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0 -0.00406137184115523 -0.00496389891696748 -0.00496389891696748 -0.00631768953068595 -0.00185920577617328 0.0198555956678701 0.0180505415162456
Stock impact report

Securities Fraud Investigation Into Driven Brands Holdings Inc. (DRVN) Announced – Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP, a Leading Securities Frau...

Driven Brands Holdings Inc. (DRVN) 
Company Research Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Driven Brands Holdings Inc. (“Driven Brands” or the “Company”) (NASDAQ: DRVN) investors concerning the Company’s possible violations of the federal securities laws.IF YOU ARE AN INVESTOR WHO LOST MONEY ON DRIVEN BRANDS HOLDINGS INC. (DRVN), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.What Happened?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 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 no Show less Read more
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