Driven Brands (US:DRVN) Businesswire·2026-03-09 19:07Core Viewpoint - Scott+Scott Attorneys at Law LLP is investigating Driven Brands Holdings Inc. for potentially issuing misleading statements and failing to disclose material information to investors, which may violate federal securities laws [2]. Group 1: Investigation Details - The investigation focuses on whether Driven Brands misrepresented its financial reporting and results from 2023 to 2025, as well as the effectiveness of its internal controls over financial reporting [2]. - Driven Brands is an automotive aftermarket services company that owns, operates, and franchises various vehicle maintenance and repair brands [2]. Group 2: Stock Performance - Driven Brands announced on February 25, 2026, that it would delay the release of its fiscal year 2025 financial results and restate its financial statements for 2023, all quarterly and full-year financial statements for 2024, and the first three quarters of 2025 due to material accounting errors [2]. - Following this announcement, Driven Brands' stock price dropped over 30% on February 25, 2026 [2]. Group 3: Company Background - Scott+Scott Attorneys at Law LLP is recognized for its expertise in representing corporate clients and institutional investors harmed by violations of securities laws [2]. - The firm has a significant presence with 150 attorneys across multiple offices in the United States, Canada, and Europe, and has achieved notable monetary settlements for its clients [2].