Driven Brands Securities Litigation
Did you buy Driven Brands Holdings Inc. (DRVN)?
Law Firm: Bernstein Litowitz Berger & Grossmann LLP
Est. Recovery
$25,000,000
About this case
This site describes a proposed $25,000,000 cash resolution of a pending securities class action against Driven Brands Holdings Inc. and former executives Jonathan G. Fitzpatrick and Tiffany L. Mason, whom investors allege violated federal securities laws by making false or misleading statements about aspects of Driven’s business. Lead Plaintiffs—Genesee County Employees’ Retirement System and two Oakland County funds (Oakland County Employees’ Retirement System and Oakland County Voluntary Employees’ Beneficiary Association)—on behalf of themselves and the Settlement Class, have agreed to the settlement, which requires court approval to become final. The Settlement Class covers all persons and entities that purchased Driven common stock from October 27, 2021 through August 1, 2023; class members are included unless they timely exclude themselves.
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