DRVN Investors Eligible to Lead Fraud Lawsuit Against Driven Brands

The Schall Law Firm reminds investors of a class action lawsuit against Driven Brands Holdings Inc. for securities fraud violations.

Mar. 23, 2026 at 7:23am

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The Schall Law Firm, a national shareholder rights litigation firm, is reminding investors of a class action lawsuit against Driven Brands Holdings Inc. (NASDAQ: DRVN) for violations of federal securities laws. Investors who purchased the company's securities between May 9, 2023 and February 24, 2026 are encouraged to contact the firm to potentially lead the lawsuit and recover losses.

Why it matters

This lawsuit alleges that Driven Brands made false and misleading statements to the market regarding its financial reporting, including errors in lease accounting, revenue recognition, and other expenses. If proven true, these accounting issues could have significantly impacted the company's financial statements and misled investors.

The details

According to the complaint, Driven Brands committed errors in recording leases, which led to overstatements of revenue and cash, as well as understatements of expenses, for fiscal years 2023 and 2024. The company also allegedly had other accounting issues, including with its income tax provision. These problems resulted in Driven Brands' public statements being false and misleading during the class period.

  • The class period is from May 9, 2023 to February 24, 2026.
  • Investors have until May 8, 2026 to contact the Schall Law Firm to potentially lead the lawsuit.

The players

Driven Brands Holdings Inc.

A publicly traded automotive services company that operates various vehicle repair, maintenance, and accessory brands.

The Schall Law Firm

A national shareholder rights litigation firm that specializes in securities class action lawsuits and shareholder rights litigation.

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What they’re saying

“We encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge.”

— Brian Schall, Attorney, Schall Law Firm

What’s next

The judge will decide by May 8, 2026 whether to certify the class in this lawsuit.

The takeaway

This case highlights the importance of accurate financial reporting and transparency for publicly traded companies. Investors who suffered losses due to Driven Brands' alleged accounting issues may have an opportunity to recover those losses through this class action lawsuit.