Sign Up
Stories
Class Action Lawsuit Filed Against Driven Brands Holdings, Inc.
Share
Class Action Lawsuit Filed Against Drive...
Class Action Lawsuits: Investor Alerts
Driven Brands Faces Class Action Lawsuit
Class Action Lawsuit Filed Against Drive...
Class Action Lawsuits Spark Investor Res...
Driven Brands Class Action Lawsuit Filed
Overview
API
Bragar Eagel & Squire, P.C. has filed a class action lawsuit against Driven Brands Holdings, Inc. in the United States District Court for the Western District of North Carolina. The lawsuit alleges that Driven made false and misleading statements regarding its ability to efficiently integrate acquired businesses, particularly in the auto glass and car wash segments. The company's former CFO left abruptly, and Driven reported disappointing financial results for Q2 2023, leading to a significant stock price decline.
Ask a question
How might the departure of the former CFO impact the company's financial performance?
What are the specific allegations of false and misleading statements?
What potential consequences could this lawsuit have for Driven Brands Holdings, Inc.?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Sep 2023
Oct 2023
Nov 2023
Coverage