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Rosen Law Firm Seeks Lead Plaintiff in Driven Brands Securities Fraud Lawsuit
Investors with losses over $100K have opportunity to lead class action against auto parts retailer
Apr. 9, 2026 at 7:34pm
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A shattered piggy bank reflects the significant financial losses endured by Driven Brands investors during the alleged securities fraud.NYC TodayRosen Law Firm, a global investor rights law firm, is reminding purchasers of Driven Brands Holdings Inc. (NASDAQ: DRVN) common stock between May 3, 2023 and February 24, 2026 that they have the opportunity to lead a class action lawsuit against the auto parts retailer over alleged securities fraud.
Why it matters
Driven Brands, which operates several major automotive service brands like Maaco and CARSTAR, is facing allegations that it made false and misleading statements about its financial performance and growth prospects during the class period, potentially deceiving investors and causing significant losses.
The details
The lawsuit alleges that Driven Brands misled investors by providing inflated financial projections and failing to disclose headwinds that were impacting its business, such as supply chain disruptions and labor shortages. This allegedly allowed the company to artificially inflate its stock price before the truth was revealed, causing significant losses for investors who purchased shares during the class period.
- The class period runs from May 3, 2023 to February 24, 2026.
- The lawsuit was filed on April 9, 2026.
The players
Driven Brands Holdings Inc.
A major automotive service and parts retailer that operates brands like Maaco and CARSTAR.
Rosen Law Firm
A global investor rights law firm that is leading the class action lawsuit against Driven Brands.
What they’re saying
“We encourage investors with losses in excess of $100,000 to contact our firm to discuss their options.”
— Laurence Rosen, Managing Partner, Rosen Law Firm
What’s next
Investors have until June 9, 2026 to apply to be the lead plaintiff in the class action lawsuit against Driven Brands.
The takeaway
This case highlights the importance of transparency and accurate financial reporting, especially for publicly traded companies, in order to maintain investor trust and protect shareholder value.
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