Investigation of Driven Brands Holdings Inc. (DRVN) Announced by Holzer & Holzer, LLC
ATLANTA, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether Driven Brands Holdings Inc. (“Driven” or “the Company”) (NASDAQ: DRVN) complied with federal securities laws. On August 2, 2023, Driven reported its financial results for the quarter ended July 1, 2023, and reduced its guidance for fiscal year 2023, attributing the results to “the performance of our Car Wash segment, which has been impacted by softer consumer demand, and our U.S. glass business, which has been impacted by integration delays.” Following this news, the price of the Company’s stock dropped.
If you purchased Driven stock and suffered a loss on that investment, you are encouraged to contact Corey Holzer, Esq. cholzer@holzerlaw.com or Joshua Karr, Esq. at jkarr@holzerlaw.com, call our toll-free number at (888) 508-6832, or visit our website at www.holzerlaw.com/case/driven/ to discuss your legal rights.
Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021 and 2022, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.
CONTACT:
Corey Holzer, Esq.
(888) 508-6832 (toll-free)
cholzer@holzerlaw.com
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