Driven Brands Class Action Lawsuit – DRVN

According to the filed complaint, defendants misled investors as to the Company’s financial condition and the effectiveness of its internal controls over financial reporting through a series of inaccurate financial reports filed with the Securities and Exchange Commission from May 9, 2023, to November 5, 2025. Among many other errors, the Company’s balance sheets contained an unreconciled cash balance originating in 2023 which resulted in revenue and cash being overstated in 2023 and 2024, and operating expenses being understated over the same period.