Fortrea Holdings Class Action Lawsuit: Important Lead Plaintiff Deadline Approaching

Purchasers of Fortrea Holdings' securities between July 3, 2023, and February 28, 2025, may be entitled to compensation without payment of any out-of-pocket fees or costs, according to a class action lawsuit. The lawsuit alleges that Fortrea made false and misleading statements about its revenue, cost savings, and business prospects during this period. Investors who purchased Fortrea securities during this time may be able to recover damages.

Key Takeaways:

  • The lawsuit alleges that Fortrea made false and misleading statements about its revenue, cost savings, and business prospects during the Class Period (July 3, 2023, to February 28, 2025).
  • The lawsuit claims that investors suffered damages when the true details of Fortrea's financial situation entered the market.
  • A class action lawsuit has already been filed, and investors who purchased Fortrea securities during the Class Period may be able to recover damages without payment of any out-of-pocket fees or costs.
  • Investors have until August 1, 2025, to join the class action and move the Court to serve as lead plaintiff.
  • The Rosen Law Firm, a global investor rights law firm, is working on behalf of investors in this case.
  • The lawsuit alleges that Fortrea overstated its 2025 earnings by overestimating the revenue from Pre-Spin Projects.
  • Fortrea also allegedly overstated the cost savings it would achieve by exiting transition service agreements (TSAs).
  • The lawsuit claims that these misstatements led to Fortrea's 2025 EBITDA targets being inflated.
  • The Rosen Law Firm has a track record of success in securities class actions and shareholder derivative litigation.
  • The firm has recovered hundreds of millions of dollars for investors in the past.
  • In 2020, founding partner Laurence Rosen was named a Titan of Plaintiff's Bar by law360.

Statistics:

  • The lawsuit is ongoing, and the lead plaintiff deadline is August 1, 2025.
  • The class period spans from July 3, 2023, to February 28, 2025.
  • Investors who purchased Fortrea securities during this time may be able to recover damages.
  • The Rosen Law Firm has recovered over $438 million for investors in 2019 alone.
  • The firm has a 100% success rate in leadership roles since 2013.

Sources:

  • GlobeNewswire, "Rosen Law Firm Reminds Purchasers of Securities of Fortrea Holdings, Inc. of Lead Plaintiff Deadline in Class Action" (July 28, 2025)
  • GlobeNewswire, "Fortrea Holdings, Inc. Lawsuit: Rosen Law Firm Files Securities Class Action Lawsuit Against Fortrea Holdings, Inc. (NASDAQ: FTRE)" (2025, date not specified)
  • The Rosen Law Firm, "Fortrea Holdings Class Action Lawsuit" (2025, date not specified)