Driven Brands Holdings Inc. (NASDAQ: DRVN) Securities Fraud Class Action

Case Background:
This is a federal securities fraud class action lawsuit on behalf of those who purchased or otherwise acquired Driven Brands Holdings Inc. (“Driven Brands”) (NASDAQ: DRVN) securities between August 2, 2023 and February 24, 2026, inclusive (the “Class Period”).

Driven Brands is an automotive aftermarket services company that owns, operates, and franchises vehicle maintenance, repair, collision, glass, and car wash brands.

The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about Driven Brands’ business and operations. Specifically, Defendants misrepresented and/or failed to disclose that: (1) Driven Brands experienced repeated, pervasive accounting errors that impacted nearly every aspect of its financial reports, including but not limited to errors relating to the recording of leases, the reporting of opening and ending cash balances and operating cash flows causing overstatements of cash and revenue and understatement of expenses, income tax provisions, supply and revenue, fixed assets, cloud computing, balance sheet and income statement misclassifications, and improperly recognized revenue; (2)  Defendants were aware of, or recklessly disregarded, serious flaws in Driven Brands’ internal controls and financial reporting capabilities that were directly attributable to management’s refusal to adequately resource the understaffed accounting department;  and (3) as a result of the foregoing, Defendants statements about the company’s business, operations, and prospects were materially false and misleading at all relevant times.

Current Status of Case:
On August 10, 2026, Lead Plaintiffs filed an Amended Complaint. This action is ongoing.

If you wish to discuss this action or have any questions, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453; toll-free at (844) 887-9500; or via e-mail at [email protected]. If you would like additional information about the suit, please click on the link “Submit Your Information” above and fill out the form as promptly as possible.

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP:
Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including The National Law Journal’s Plaintiff’s Hot List and Trailblazers in Plaintiffs’ Law, BTI Consulting Group’s Honor Roll of Most Feared Law Firms, The Legal Intelligencer’s Class Action Firm of the Year, Lawdragon’s Leading Plaintiff Financial Lawyers, and Law360’s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent.