Dec. 24 at 2:09 PM
$DRVN has agreed to settle with investors over claims that it misled them about the integration of its auto glass acquisitions and the stability of its car wash business.
Who’s eligible?
Anyone who purchased
$DRVN shares between October 27, 2021 and August 1, 2023.
Do I need to sell my shares to qualify?
No — you are eligible whether you sold your shares or still hold them.
How much is the payout?
The payout per share is
$0.85 — but if only ~25% of eligible investors file, the effective payout could increase to
$3.40.
Can I still file?
Claim availability depends on the settlement administrator’s approval process.
When do payouts happen?
Typically within 8–12 months after court approval of the settlement.
To file your claim: https://11th.com/cases/driven-brands-investor-suit