---
schema_version: "secwatch.filing_event.v1"
accession: "0001804745-24-000034"
form_type: "8-K/A"
ticker: "DRVN"
cik: "0001804745"
company_name: "Driven Brands Holdings Inc."
filed_at: "2024-11-20T23:59:59+00:00"
generated_at: "2026-05-29T22:05:01.789450+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# Driven Brands pays $650K to settle stockholder lawsuit mootness fee claims

## Summary
- Agreed to pay $650,000 in attorneys' fees and expenses to resolve Bruce Taylor v. Driven Equity LLC et al. action.
- Court dismissed action as moot on June 10, 2024; final closing order entered Nov 8, 2024.
- Payment covers plaintiff's counsel fees and any mootness fee from two other stockholders who made litigation demands.
- No changes to previously disclosed Amended and Restated Stockholders Agreement.

## SEC filing metadata
- accession: 0001804745-24-000034
- form_type: 8-K/A
- ticker: DRVN
- cik: 0001804745
- company_name: Driven Brands Holdings Inc.
- filed_at: 2024-11-20T23:59:59+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1804745/000180474524000034/0001804745-24-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1804745/000180474524000034/drvn-20240605.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001804745-24-000034
- JSON: https://secwatch.observer/filing/0001804745-24-000034.json
- Plain text: https://secwatch.observer/filing/0001804745-24-000034.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.