Fortrea Holdings Inc. Class Action Lawsuit - FTRE

The filed complaint alleges that Fortrea Holdings Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Fortrea overestimated the amount of revenue the long-term projects in its portfolio, the Pre-Spin Projects, were likely to contribute to the Company’s 2025 earnings; (ii) Fortrea overstated the cost savings it would likely achieve by exiting the transition services agreements; (iii) as a result, the Company’s previously announced EBITDA targets for 2025 were inflated; (iv) accordingly, the viability of the Company’s post-spin-off business model, as well as its business and/or financial prospects, were overstated; and (v) as a result, the Company’s public statements were materially false and misleading at all relevant times.

In order to be eligible to join the FTRE class action lawsuit, you must have incurred a loss on shares of Fortrea Holdings Inc. purchased during the class period listed above.

If you suffered a loss in Fortrea Holdings Inc. during the relevant time frame or pursuant to the relevant offering(s), you have until August 1, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.