Investors Alert: Fortrea Holdings Faces Class Action Lawsuit Over Misleading Statements

Faruqi & Faruqi, LLP is investigating claims against Fortrea Holdings Inc. for allegedly making false and/or misleading statements and/or failing to disclose revenue and cost savings projections for 2025. The law firm reminds investors of the August 1, 2025 deadline to seek the role of lead plaintiff in a federal securities class action.

Investors in Fortrea Holdings Inc. (NASDAQ: FTRE) have been notified of a class action lawsuit alleging securities fraud. The lawsuit, filed on behalf of investors adversely affected by alleged false statements and omissions, seeks to recover losses. The deadline for investors to request the role of lead plaintiff is August 1, 2025.

According to the complaint, Fortrea Holdings Inc. overestimated the revenue contributions from long-term projects in its portfolio and overstated the cost savings from exiting transition services agreements. These inaccuracies led to inflated earnings before interest, taxes, depreciation, and amortization (EBITDA) targets for 2025, overstating the company's business prospects and financial viability. The lawsuit claims that Fortrea's public statements were materially false and misleading during the relevant period, from July 3, 2023, to February 28, 2025.

Investors who suffered losses during this timeframe are encouraged to contact the law firms involved in the lawsuit for more information. Faruqi & Faruqi, LLP, which is investigating claims against Fortrea Holdings Inc., reminds investors of the August 1, 2025 deadline to seek the role of lead plaintiff in the federal securities class action.

Participation in the class action is free of cost or obligation, and investors may be entitled to compensation without incurring out-of-pocket fees. The law firms involved in the lawsuit have a proven track record of representing investors in complex securities litigation and have secured hundreds of millions of dollars in settlements.

Investors are advised to act promptly and seek legal counsel to understand their rights and options. For more information, visit the links provided below.

References:
[1] https://www.prnewswire.com/news-releases/investors-who-lost-money-on-fortrea-holdings-incftre-should-contact-levi--korsinsky-about-pending-class-action---ftre-302519083.html
[2] https://www.morningstar.com/news/globe-newswire/9504369/ftre-deadline-tomorrow-rosen-leading-investor-counsel-encourages-fortrea-holdings-inc-investors-with-losses-in-excess-of-100k-to-secure-counsel-before-important-august-1-deadline-in-securities-class-action-ftre
[3] https://www.morningstar.com/news/pr-newswire/20250801ny42194/investors-who-lost-money-on-fortrea-holdings-incftre-should-contact-levi-korsinsky-about-pending-class-action-ftre