Important Announcement for Fortrea Investors
On July 20, 2025, Rosen Law Firm, an internationally recognized firm specializing in investor rights, issued a significant reminder for those who purchased securities from Fortrea Holdings, Inc. (NASDAQ: FTRE) between July 3, 2023, and February 28, 2025. If you incurred a loss exceeding $100,000, this may be a crucial opportunity for you to take up the role of lead plaintiff in an ongoing securities fraud lawsuit. The deadline to take action is set for August 1, 2025.
The Class Action Suit
The class action relates to accusations against Fortrea concerning misleading statements made during the specified class period. Investors were reportedly misled regarding the realistic revenue projections from the company's Pre-Spin Projects and the anticipated cost savings from terminating Transitional Service Agreements (TSAs). According to the lawsuit, these inflated expectations contributed to an overstatement of Fortrea's earnings before interest, taxes, depreciation, and amortization (EBITDA) targets for 2025, as well as projections about the company’s business viability post-Spin-Off. The lawsuit points out that such omissions and misrepresentations led investors to suffer significant financial losses once the truth surfaced in the market.
Why Joining Matters
Participating in the class action means that you may receive compensation for your losses without incurring out-of-pocket costs, thanks to a contingency fee arrangement. If you wish to take on the lead plaintiff role, you need to file your motion with the Court by the aforementioned deadline. This role is crucial as the lead plaintiff guides the litigation on behalf of all affected investors, ensuring that their interests are represented. Remember, your ability to recover potential future gains is not contingent upon your decision to become the lead plaintiff; you may also choose to remain an absent class member, which allows for passive participation.
How to Proceed
If you think you qualify and are interested in joining the class action, you can follow these simple steps:
1. Visit
this link for more information.
2. You can also reach out directly to Phillip Kim, Esq. via phone at 866-767-3653 or email him at [email protected].
About Rosen Law Firm
Rosen Law Firm is renowned for its dedication to protecting investors. It has built a robust reputation as a leader in securities class actions and shareholder derivative litigation, achieving notable settlements and recognition. Investors are encouraged to choose legal representation wisely, opting for firms with proven track records like Rosen Law Firm.
In the past, the firm has achieved significant victories, including the largest securities class action settlement against a Chinese company at that time. With hundreds of millions of dollars recovered for investors, choosing a capable attorney can play a critical role in navigating securities litigation. In 2019 alone, the firm secured over $438 million for its clients.
With the association of experienced legal professionals such as Laurence Rosen, named a Titans of the Plaintiffs’ Bar by Law360, investors can feel assured that their case will be managed with expertise. Many attorneys at the firm have also received accolades from Lawdragon and Super Lawyers for their exceptional work.
Final Words
Don’t delay! If you have been affected by the alleged fraudulent practices of Fortrea Holdings, ensure you take the necessary steps to safeguard your rights. Remember, the deadline to file as a lead plaintiff is approaching fast. Keep abreast of developments by following Rosen Law Firm on various platforms like LinkedIn, Twitter, and Facebook. When it comes to your investments, informed action can lead to recovery.