NEW YORK–(BUSINESS WIRE)–$DRVN #DrivenBrands–Scott+Scott Attorneys at Law LLP (“Scott+Scott”), a shareholder and consumer rights litigation firm, is investigating whether Driven Brands Holdings Inc. (“Driven Brands”) (NASDAQ: DRVN) or certain of its officers and directors issued misleading and false statements and/or failed to disclose information material to investors in violation of federal securities laws.
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Driven Brands is an automotive aftermarket services company that owns, operates, and franchises vehicle maintenance, repair, collision, glass, and car wash brands.
WHY IS DRIVEN BRANDS BEING INVESTIGATED BY SCOTT+SCOTT?
Scott+Scott is investigating whether Driven Brands misrepresented its financial reporting and financial results from 2023 to 2025, as well as the effectiveness of its internal controls over financial reporting.
Click here for more information: https://scott-scott.com/sec-investigation/driven-brands-holdings-inc/
WHY DID DRIVEN BRANDS’ STOCK DROP?
On February 25, 2026, Driven Brands announced that it would delay the release of its fiscal year 2025 financial results, and will restate its financial statement for 2023, all quarterly and full‑year financial statements for 2024, and the financial statements for the first three quarters of 2025 due to material accounting errors, such as lease accounting errors, unreconciled cash account differences, expense misclassifications, and inappropriately recognized revenue, among others. Driven Brands also revealed that it has identified material weaknesses in its internal controls over its financial reporting.
On this news, the price of Driven Brands stock dropped over 30% on February 25, 2026.
WHAT CAN YOU DO?
If you have purchased Driven Brands common stock, and have suffered a loss, realized or unrealized, submit your information by visiting: https://scott-scott.com/sec-investigation/driven-brands-holdings-inc/
If you wish to discuss this investigation, please contact attorney Mandeep S. Minhas at (888) 398-9312 or at [email protected].
WHY SCOTT+SCOTT ATTORNEYS AT LAW LLP?
Scott+Scott is an international law firm known for its expertise in representing corporate clients, institutional investors, businesses, and individuals harmed by anticompetitive conduct or other forms of wrongdoing, including securities law and shareholder violations.
With 150 attorneys plus supporting staff in eight offices in the United States as well as one office in Canada and three in Europe, our advocacy has resulted in significant monetary settlements on behalf of our clients, along with other forms of relief.
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Contacts
Mandeep S. Minhas
Scott+Scott Attorneys at Law LLP
230 Park Avenue, 24th Floor, New York, NY 10169
(888) 398-9312
[email protected]
