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Stock impact report

Driven Brands (DRVN) Faces Expanded Class Period in Securities Class Action Amid Pending Financial Restatements – Hagens Berman

Driven Brands Holdings Inc. (DRVN) 
Company Research Source: GlobeNewswire
SAN FRANCISCO, April 16, 2026 (GLOBE NEWSWIRE) -- National shareholder rights law firm Hagens Berman is notifying investors that a securities class action lawsuit related to the initial suit has been filed against Driven Brands Holdings Inc. (NASDAQ: DRVN) and its top executives. The related case expands the initial Class Period and seeks to represent investors who purchased or otherwise acquired Driven Brands common stock between May 3, 2023 and February 24, 2026. The initial and related case follow Driven Brands’ February 25 and February 26, 2026 announcements that investors should no longer rely on previously filed financial statements which required restatement and that the company would not timely file its annual report for the year ended December 27, 2025, respectively. As a result of these bombshell disclosures, investors saw the price of Driven Brands shares crater $5.61 (-33%) during the three trading days ended February 27, 2026, wiping out over $900 million of the compa Show less Read more
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