{"id":835664,"date":"2025-04-09T12:18:37","date_gmt":"2025-04-09T16:18:37","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/driven-brands-holdings-inc-nasdaq-drvn-long-term-shareholder-alert-grabar-law-investigates-claims-on-your-behalf-as-securities-fraud-class-action-survives-motion-to-dismiss\/"},"modified":"2025-04-09T12:18:37","modified_gmt":"2025-04-09T16:18:37","slug":"driven-brands-holdings-inc-nasdaq-drvn-long-term-shareholder-alert-grabar-law-investigates-claims-on-your-behalf-as-securities-fraud-class-action-survives-motion-to-dismiss","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/driven-brands-holdings-inc-nasdaq-drvn-long-term-shareholder-alert-grabar-law-investigates-claims-on-your-behalf-as-securities-fraud-class-action-survives-motion-to-dismiss\/","title":{"rendered":"Driven Brands Holdings Inc. (NASDAQ: DRVN) Long-Term Shareholder Alert: Grabar Law Investigates Claims on Your Behalf as Securities Fraud Class Action Survives Motion to Dismiss"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">PHILADELPHIA, April  09, 2025  (GLOBE NEWSWIRE) &#8212; A Federal Court has determined that allegations of securities fraud against Driven Brands Holdings Inc. (NASDAQ: DRVN) and certain of its officers have been adequately pleaded and have survived a motion to dismiss.<\/p>\n<p align=\"justify\">\n        <strong>If you have held Driven Brands (NASDAQ: DRVN) shares continuously since prior to <\/strong><br \/>\n        <strong>October 27, 2021, you can<\/strong><br \/>\n        <strong> seek corporate reforms, the return of funds back to the Company, and a court approved incentive award at no cost you<\/strong>. <strong>Visit <\/strong><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=RcMnyN9TpbhU_V5yjQhkYrCEWcknR3x6cnMCBHZjVNw1IWF-FqONZuKXs15Afn6QGwVKYBzGLd3KFnaIhzGilj17lQUzWUBJKsqxER8twUoBhPMyLQsSB87dnjeFD9MuVrwR7e5cY564W-8LYUooTM_1I-H_HYnPLMJZL33kKgckVr2Rg_0ONX5UTqRgTzI27mSrOGl_MXe4akkDA8g34JYst9CWiyAOy73Bw_PcBtk=\" rel=\"nofollow\" target=\"_blank\"><strong>https:\/\/grabarlaw.com\/the-latest\/driven-brands-shareholder-investigation\/<\/strong><\/a><strong> or <\/strong><strong>contact Joshua H. Grabar at\u00a0<\/strong><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=z2e6qXjKit2x6TBRAu6FTvsBX1rk8W1nQBsqLx4WRUQM5YR6rIg2VK07Mi4jsS7dRFJwgXTElInlMx12ItY4qmEuYBEgMvqesW77IR1ZrLY=\" rel=\"nofollow\" target=\"_blank\">jgrabar@grabarlaw.com<\/a><strong>or call 267-507-6085 <\/strong><strong>to learn more.<\/strong><\/p>\n<p align=\"justify\">\n        <strong>WHY:<\/strong> An underlying securities fraud class action complaint alleges that Driven Brands, through certain of its officers, made numerous materially false and misleading statements and omissions pertaining to: (i) Driven Brands\u2019 ability to efficiently and effectively integrate a high volume of acquired businesses, including statements related to the status of integrating its U.S. auto glass businesses; and (ii) the performance and competitive position of Driven Brands\u2019 car wash business segment.<\/p>\n<p align=\"justify\">On February 20, 2025, a Federal Court determined that the allegations in the plaintiff\u2019s underlying securities fraud class action complaint were adequately pleaded to survive defendants attempts to dismiss the complaint.<\/p>\n<p align=\"justify\">\n        <strong>WHAT TO DO NOW:<\/strong><br \/>\n        <strong>Current Driven Brands shareholders who have held Driven Brands shares since prior to October 27, 2021, <\/strong><br \/>\n        <strong>can<\/strong><br \/>\n        <strong> seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to them whatsoever. If you<\/strong><br \/>\n        <strong> would like to learn more about this matter at no cost to you, you are encouraged to visit <\/strong><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=RcMnyN9TpbhU_V5yjQhkYrCEWcknR3x6cnMCBHZjVNw1IWF-FqONZuKXs15Afn6QGwVKYBzGLd3KFnaIhzGilj17lQUzWUBJKsqxER8twUr4E1eSf_qfYdAmHzV8EJBZ4aIBHDIHRTxQSvbn7xGjZC8lvrrkkNsHNQbj4MhdG-kJa85YCObkBrvpI3jqMcllFXHoFc6ioWqh10SZpB9ilGJkWI9XiPGWqXLlOWsi-oA=\" rel=\"nofollow\" target=\"_blank\"><br \/>\n          <strong>https:\/\/grabarlaw.com\/the-latest\/driven-brands-shareholder-investigation\/<\/strong><br \/>\n        <\/a><br \/>\n        <strong>, contact Joshua H. Grabar at\u00a0<\/strong><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=z2e6qXjKit2x6TBRAu6FTvsBX1rk8W1nQBsqLx4WRUTk2LdsohrXXpI1GK4QygmaCE48n1iw5mX5Pl4s5Kaye-3Cm2eOKeeXBXbp1lorZx0=\" rel=\"nofollow\" target=\"_blank\"><br \/>\n          <strong>jgrabar@grabarlaw.com<\/strong><br \/>\n        <\/a><br \/>\n        <strong> or call 267-507-6085. $DRVN #DrivenBrands <\/strong>\n      <\/p>\n<p align=\"justify\">\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=hOJMoHZipIsvEINciBTk0DKCnIUJewIV2eY_P387sv0LQKnCUwwxh9p-KisOgCf6oWN_SxdRLNwYe3X3YqXyNFFWh6BeAmMwKAS45ff8xWtYwUXD3wuqcT5cjBE8TqD54df5zuC59foSfEFUYZCUOg==\" rel=\"nofollow\" target=\"_blank\">Attorney Advertising Disclaimer<\/a>\n      <\/p>\n<p align=\"justify\">Contact:<br \/>Joshua H. Grabar, Esq.<br \/>Grabar Law Office<br \/>One Liberty Place<br \/>1650 Market Street, Suite 3600<br \/>Philadelphia, PA 19103<br \/>Tel: \u00a0267-507-6085<br \/>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=z2e6qXjKit2x6TBRAu6FTvsBX1rk8W1nQBsqLx4WRURpR77La-P195YKNyXa1_gIhPs9JtWyCTCl4MsdL5qgx49hYMlCbqx8e4JbJxwcvOg=\" rel=\"nofollow\" target=\"_blank\">jgrabar@grabarlaw.com<\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQxOTY3MyM2ODU4ODc5IzIyMDEyNzA=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ZDdmMWIyMzQtZmViNi00ZGM0LTliZjEtOWIyYTAyM2IyN2JhLTEyMTI4MjMtMjAyNS0wNC0wOS1lbg==\/tiny\/Grabar-Law-Office.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>PHILADELPHIA, April 09, 2025 (GLOBE NEWSWIRE) &#8212; A Federal Court has determined that allegations of securities fraud against Driven Brands Holdings Inc. (NASDAQ: DRVN) and certain of its officers have been adequately pleaded and have survived a motion to dismiss. If you have held Driven Brands (NASDAQ: DRVN) shares continuously since prior to October 27, 2021, you can seek corporate reforms, the return of funds back to the Company, and a court approved incentive award at no cost you. Visit https:\/\/grabarlaw.com\/the-latest\/driven-brands-shareholder-investigation\/ or contact Joshua H. Grabar at\u00a0jgrabar@grabarlaw.comor call 267-507-6085 to learn more. WHY: An underlying securities fraud class action complaint alleges that Driven Brands, through certain of its officers, made numerous materially false and misleading statements and omissions pertaining to: &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/driven-brands-holdings-inc-nasdaq-drvn-long-term-shareholder-alert-grabar-law-investigates-claims-on-your-behalf-as-securities-fraud-class-action-survives-motion-to-dismiss\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Driven Brands Holdings Inc. (NASDAQ: DRVN) Long-Term Shareholder Alert: Grabar Law Investigates Claims on Your Behalf as Securities Fraud Class Action Survives Motion to Dismiss&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-835664","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Driven Brands Holdings Inc. (NASDAQ: DRVN) Long-Term Shareholder Alert: Grabar Law Investigates Claims on Your Behalf as Securities Fraud Class Action Survives Motion to Dismiss - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/driven-brands-holdings-inc-nasdaq-drvn-long-term-shareholder-alert-grabar-law-investigates-claims-on-your-behalf-as-securities-fraud-class-action-survives-motion-to-dismiss\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Driven Brands Holdings Inc. (NASDAQ: DRVN) Long-Term Shareholder Alert: Grabar Law Investigates Claims on Your Behalf as Securities Fraud Class Action Survives Motion to Dismiss - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PHILADELPHIA, April 