Fortrea Holdings Inc. Investors Can Take Legal Action for Losses in Securities Fraud Case

Fortrea Holdings Inc. Securities Fraud Lawsuit

Fortrea Holdings Inc., traded under the ticker FTRE on NASDAQ, is facing a potential class-action lawsuit related to alleged securities fraud. Investors who experienced significant financial losses during a specific period now have the opportunity to take a leading role in this legal action. The Law Offices of Howard G. Smith have announced this opportunity, urging affected investors to come forward before the deadline of August 1, 2025.

Background of the Lawsuit

According to the complaint, from July 3, 2023, to February 28, 2025, Fortrea Holdings Inc. had allegedly failed to disclose crucial information to its investors. Several accusations have been made against the company’s executives, which include:
1. Overestimation of Revenue: Fortrea reportedly overestimated the expected revenue contributions from its Pre-Spin Projects for the Company’s earnings in 2025.
2. Inflated Cost Savings: The lawsuit claims that Fortrea overstated potential cost savings linked to exiting Technical Service Agreements (TSAs).
3. Misleading EBITDA Targets: As a consequence, the company's EBITDA targets for 2025 were misleadingly inflated.
4. Overstated Business Viability: The viability of Fortrea's business model post-Spin-Off was allegedly exaggerated, misleading investors about its financial and operational prospects.
5. False Positive Statements: Positive assertions made by Fortrea regarding its business and operational strengths were claimed to be based on misleading information or lacking reasonable foundation.

Next Steps for Affected Investors

Investors who incurred losses in Fortrea Holdings can contact the Law Offices of Howard G. Smith to learn about their rights and options in relation to the ongoing lawsuit. Essential contact details are provided below:

- Email: [email protected]
- Phone: (215) 638-4847
- Website: www.howardsmithlaw.com

Participation in this class action lawsuit does not require immediate action; affected individuals can choose to retain their counsel or remain as absent members of the class.

Conclusion

This case unfolds as an important instance of investor rights and legal recourse associated with securities fraud. For those who have suffered losses as a result of Fortrea's alleged misstatements or discrepancies, seizing the opportunity to become involved could lead to potential recovery.

The Law Offices of Howard G. Smith are committed to advocating on behalf of affected investors and ensuring that their voices are heard in this significant legal matter.