Driven Brands Shareholder Class Action Reminder
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy DRVN?
Source: PRnewswire
- Class Action Notice: Rosen Law Firm reminds investors who purchased Driven Brands stock between May 9, 2023, and February 24, 2026, that they must apply to be lead plaintiff by May 8, 2026, to participate in the class action and seek compensation.
- Fee Arrangement: Investors joining the class action will incur no upfront costs, as the law firm will operate on a contingency fee basis, minimizing the financial burden on investors.
- Lawsuit Background: The lawsuit alleges that Driven Brands made false and misleading statements in financial reports from 2023 to 2025, resulting in overstated revenues and cash for 2023 and 2024, causing significant investor losses when the true financial condition was revealed.
- Law Firm's Strength: Rosen Law Firm specializes in securities class actions, having recovered over $438 million for investors in 2019 alone, and was ranked first in 2017 for the number of securities class action settlements, demonstrating its strong expertise and track record in this field.
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Analyst Views on DRVN
Wall Street analysts forecast DRVN stock price to rise
8 Analyst Rating
7 Buy
1 Hold
0 Sell
Strong Buy
Current: 12.380
Low
17.00
Averages
21.14
High
24.00
Current: 12.380
Low
17.00
Averages
21.14
High
24.00
About DRVN
Driven Brands Holdings Inc. is an automotive services company in North America, providing a range of consumer and commercial automotive services, including paint, collision, glass, vehicle repair, oil change and maintenance. The Company's segments include Take 5 and Franchise Brands. The Take 5 segment is primarily composed of the Company and franchise-operated Take 5 Oil Change business. The Franchise Brands segment is primarily composed of its portfolio of franchise brands, which include CARSTAR, Meineke Car Care Centers, Maaco and 1-800-Radiator & A/C, along with other smaller brands and services for both retail and commercial customers such as commercial fleet operators and insurance carriers. Its AutoGlassNow businesses provide glass replacement and calibration services to commercial, retail and insurance customers. Its subsidiaries include All Star Glass, LLC, AGN Glass, LLC, Carstar Canada GP Corp, Boing US Holdco, Inc, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
ADW Capital Alleges Mismanagement of Driven by Majority Owner Roark Capital - WSJ
Allegations Against Capital Management: A private equity firm, Roark Capital, is accused of mismanaging the business operations of a major brand it owns.
Impact on Stakeholders: The allegations raise concerns about the implications for employees, customers, and investors associated with the brand.
See More
ADW Capital Holds Approximately 2.5% Stake in Driven Brands and Urges Company to Consider Sale or Split - WSJ
Stake in Driven Brands: Capital has a roughly 2.5% stake in Driven Brands, a company involved in automotive services.
Exploration of Sale or Breakup: Driven Brands is considering options for a potential sale or breakup, as indicated by Capital's interest.
See More
Activist Urges Meineke Owner Driven Brands to Consider Sale - WSJ
- Activist Push: An activist is advocating for the owner of a brand to explore new avenues for their business.
- Brand Exploration: The focus is on encouraging the brand to consider innovative strategies and sales opportunities.
See More
Driven Brands Shareholder Class Action Reminder
- Class Action Notice: Rosen Law Firm reminds investors who purchased Driven Brands stock between May 9, 2023, and February 24, 2026, that they must apply to be lead plaintiff by May 8, 2026, to participate in the class action and seek compensation.
- Fee Arrangement: Investors joining the class action will incur no upfront costs, as the law firm will operate on a contingency fee basis, minimizing the financial burden on investors.
- Lawsuit Background: The lawsuit alleges that Driven Brands made false and misleading statements in financial reports from 2023 to 2025, resulting in overstated revenues and cash for 2023 and 2024, causing significant investor losses when the true financial condition was revealed.
- Law Firm's Strength: Rosen Law Firm specializes in securities class actions, having recovered over $438 million for investors in 2019 alone, and was ranked first in 2017 for the number of securities class action settlements, demonstrating its strong expertise and track record in this field.
See More
Wall Street Closes Higher; Three Stocks to Watch
- Market Recovery: Major Wall Street indices closed higher on Wednesday, with the Dow up 0.6%, the S&P 500 gaining 0.5%, and the Nasdaq rising 0.7%, reflecting investor optimism regarding a potential easing of tensions in the Middle East.
- Driven Brands Update: Driven Brands saw a 1.6% increase in after-hours trading as activist investor Adam Wyden's hedge fund ADW Capital, holding a 2.5% stake, urged the company to explore a sale or breakup, indicating significant market interest in its strategic review.
- Eldorado Gold Acquisition Proposal: Eldorado Gold is in the spotlight after Institutional Shareholder Services recommended shareholders approve the acquisition of Foran Mining, valuing the deal at approximately C$3.8 billion, which could strengthen the company's market position in the copper sector.
