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Class action lawsuits

Fortrea Holdings Class Action Lawsuit: Important August 1 Deadline for Lead Plaintiff

Strategic Insights

— 1 min read

Investors who purchased securities of Fortrea Holdings, Inc. (NASDAQ: FTRE) between July 3, 2023 and February 28, 2025, may be entitled to compensation. A class action lawsuit has been filed, and the lead plaintiff deadline is August 1, 2025. The lawsuit claims that Fortrea made false and misleading statements about its revenue, cost savings, and business prospects, causing investors to suffer damages. Investors can join the class action by visiting or calling Phillip Kim, Esq. toll-free at 866-767-3653 or emailing for information.

Key Takeaways:

  • The Fortrea class action lawsuit was filed on behalf of investors who purchased securities between July 3, 2023 and February 28, 2025.
  • The lead plaintiff deadline is August 1, 2025, and investors can join the class action by visiting or calling Phillip Kim, Esq.
  • The lawsuit claims that Fortrea made false and misleading statements about its revenue, cost savings, and business prospects, causing investors to suffer damages.
  • Fortrea overestimated the revenue of its Pre-Spin Projects, overstated the cost savings achieved by exiting transition service agreements, and inflated its EBITDA targets for 2025.
  • The lawsuit claims that investors suffered damages when the true details of Fortrea's business model and financial prospects entered the market.
  • Investors can select qualified counsel with a track record of success in leadership roles, such as the Rosen Law Firm, which represents investors globally and has achieved significant securities class action settlements.

Statistics:

  • The class action lawsuit was filed on behalf of investors who purchased securities between July 3, 2023 and February 28, 2025, a period of approximately 14 months.
  • Fortrea Holdings, Inc. has a public market capitalization of NASDAQ: FTRE, which has fluctuated during the class period.
  • The Rosen Law Firm has recovered hundreds of millions of dollars for investors, including a $438 million settlement in 2019.
  • Laurence Rosen, the founding partner of the Rosen Law Firm, was named a Titan of Plaintiffs' Bar by Law360 in 2020.

Sources:

  • (GLOBE NEWSWIRE) - "Rosen Law Firm Reminds Fortrea Holdings, Inc. Securities Purchasers of Important August 1st Deadline in Securities Class Action"
  • Attorney advertising - "The Rosen Law Firm, P.A."
  • Law360 - "Laurence Rosen Named a Titan of Plaintiffs' Bar"
  • Super Lawyers - "Laurence Rosen Selected as a Top Attorney in Securities Law"

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