{"id":944376,"date":"2026-03-13T10:41:09","date_gmt":"2026-03-13T14:41:09","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/barrack-rodos-bacine-notifies-shareholders-of-driven-brands-holdings-inc-drvn-of-a-securities-class-action-lawsuit-2\/"},"modified":"2026-03-13T10:41:09","modified_gmt":"2026-03-13T14:41:09","slug":"barrack-rodos-bacine-notifies-shareholders-of-driven-brands-holdings-inc-drvn-of-a-securities-class-action-lawsuit-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/barrack-rodos-bacine-notifies-shareholders-of-driven-brands-holdings-inc-drvn-of-a-securities-class-action-lawsuit-2\/","title":{"rendered":"Barrack, Rodos &amp; Bacine Notifies Shareholders of Driven Brands Holdings Inc. (DRVN) of a Securities Class Action Lawsuit"},"content":{"rendered":"<div class=\"mw_release\">\n<p>PHILADELPHIA, March  13, 2026  (GLOBE NEWSWIRE) &#8212; The law firm of Barrack, Rodos &amp; Bacine announces that a class action lawsuit has been filed on behalf of investors who purchased stock in Driven Brands Holdings Inc. (NASDAQ: DRVN), between May 9, 2023 and February 24, 2026, inclusive (the \u201cClass Period\u201d).\u00a0Driven Brands is a holding company for various automotive aftermarket services companies, including Take 5 Oil Change, Meineke Car Care Centers, Maaco, and Auto Glass Now.<\/p>\n<p>\n        <strong>What is this about?<\/strong><br \/>\n        <br \/>On February 25<sup>th<\/sup> of this year, Driven announced that its financial statements for fiscal years 2023 and 2024, as well as quarterly financial statements for 2025, could not be relied upon and would have to be restated. The Company attributed the need for a restatement to a broad range of errors which resulted in the company overstating cash and revenue while understating expenses in fiscal years 2023 and 2024. Driven Brands further acknowledged \u201cmaterial weaknesses in the Company\u2019s internal control over financial reporting[.]\u201d Following this revelation, the trading price of Driven common stock fell 40%, from $16.61 per share on February 24, 2026, to $9.99 per share on February 25, 2026.<\/p>\n<p>\n        <strong>What can I do?<\/strong><br \/>\n        <br \/>If you purchased Driven Brands\u2019 stock between May 9, 2023 and February 24, 2026, inclusive and sustained a loss on your investment, you are encouraged to contact us about your rights in this matter and the possibility of leading this class action lawsuit. You may contact the firm by calling Linda Border or Mark Stein at 877-386-3304, or via email at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=QehrynhngX-Ea9SuuJQGLncumu02IQrg1QDNtCDMKELn5eTtQwh7h_NSSYcgLyFQ2Je86IvoCT87Zh7ov_BIStVFFrFZezmcYUQwm_eXO96JbQWQ4xCKpiYMevOEbtYZ\" rel=\"nofollow\" target=\"_blank\">investoralert@barrack.com<\/a>, or visiting the firm\u2019s web site (<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Ru8luybOC7QOowxaQ0SIA3y_8-UkA_mNNO7XUL1kfeBmJoi-ZhnvvWlRqW_Wt-mfGOkd1HyiBDES3LQzeEYGew==\" rel=\"nofollow\" target=\"_blank\">barrack.com<\/a>). Investors have until <strong>May 8, 2026<\/strong>, to submit a motion to be appointed as lead plaintiff. Your ability to participate in any recovery does not require that you serve as lead plaintiff or attempt to do so.<\/p>\n<p>\n        <strong>Who we are:<\/strong><br \/>\n        <br \/>Barrack, Rodos &amp; Bacine has more than four decades of experience prosecuting securities law class actions, including cases involving accounting fraud and insider trading, and has achieved some of the largest recoveries in U.S. history of securities litigation. The firm&#8217;s largest recoveries on behalf of investors include $6.19 billion for WorldCom investors, $3.32 billion for Cendant investors, $1.05 billion for McKesson investors, and $970.5 million for AIG investors.<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTY3MTY2NSM3NDg0MzgyIzIwMjQ3NTc=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/NGVhMjJlMzItOWNlNi00YzI2LWI3MjUtYjI1ODRjNmU3NmZiLTEwMzYzMjktMjAyNi0wMy0xMy1lbg==\/tiny\/Barrack-Rodos-Bacine.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>PHILADELPHIA, March 13, 2026 (GLOBE NEWSWIRE) &#8212; The law firm of Barrack, Rodos &amp; Bacine announces that a class action lawsuit has been filed on behalf of investors who purchased stock in Driven Brands Holdings Inc. (NASDAQ: DRVN), between May 9, 2023 and February 24, 2026, inclusive (the \u201cClass Period\u201d).\u00a0Driven Brands is a holding company for various automotive aftermarket services companies, including Take 5 Oil Change, Meineke Car Care Centers, Maaco, and Auto Glass Now. What is this about? On February 25th of this year, Driven announced that its financial statements for fiscal years 2023 and 2024, as well as quarterly financial statements for 2025, could not be relied upon and would have to be restated. The Company attributed the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/barrack-rodos-bacine-notifies-shareholders-of-driven-brands-holdings-inc-drvn-of-a-securities-class-action-lawsuit-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Barrack, Rodos &amp; Bacine Notifies Shareholders of Driven Brands Holdings Inc. (DRVN) of a Securities Class Action Lawsuit&#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-944376","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Barrack, Rodos &amp; Bacine Notifies Shareholders of Driven Brands Holdings Inc. (DRVN) of a Securities Class Action Lawsuit - 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\/barrack-rodos-bacine-notifies-shareholders-of-driven-brands-holdings-inc-drvn-of-a-securities-class-action-lawsuit-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Barrack, Rodos &amp; Bacine Notifies Shareholders of Driven Brands Holdings Inc. (DRVN) of a Securities Class Action Lawsuit - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PHILADELPHIA, March 13, 2026 (GLOBE NEWSWIRE) &#8212; The law firm of Barrack, Rodos &amp; Bacine announces that a class action lawsuit has been filed on behalf of investors who purchased stock in Driven Brands Holdings Inc. (NASDAQ: DRVN), between May 9, 2023 and February 24, 2026, inclusive (the \u201cClass Period\u201d).\u00a0Driven Brands is a holding company for various automotive aftermarket services companies, including Take 5 Oil Change, Meineke Car Care Centers, Maaco, and Auto Glass Now. What is this about? On February 25th of this year, Driven announced that its financial statements for fiscal years 2023 and 2024, as well as quarterly financial statements for 2025, could not be relied upon and would have to be restated. The Company attributed the &hellip; Continue reading &quot;Barrack, Rodos &amp; Bacine Notifies Shareholders of Driven Brands Holdings Inc. 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