deadline on May 8,\n2026\n\nFaruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.faruqilaw.com%2Fattorney%2F22%2Fjames-m-wilson-jr&esheet=54530888&newsitemid=20260508929505&lan=en-US&anchor=James%20(Josh)%20Wilson&index=61&md5=6d6dfe52b164e05eb846531ce44ae516)\nEncourages Investors Who Suffered Losses In Driven Brands To Contact Him\nDirectly To Discuss Their Options\n\nIf you purchased or acquired securities in Driven Brands\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.faruqilaw.com%2FDRVN&esheet=54530888&newsitemid=20260508929505&lan=en-US&anchor=Driven%20Brands&index=62&md5=e72f747abc05f3b7e03bd79edbee3a53)\nbetween May 3, 2023 and February 24, 2026 and would like to discuss your\nlegal rights, call Faruqi & Faruqi partner Josh Wilson directly at\n877-247-4292 or 212-983-9330 (Ext. 1310).\n\n[You may also click here for additional information]\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.faruqilaw.com%2FDRVN&esheet=54530888&newsitemid=20260508929505&lan=en-US&anchor=%5BYou%20may%20also%20click%20here%20for%20additional%20information%5D&index=63&md5=95819c95b8ca62ff0c809013bac03d0c)\n\nFaruqi & Faruqi, LLP\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.faruqilaw.com%2F&esheet=54530888&newsitemid=20260508929505&lan=en-US&anchor=Faruqi%20%26%20Faruqi%2C%20LLP&index=194&md5=6192990350570afd511fc31bfed909d3)\n, a leading national securities law firm, is investigating potential claims\nagainst Driven Brands Holdings Inc. (“Driven Brands” or the “Company”)\n(NASDAQ: DRVN) and reminds investors of the May 8, 2026 deadline to seek the\nrole of lead plaintiff in a federal securities class action that has been\nfiled against the Company.\n\nThis press release features multimedia. View the full release here:\nhttps://www.businesswire.com/news/home/20260508929505/en/\n(https://www.businesswire.com/news/home/20260508929505/en/)\n\nFaruqi & Faruqi is a leading national securities law firm with offices in\nNew York, Pennsylvania, California and Georgia. The firm has recovered\nhundreds of millions of dollars for investors since its founding in 1995.\nSee www.faruqilaw.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.faruqilaw.com%2F&esheet=54530888&newsitemid=20260508929505&lan=en-US&anchor=www.faruqilaw.com&index=195&md5=bfae57568f414a6cb5ebe01f108ceab6)\n.\n\nAs detailed below, the complaint alleges that the Company and its executives\nviolated federal securities laws by making false and/or misleading statements\nand/or failing to disclose that the Company’s financial condition and the\neffectiveness of its internal controls over financial reporting was inaccurate\nthrough a series of inaccurate financial reports filed with the Securities and\nExchange Commission (“SEC”) from May 9, 2023, to November 5, 2025. Among\nmany other errors, the Company’s balance sheets contained an unreconciled\ncash balance originating in 2023 which resulted in revenue and cash being\noverstated in 2023 and 2024, and operating expenses being understated over the\nsame period.\n\nOn February 25, 2026, Driven Brands announced that it would delay the release\nof its fiscal year 2025 financial results, and will restate its financial\nstatement for 2023, all quarterly and full-year financial statements for 2024,\nand the financial statements for the first three quarters of 2025 due to\nmaterial accounting errors, such as lease accounting errors, unreconciled cash\naccount differences, expense misclassifications, and inappropriately\nrecognized revenue, among others. Driven Brands also revealed that it has\nidentified material weaknesses in its internal controls over its financial\nreporting.\n\nOn this news, the price of Driven Brands stock dropped over 30% on February\n25, 2026.\n\nThe court-appointed lead plaintiff is the investor with the largest financial\ninterest in the relief sought by the class who is adequate and typical of\nclass members who directs and oversees the litigation on behalf of the\nputative class. Any member of the putative class may move the Court to serve\nas lead plaintiff through counsel of their choice, or may choose to do nothing\nand remain an absent class member. Your ability to share in any recovery is\nnot affected by the decision to serve as a lead plaintiff or not.\n\nFaruqi & Faruqi, LLP also encourages anyone with information regarding\nDriven Brands’s conduct to contact the firm, including whistleblowers,\nformer employees, shareholders and others.