Class Action Lawsuits Filed Against Four Companies

Golden Heaven, Lovesac, Inspire Medical Systems, and Driven Brands face allegations of misleading investors and failing to disclose key information.

Class action lawsuits have been filed against Golden Heaven Group Holdings Ltd., The Lovesac Company, Inspire Medical Systems, Inc., and Driven Brands Holdings Inc. by The Law Offices of Frank R. Cruz and the Law Offices of Howard G. Smith.
Golden Heaven is accused of overstating visitor numbers and growth prospects, and failing to disclose the poor condition of its amusement parks.
Lovesac allegedly did not properly account for shipping and freight expenses, leading to overstated profits and understated costs in its financial statements.
Inspire Medical Systems is accused of misleading investors about challenges with the authorization submission process for its OSA device, leading to a shortfall of procedures.
Driven Brands is accused of misleading investors about the state of its auto glass business integration and the condition of its car wash business.