Hagens Berman Issues Update for Driven Brands Investors Amid Nasdaq Compliance Issues and Internal Review
Hagens Berman Updates on Driven Brands (DRVN)
Hagens Berman, the law firm specializing in shareholder rights, has recently taken important steps to inform investors of Driven Brands Holdings Inc. (NASDAQ: DRVN) about concerning developments regarding the company’s compliance with Nasdaq requirements. Following the company’s admission on April 21 that it would not be filing its required financial reports, a notice of non-compliance was issued by Nasdaq. This significant legal update arrives at a time when Driven Brands faces allegations of violating federal securities laws, putting further pressure on the company and its executives.
Overview of the Situation
On April 15, 2026, Driven Brands disclosed that it received a deficiency notice from Nasdaq due to the company’s failure to submit its Annual Report (Form 10-K) for the fiscal year 2025 and its Quarterly Report (Form 10-Q) for the first quarter of 2026 in a timely manner. Furthermore, Driven Brands acknowledged that its internal review—flagged earlier this year—pertaining to
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