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DRVN Legal Alert: Driven Brands Hit with Securities Fraud Class Action Over Financial Restatements and Corresponding 39% Stock Drop
Bleichmar Fonti & Auld LLP has filed a securities fraud class action lawsuit against Driven Brands Holdings Inc. (NASDAQ: DRVN) and its executives. The lawsuit alleges that Driven Brands issued materially false financial statements and failed to maintain effective internal controls, leading to a nearly 40% stock drop on February 25, 2026. Investors have until May 8, 2026, to seek lead plaintiff status in the case, which is pending in the U.S. District Court for the Southern District of New York.