Lifshitz Law PLLC Announces Investigations of Sharecare, Inc. (NASDAQ: SHCR), Driven Brands Holdings Inc. (NASDAQ: DRVN), Xponential Fitness, Inc. (NYSE: XPOF), and Rivian Automotive, Inc. (NASDAQ: RIVN)

NEW YORK, NY / ACCESSWIRE / June 25, 2024 / Lifshitz Law Firm, P.C.

Sharecare, Inc. (NASDAQ:SHCR)

Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company made false and/or misleading statements and/or failed to disclose material information that: (i) Sharecare lacked adequate internal controls; and (ii) as a result, the Company's statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all times.

If you are a SHCR investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com .

Driven Brands Holdings Inc. (NASDAQ:DRVN)

Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company made misrepresentations and omissions related to: (i) statements concerning Driven's 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) statements concerning the performance and competitive position of Driven's car wash business segment.

If you are a DRVN investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com .

Xponential Fitness, Inc. (NYSE:XPOF)

Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company made materially false and/or misleading statements and/or failed to disclose the full truth about Xponential's business prospects, by concealing that over 50% of its studios did not earn a positive financial return, nearly all of its brands were losing money monthly, it had permanently closed down at least thirty locations, many of its franchises were listed for sale at a fraction of their original purchase prices, and misstating key company performance metrics.

If you are a XPOF investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq . by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com .

Rivian Automotive, Inc. (NASDAQ:RIVN)

Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company made false and/or misleading statements and/or failed to disclose material information that: (i) Rivian had overstated demand for its products, as well as its ability to withstand negative, near-term macroeconomic impacts; (ii) accordingly, Rivian's business was experiencing reduced demand and increased customer cancellations as a result of, inter alia, high interest rates; (iii) as a result, Rivian's order bank had significantly deteriorated; (iv) all the foregoing was likely to, and did, negatively impact the Company's anticipated earnings and vehicle production targets for 2024; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.

If you are a RIVN investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com .

ATTORNEY ADVERTISING.© 2024 Lifshitz Law PLLC. The law firm responsible for this advertisement is Lifshitz Law PLLC, 1190 Broadway, Hewlett, New York 11557, Tel: (516) 493-9780. Prior results do not guarantee or predict a similar outcome with respect to any future matter.