09, 2025 (GLOBE NEWSWIRE) &#8212; A Federal Court has determined that allegations of securities fraud against Driven Brands Holdings Inc. (NASDAQ: DRVN) and certain of its officers have been adequately pleaded and have survived a motion to dismiss. If you have held Driven Brands (NASDAQ: DRVN) shares continuously since prior to October 27, 2021, you can seek corporate reforms, the return of funds back to the Company, and a court approved incentive award at no cost you. Visit https:\/\/grabarlaw.com\/the-latest\/driven-brands-shareholder-investigation\/ or contact Joshua H. Grabar at\u00a0jgrabar@grabarlaw.comor call 267-507-6085 to learn more. WHY: An underlying securities fraud class action complaint alleges that Driven Brands, through certain of its officers, made numerous materially false and misleading statements and omissions pertaining to: &hellip; Continue reading &quot;Driven Brands Holdings Inc. (NASDAQ: DRVN) Long-Term Shareholder Alert: Grabar Law Investigates Claims on Your Behalf as Securities Fraud Class Action Survives Motion to Dismiss&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/driven-brands-holdings-inc-nasdaq-drvn-long-term-shareholder-alert-grabar-law-investigates-claims-on-your-behalf-as-securities-fraud-class-action-survives-motion-to-dismiss\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-09T16:18:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQxOTY3MyM2ODU4ODc5IzIyMDEyNzA=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/driven-brands-holdings-inc-nasdaq-drvn-long-term-shareholder-alert-grabar-law-investigates-claims-on-your-behalf-as-securities-fraud-class-action-survives-motion-to-dismiss\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/driven-brands-holdings-inc-nasdaq-drvn-long-term-shareholder-alert-grabar-law-investigates-claims-on-your-behalf-as-securities-fraud-class-action-survives-motion-to-dismiss\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Driven Brands Holdings Inc. 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(NASDAQ: DRVN) and certain of its officers have been adequately pleaded and have survived a motion to dismiss. If you have held Driven Brands (NASDAQ: DRVN) shares continuously since prior to October 27, 2021, you can seek corporate reforms, the return of funds back to the Company, and a court approved incentive award at no cost you. Visit https:\/\/grabarlaw.com\/the-latest\/driven-brands-shareholder-investigation\/ or contact Joshua H. Grabar at\u00a0jgrabar@grabarlaw.comor call 267-507-6085 to learn more. WHY: An underlying securities fraud class action complaint alleges that Driven Brands, through certain of its officers, made numerous materially false and misleading statements and omissions pertaining to: &hellip; Continue reading \"Driven Brands Holdings Inc. (NASDAQ: DRVN) Long-Term Shareholder Alert: Grabar Law Investigates Claims on Your Behalf as Securities Fraud Class Action Survives Motion to Dismiss\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/driven-brands-holdings-inc-nasdaq-drvn-long-term-shareholder-alert-grabar-law-investigates-claims-on-your-behalf-as-securities-fraud-class-action-survives-motion-to-dismiss\/","og_site_name":"Market Newsdesk","article_published_time":"2025-04-09T16:18:37+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQxOTY3MyM2ODU4ODc5IzIyMDEyNzA=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/driven-brands-holdings-inc-nasdaq-drvn-long-term-shareholder-alert-grabar-law-investigates-claims-on-your-behalf-as-securities-fraud-class-action-survives-motion-to-dismiss\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/driven-brands-holdings-inc-nasdaq-drvn-long-term-shareholder-alert-grabar-law-investigates-claims-on-your-behalf-as-securities-fraud-class-action-survives-motion-to-dismiss\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Driven Brands Holdings Inc. 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