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11.01.2024 05:45
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SHAREHOLDER ALERT: The Law Offices of Vincent Wong Remind Driven Investors of a Lead Plaintiff Deadline of February 20, 2024
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PR Newswire
NEW YORK, Jan. 11, 2024
NEW YORK, Jan. 11, 2024 /PRNewswire/ -- Attention Driven Brands Holdings Inc. ("Driven") (NASDAQ: DRVN) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between October 27, 2021 and August 1, 2023.
If you suffered a loss on your investment in Driven, contact us about potential recovery by using the link below. There is no cost or obligation to you.
ABOUT THE ACTION: According to the filed complaint, defendants repeatedly touted Driven's ability to execute and integrate acquisitions as a "core strength," and assured investors that the Company had made "significant progress" integrating the auto glass businesses it had acquired. Driven also represented that the large scale of its car wash business served as a "competitive moat" that would preserve Driven's competitive position. While Driven acknowledged some "softness" in customer demand for its car wash business segment, the Company downplayed that issue and pointed investors to the growth of its car wash subscriptions, which Driven labeled as the "Holy Grail" in the car wash business.
DEADLINE: February 20, 2024
Aggrieved Driven investors only have until February 20, 2024 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
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SOURCE The Law Offices of Vincent Wong
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