Investors Notified of February Deadline for Driven Brands Holdings Class Action Lawsuit

Important Notice for DRVN Shareholders

Investors of Driven Brands Holdings Inc. DRVN are being reminded by Glancy Prongay & Murray LLP ("GPM") about the fast-approaching February 20, 2024, deadline to file a lead plaintiff motion in the class-action lawsuit. This lawsuit pertains to those who have purchased or otherwise acquired Driven Brands shares and have been potentially affected by alleged company misstatements and omissions.

Background of the DRVN Class Action Suit

The lawsuit against Driven Brands Holdings Inc., a leading provider of automotive services headquartered in Charlotte, North Carolina, alleges that the company failed to disclose pertinent information to shareholders, which is said to have led to investment losses. Investors have a limited window of time to file their lead plaintiff motion, after which they may forfeit their right to do so.

Concerns Over DRVN Investments

The class action raises issues about the accuracy and completeness of information provided by Driven Brands Holdings to its investors. By failing to provide transparent information, the lawsuit claims that Driven Brands Holdings Inc. may have allowed investors to purchase or acquire shares under allegedly false or misleading pretenses.

The Role of GPM in the DRVN Lawsuit

GPM is a law firm with a history of engaging in securities litigation. They are actively reminding affected Driven Brands Holdings Inc. investors that they should move quickly if they wish to be appointed as the lead plaintiff in the case. GPM's announcement is essentially a call to action for investors who have suffered losses associated with DRVN stock, urging them to participate in the legal process before it's too late.

How DRVN Shareholders Can Respond

Shareholders of DRVN who have incurred losses from their investment are advised to contact GPM to learn more about their legal rights and options. As the deadline nears, it is essential for investors to be aware of the legal proceedings and consider their involvement carefully to potentially recover their losses.

Deadline, Lawsuit, Investors