#USA #New York #Class Action #Gross Law Firm #Fortrea Holdings

Class Action Lawsuit Filed Against Fortrea Holdings Inc.

On July 10, 2025, The Gross Law Firm publicly announced that a class action lawsuit has been initiated against Fortrea Holdings Inc. (NASDAQ: FTRE). This lawsuit is specifically directed towards shareholders who acquired shares during the official class period, which extends from July 3, 2023, to February 28, 2025. The firm is urging individuals who fall within this framework to get in touch for potential lead plaintiff opportunities.

Allegations and Concerns

The essence of the complaint highlights serious allegations against Fortrea Holdings. According to the lawsuit, the defendants are accused of having disseminated materially false and misleading statements. Moreover, they are alleged to have failed to reveal critical information that could have influenced investors' decisions. Noteworthy claims in the lawsuit include:

1. Fortrea Holdings purportedly exaggerated the projected revenue contributions from its long-term projects, referred to as the Pre-Spin Projects, which were expected to boost earnings in 2025.
2. It is alleged that Fortrea inflated the anticipated cost savings from their exit from transition services agreements.
3. Consequently, the company's previously announced Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) targets for 2025 were considered inflated as a result of these misrepresentations.
4. The lawsuit argues that due to these inflated projections, the overall viability of Fortrea’s business model and its financial future were overstated.
5. Lastly, all of these miscommunications led to public statements by Fortrea that were fundamentally false and misleading.

Urgent Call for Shareholder Action

The Gross Law Firm has set a crucial deadline for shareholders: August 1, 2025, is the last day for individuals to register their claims to potentially be recognized as lead plaintiffs in this class action case. Shareholders are strongly encouraged to act without delay. The firm has made it clear that participation in the class action does not necessitate an appointment as a lead plaintiff.

For those interested, The Gross Law Firm provides a seamless registration process to enroll as a shareholder who purchased FTRE shares during the designated time. Once registered, individuals will gain access to portfolio monitoring tools that will keep them informed with updates throughout the duration of the lawsuit.

Why Choose The Gross Law Firm?

Known for its dedication to defending shareholder rights, The Gross Law Firm is recognized nationally for its legal practice focused on class actions. The firm operates on a foundation of ethical standards and a commitment to ensuring that businesses maintain responsible practices. Investors who have experienced losses due to deceptive or illegal corporate behavior during the allegations are encouraged to seek recourse via this lawsuit.

In a statement from the firm, it is emphasized that the overarching goal is every investor’s right: to recover losses precipitated by misleading business practices. Attorney advertising is integral to their operations, and potential clients are made aware that past results do not guarantee future outcomes.

Next Steps for Interested Shareholders

The Gross Law Firm requests that all interested parties wishing to learn more or register for the class action visit their website. Legal experts at the firm stand ready to assist investors in outlining the necessary steps to take action.

For further inquiries or to initiate the registration process, interested investors can reach The Gross Law Firm directly at:

• - Address: 15 West 38th Street, 12th floor, New York, NY, 10018
• - Email: info@grosslawfirm.com
• - Phone: (646) 453-8903

Make sure to take action before the deadline approaches. Standing together with collective strength, impacted shareholders can seek the justice and recovery they rightfully deserve.