Driven Brands Holdings Inc. Securities Fraud Class Action Result of Erroneous Financial Statements and 39% Stock Decline - Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC

Core Points - Driven Brands Holdings Inc. is facing a securities fraud class action lawsuit due to erroneous financial statements that led to a 39% decline in stock price [1] - The lawsuit is based on allegations that the company and its executives failed to disclose material information during the class period from May 9, 2023, to February 24, 2026 [1] - The company disclosed on February 25, 2026, that it identified at least seven categories of material errors in its financial statements for fiscal years 2023 and 2024, necessitating a restatement [1] Legal Context - Investors who suffered substantial losses have until May 8, 2026, to file lead plaintiff applications in the class action lawsuit against Driven Brands [1] - The case is currently pending in the United States District Court for the Southern District of New York, under the title Clark v. Driven Brands Holdings Inc., et al. [1] - Kahn Swick & Foti, LLC is representing the investors and is recognized as a leading firm in securities litigation [1]