\n\nTo learn more about the Driven Brands Holdings class action, go\nto www.faruqilaw.com/DRVN\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.faruqilaw.com%2FDRVN&esheet=54530888&newsitemid=20260508929505&lan=en-US&anchor=www.faruqilaw.com%2FDRVN&index=196&md5=abd46687b758103e91a32da417860e36)\nor call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or\n212-983-9330 (Ext. 1310).\n\nFollow us for updates on LinkedIn\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Ffaruqi-%26-faruqi-llp%2F&esheet=54530888&newsitemid=20260508929505&lan=en-US&anchor=LinkedIn&index=197&md5=897ed6c6dd349d3146bce4a46ad66f20)\n, on X\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fx.com%2Ffaruqilaw&esheet=54530888&newsitemid=20260508929505&lan=en-US&anchor=X&index=198&md5=277b8fcee802edd7211cdc580f5b8961)\n, or on Facebook\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.facebook.com%2FFaruqiLaw%2F&esheet=54530888&newsitemid=20260508929505&lan=en-US&anchor=Facebook&index=199&md5=6eb2b7b8843e2f66ef637954f77386c6)\n.\n\nAttorney Advertising. The law firm responsible for this advertisement is\nFaruqi & Faruqi, LLP (www.faruqilaw.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.faruqilaw.com&esheet=54530888&newsitemid=20260508929505&lan=en-US&anchor=www.faruqilaw.com&index=200&md5=987c0ff739af4b07f72f698a9e1e8b3a)\n). Prior results do not guarantee or predict a similar outcome with respect to\nany future matter. We welcome the opportunity to discuss your particular case.\nAll communications will be treated in a confidential manner.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260508929505/en/\n(https://www.businesswire.com/news/home/20260508929505/en/)\n\nFaruqi & Faruqi, LLP\nJosh Wilson\n877-247-4292 or 212-983-9330 (Ext. 1310)\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-05-08T13:09:00.150710577Z","server_sent_at_ms":1778245740150},"received_at":"2026-05-08T13:09:00.215Z","source_url":"https://www.businesswire.com/news/home/20260508929505/en/"},"analysis":{"id":"21479","press_release_id":"27778","analysis_json":{"redFlags":[],"eventType":"legal_litigation","narrative":"Faruqi & Faruqi, LLP is investigating potential claims against Driven Brands Holdings Inc. and reminding investors of the May 8, 2026 deadline to seek the role of lead plaintiff in a federal securities class action.\n\nThe firm encourages investors who purchased or acquired securities between May 3, 2023, and February 24, 2026, to contact them directly to discuss their options.\n\nThe class action alleges that the company and its executives made false and misleading statements and failed to disclose material weaknesses in its internal controls over financial reporting.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Plaintiff-firm solicitation -- suppress."},"keyFigures":{},"quotedText":"","namedEntities":{"people":[{"name":"James (Josh) Wilson","role":"Securities Litigation Partner"}],"products":[],"companies":[{"name":"Driven Brands Holdings Inc.","ticker":"DRVN","relationship":"target"},{"name":"Faruqi & Faruqi, LLP","relationship":"plaintiff law firm"}],"dollarAmounts":[]},"materialImpact":{"score":1,"reasoning":"This is a plaintiff law-firm solicitation for a securities class action. No new material disclosure from the issuer itself; the primary purpose is to encourage investors to contact the law firm."},"tickerRelevance":{"others":[],"primary":"DRVN"},"globalImportance":15,"audienceRelevance":10,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Faruqi & Faruqi, LLP is investigating potential claims against Driven Brands Holdings Inc. and reminding investors of the May 8, 2026 deadline to seek the role of lead plaintiff in a federal securities class action.\n\nThe firm encourages investors who purchased or acquired securities between May 3, 2023, and February 24, 2026, to contact them directly to discuss their options.\n\nThe class action alleges that the company and its executives made false and misleading statements and failed to disclose material weaknesses in its internal controls over financial reporting.","key_figures":{},"named_entities":{"people":[{"name":"James (Josh) Wilson","role":"Securities Litigation Partner"}],"products":[],"companies":[{"name":"Driven Brands Holdings Inc.","ticker":"DRVN","relationship":"target"},{"name":"Faruqi & Faruqi, LLP","relationship":"plaintiff law firm"}],"dollarAmounts":[]},"model_name":"Qwen/Qwen2.5-72B-Instruct-AWQ","prompt_hash":"sha256:186ff69e425b2b0e","schema_hash":"sha256:429c64621f0b03c9","created_at":"2026-05-08T13:09:10.111Z","global_importance":15,"audience_relevance":10,"importance_components":{"tickerTier":"small-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"durationMs":9862,"modelName":"george-droid-qwen-72b"}}