Kaskela Law LLC Announces Shareholder Investigation of Driven Brands Holdings, Inc. (NASDAQ: DRVN) and Encourages Long-Term DRVN Shareholders to Contact the Firm
Driven Brands Holdings Inc. (DRVN)
Company Research
Source: Business Wire
PHILADELPHIA--(BUSINESS WIRE)--Kaskela Law LLC announces that it is investigating Driven Brands Holdings Inc. (NASDAQ: DRVN) (“Driven”) on behalf of the company’s long-term investors.https://kaskelalaw.com/case/driven-brands-holdings/Recently a securities fraud complaint was filed against Driven on behalf of investors who purchased shares of the company’s stock between October 27, 2021 and August 1, 2023. According to the complaint, during that time period Driven and certain of the company’s senior executive officers made a series of materially false and misleading statements, and omitted to disclose material adverse information, concerning the Company’s two most important growth initiatives: (i) the creation of a nationwide auto-glass business by rapidly acquiring and integrating smaller companies into a single “platform,” and (ii) operational execution and customer retention in the Company’s critical car wash business. Specifically, the defendants are alleged to have “repeatedly
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News
- Driven Brands to Participate in the Morgan Stanley Global Consumer & Retail ConferenceBusiness Wire
- Driven Brands Holdings Inc. (NASDAQ: DRVN) had its price target raised by analysts at Stifel Nicolaus from $20.00 to $22.00. They now have a "buy" rating on the stock.MarketBeat
- We Think Driven Brands Holdings' (NASDAQ:DRVN) Profit Is Only A Baseline For What They Can Achieve [Yahoo! Finance]Yahoo! Finance
- Priciest home sale around Rock Hill wasn't for the usual suspects but in a tiny town [Yahoo! Finance]Yahoo! Finance
- Driven Brands Holdings Inc. (NASDAQ: DRVN) had its price target raised by analysts at Royal Bank of Canada from $17.00 to $20.00. They now have an "outperform" rating on the stock.MarketBeat
DRVN
Earnings
- 10/31/24 - Beat
DRVN
Sec Filings
- 11/20/24 - Form 8-K/A
- 11/12/24 - Form SCHEDULE
- 11/7/24 - Form 10-Q
- DRVN's page on the SEC website