Johnson Fistel, LLP is investigating potential claims on behalf of Driven Brands Holdings Inc. against certain of its officers and directors.

Shareholder rights law firm Johnson Fistel, LLP, investigates potential violations of federal and state laws by certain officers of Driven Brands Holdings Inc. (NASDAQ: DRVN).

If you are a current, long-term shareholder of the company, continuously holding your shares since October 27, 2021, you may have standing to hold the company harmless from the alleged harm caused by the Company’s officers and directors by making them personally responsible. You may also be able to assist in reforming the Company’s corporate governance to prevent future wrongdoing.

Recently the court denied the defendants’ motion to dismiss the shareholder class action lawsuit. The lawsuit alleges that, throughout the Class Period, Defendants made false and/or misleading statements, as well as failed to disclose that: (i) despite repeatedly touting the Company’s ability to execute and integrate acquisitions as a “core strength,” Driven had not made significant progress integrating the auto glass businesses it had acquired; (ii) the large scale of its car wash business was not enough to preserve Driven’s competitive position in the market; (iii) the severity of its issues with customer demand for its car wash business segment; (iv) the Company was several quarters behind on integrating its auto glass businesses; and (v) the Company’s car wash business was faltering and more exposed to a decline in demand from retail customers than Defendants represented to investors.

For more information about derivative actions please review the following link: Shareholder Derivative Actions