Driven Brands Investors Urged to Seek Lead Role in Securities Suit Before May 8

Overview

• Two plaintiff firms, DJS Law Group and Rosen Law Firm, issued new notices inviting Driven Brands shareholders to seek lead‑plaintiff status by May 8.
• A securities class action has been filed that targets purchases made between May 3 or May 9, 2023 and February 24, 2026, depending on the complaint.
• The lawsuits allege false or misleading SEC filings and weak reporting controls that distorted results from 2023 through 2025.
• One complaint cites an unreconciled cash balance that overstated revenue and cash in 2023 and 2024 and understated operating costs over the same period.
• Claims are brought under Exchange Act Sections 10(b) and 20(a) and SEC Rule 10b‑5, and no class has been certified yet.