Jun. 1 at 3:10 PM
$DRVN - One earnings update erased nearly 40% of Driven Brands’ market value in a single day.
For years, the company highlighted its acquisition strategy and growth in auto glass and car wash operations. Then came the guidance cut, integration delays, weaker performance, and a stock collapse that caught many investors off guard.
Now, Driven Brands has agreed to a
$25M settlement for investors who purchased shares between October 27, 2021 and August 1, 2023.
If you traded
$DRVN during that period, the claim deadline is July 6, 2026.
More details and eligibility: https://11th.com/cases/driven-brands-investor-suit