- FibroBiologics Stock Split: FibroBiologics announced a 1-for-20 reverse stock split approved by its board to comply with Nasdaq Capital Market minimum bid price requirements, reducing outstanding shares from about 70.3 million to approximately 3.5 million, aimed at boosting share price to meet listing standards.
See More
Activist Investor Pushes Driven Brands for Sale or Breakup
- Shareholder Pressure: Activist investor ADW Capital, holding a 2.5% stake in Driven Brands (DRVN), is urging the company to initiate a strategic review immediately, indicating dissatisfaction with management and potentially leading to a breakup or sale.
- Stock Price Reaction: Driven Brands rose 1.6% in after-hours trading, reflecting initial positive market sentiment towards the activist investor's proposal, with shares potentially exceeding $30 if the company takes action.
- Management Criticism: ADW Capital criticized Driven Brands' private equity owner Roark Capital for being distracted by its food brands, which may undermine the automotive service business's long-term growth and shareholder value.
- Financial Issues Impact: Driven Brands' stock plummeted 30% on February 25 after reporting
See More
ADW Capital Alleges Mismanagement of Driven by Majority Owner Roark Capital - WSJ
Allegations Against Capital Management: A private equity firm, Roark Capital, is accused of mismanaging the business operations of a major brand it owns.
Impact on Stakeholders: The allegations raise concerns about the implications for employees, customers, and investors associated with the brand.
See More
ADW Capital Holds Approximately 2.5% Stake in Driven Brands and Urges Company to Consider Sale or Split - WSJ
Stake in Driven Brands: Capital has a roughly 2.5% stake in Driven Brands, a company involved in automotive services.
Exploration of Sale or Breakup: Driven Brands is considering options for a potential sale or breakup, as indicated by Capital's interest.
See More
Activist Urges Meineke Owner Driven Brands to Consider Sale - WSJ
- Activist Push: An activist is advocating for the owner of a brand to explore new avenues for their business.
- Brand Exploration: The focus is on encouraging the brand to consider innovative strategies and sales opportunities.
See More
Driven Brands Shareholder Class Action Reminder
- Class Action Notice: Rosen Law Firm reminds investors who purchased Driven Brands stock between May 9, 2023, and February 24, 2026, that they must apply to be lead plaintiff by May 8, 2026, to participate in the class action and seek compensation.
- Fee Arrangement: Investors joining the class action will incur no upfront costs, as the law firm will operate on a contingency fee basis, minimizing the financial burden on investors.
- Lawsuit Background: The lawsuit alleges that Driven Brands made false and misleading statements in financial reports from 2023 to 2025, resulting in overstated revenues and cash for 2023 and 2024, causing significant investor losses when the true financial condition was revealed.
- Law Firm's Strength: Rosen Law Firm specializes in securities class actions, having recovered over $438 million for investors in 2019 alone, and was ranked first in 2017 for the number of securities class action settlements, demonstrating its strong expertise and track record in this field.
See More
Wall Street Closes Higher; Three Stocks to Watch
- Market Recovery: Major Wall Street indices closed higher on Wednesday, with the Dow up 0.6%, the S&P 500 gaining 0.5%, and the Nasdaq rising 0.7%, reflecting investor optimism regarding a potential easing of tensions in the Middle East.
- Driven Brands Update: Driven Brands saw a 1.6% increase in after-hours trading as activist investor Adam Wyden's hedge fund ADW Capital, holding a 2.5% stake, urged the company to explore a sale or breakup, indicating significant market interest in its strategic review.
- Eldorado Gold Acquisition Proposal: Eldorado Gold is in the spotlight after Institutional Shareholder Services recommended shareholders approve the acquisition of Foran Mining, valuing the deal at approximately C$3.8 billion, which could strengthen the company's market position in the copper sector.
- FibroBiologics Stock Split: FibroBiologics announced a 1-for-20 reverse stock split approved by its board to comply with Nasdaq Capital Market minimum bid price requirements, reducing outstanding shares from about 70.3 million to approximately 3.5 million, aimed at boosting share price to meet listing standards.
See More
Activist Investor Pushes Driven Brands for Sale or Breakup
- Shareholder Pressure: Activist investor ADW Capital, holding a 2.5% stake in Driven Brands (DRVN), is urging the company to initiate a strategic review immediately, indicating dissatisfaction with management and potentially leading to a breakup or sale.
- Stock Price Reaction: Driven Brands rose 1.6% in after-hours trading, reflecting initial positive market sentiment towards the activist investor's proposal, with shares potentially exceeding $30 if the company takes action.
- Management Criticism: ADW Capital criticized Driven Brands' private equity owner Roark Capital for being distracted by its food brands, which may undermine the automotive service business's long-term growth and shareholder value.
- Financial Issues Impact: Driven Brands' stock plummeted 30% on February 25 after reporting
See More
