Source: Benzinga

Integra LifeSciences: Notice to Long-Term Shareholders of Driven Brands Holdings, Inc. (NASDAQ: DRVN); Holley Inc. (NYSE: HLLY); Integra LifeSciences Holdings Corporation (NASDAQ: IART); and Virtu Financial Inc. (NASDAQ: VIRT): Grabar Law Office Is Investigating Claims On Your Behalf

PHILADELPHIA, March 25, 2025 (GLOBE NEWSWIRE) --Driven Brands Holdings, Inc. (NASDAQ:DRVN) Class Action Survives Motion to Dismiss:A securities fraud class action complaint against Driven Brands Holdings, Inc. (NASDAQ:DRVN) has survived defendants, attempts to dismiss the complaint. Grabar Law Office is now investigating claims on behalf of long-term Driven Brands shareholders. The investigation concerns whether certain officers of the company have breached their fiduciary duties they owed to the company.If you have held Driven Brands (NASDAQ:DRVN) shares continuously since prior to October 27, 2021, you can seek corporate reforms, the return of funds back to the Company, and a court approved incentive award at no cost you. Visit https://grabarlaw.com/the-latest/driven-brands-shareholder-investigation/ or contact Joshua H. Grabar at jgrabar@grabarlaw.com or call 267-507-6085 to learn more.WHY: An underlying securities fraud class action complaint alleges that Driven Brands, through certain of its officers and directors, made numerous materially false and misleading statements and omissions pertaining to: (i) Driven Brands' ability to efficiently and effectively integrate a high volume of acquired businesses, including statements related to the status of integrating its U.S. auto glass businesses; and (ii) the performance and competitive position of Driven Brands' car wash business segment.On February 20, 2025, a Federal Court determined that the allegations in the plaintiff's underlying securities fraud class action complaint were adequately pleaded to survive defendants attempts to dismiss the complaint.WHAT TO DO NOW: If you are a current Driven Brands shareholder who has held Driven Brands shares since prior to October 27, 2021, you can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to you whatsoever. If you would like to learn more about this matter, you are encouraged to visit https://grabarlaw.com/the-latest/driven-brands-shareholder-investigation/, contact Joshua H. Grabar at jgrabar@grabarlaw.com or call 267-507-6085. $DRVN #DrivenBrandsHolley Inc. (NYSE:HLLY) f/ka Empower Ltd. (NYSE:EMPW):Current Holley Inc. (NYSE:HLLY) shareholders who have held Holley shares since on or prior to July 21, 2021, or via holdings of Empower Ltd., can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to them whatsoever.If you would like to learn more about this matter, you are encouraged to visit https://grabarlaw.com/the-latest/holley-shareholder-investigation/, contact Josh Grabar at jgrabar@grabarlaw.com, or call 267-507-6085.Why?: A recently filed securities fraud class action complaint alleges that Holley Inc. (NYSE:HLLY) f/k/a Empower Ltd. (NYSE:EMPW), through certain of its officers and directors, made false and/or misleading statements and/or failed to disclose that: (i) as a result of Holley's extensive focus on its direct-to-consumer ("DTC") channel, Holley's critically important relationships with its resellers and distributors, whose business made up the vast majority of Holley's revenue, were suffering ...Full story available on Benzinga.com

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Annual Revenue
$1.0-5.0B
Employees
1.0-5.0K
Mojdeh Poul's photo - President & CEO of Integra LifeSciences

President & CEO

Mojdeh Poul

CEO Approval Rating

- -/100

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