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lease accounting

3 articles
BenzingaBenzinga··The Law Offices Of Frank R. Cruz

Driven Brands Hit With Securities Fraud Lawsuit Over Accounting Errors

$DRVN faces class action lawsuit alleging undisclosed accounting errors spanning lease recordings, revenue recognition, and balance sheet misclassifications from May 2023 to February 2026.
DRVNsecurities fraudclass action lawsuit
BenzingaBenzinga··Business Wire

DRVN Hit with Securities Fraud Lawsuit Over Accounting Errors and Overstated Financials

Driven Brands Holdings faces class action securities fraud lawsuit over lease accounting errors that allegedly overstated revenue and cash from 2023-2024.
DRVNsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bragar Eagel & Squire, P.C.

Driven Brands Stock Plummets 30% After Major Accounting Restatement

Driven Brands faces class action lawsuit after disclosing material accounting errors in fiscal 2023-2025 financial statements. Stock fell 30% following the restatement announcement.
DRVNclass action lawsuitstock price decline