INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Driven Brands Holdings Inc. of Class Action Lawsuit and Upcoming Deadlines - DRVN

Core Viewpoint - A class action lawsuit has been filed against Driven Brands Holdings Inc. due to allegations of securities fraud and other unlawful business practices, following the company's disclosure of material errors in its financial statements [1][1]. Financial Disclosures - Driven Brands announced that it filed a Notice of Non-Reliance with the U.S. Securities and Exchange Commission, indicating material errors in its consolidated financial statements for fiscal years 2023 and 2024, which necessitated a restatement [1][1]. - The errors included issues related to lease recording, cash account discrepancies, misclassification of expenses, and inappropriate revenue recognition, particularly in the ATI business for fiscal year 2025 [1][1]. Stock Market Reaction - Following the announcement of the financial restatement, Driven's stock price dropped by $5.01 per share, representing a decline of 30.16%, closing at $11.60 per share on February 25, 2026 [1][1]. Legal Context - Investors who suffered losses are encouraged to contact Pomerantz LLP to potentially become Lead Plaintiffs in the class action lawsuit, with a deadline set for May 11, 2026 [1][1].