#None #New York #Class Action #Gross Law Firm #Fortrea Holdings

Urgent Notice for Fortrea Holdings Inc. Shareholders

Shareholders of Fortrea Holdings Inc. (NASDAQ: FTRE) who incurred losses are being asked to participate in a class action lawsuit spearheaded by The Gross Law Firm. Following a series of troubling allegations regarding the company's misleading statements and inflated financial projections, stakeholders now have a chance to join this legal action aimed at recovering their losses.

Context of the Case

Fortrea Holdings, a company listed on NASDAQ, has faced scrutiny following claims that it misrepresented key financial information during a specific class period from July 3, 2023, to February 28, 2025. The allegations detail instances where Fortrea is said to have overstated revenue expectations from several critical projects labeled as Pre-Spin Projects, which are integral to the company’s financial health and reputation.

Allegations Against Fortrea

The complaints against Fortrea highlight several key areas of concern:

• - Revenue Overestimation: Fortrea allegedly inflated its revenue prospects from long-term project contributions, leading to an unrealistic outlook for its 2025 earnings.
• - Cost Savings Misrepresentation: The company is accused of overstating expected savings from exiting transition services agreements, further complicating its financial claims.
• - Inflated EBITDA Targets: These misleading statements ultimately resulted in inflated expectations for the company’s Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) for the year 2025.
• - Overstated Business Viability: The complaint suggests that the viability of Fortrea’s business model post-spin-off and its broader financial prospects were significantly overstated as a result of these deceptive statements.

The impact of these alleged misrepresentations has garnered considerable concern among shareholders, prompting The Gross Law Firm to take action.

Next Steps for Shareholders

Shareholders who acquired FTRE shares during the aforementioned class period are strongly advised to act promptly. Registration for this class action is simple and can be completed online.

• - Deadline: Interested parties must register before August 1, 2025.
• - Monitoring Software: Upon registration, shareholders will gain access to portfolio monitoring software, which will provide regular updates on the progression of the case, ensuring they are well-informed throughout the process.
• - No Cost for Participation: It’s important to note that there is no financial obligation associated with joining the class action. Shareholders can participate without further costs to them.

Why Choose The Gross Law Firm?

The Gross Law Firm is a recognized leader in class action litigations, dedicated to defending the rights of investors who have suffered as a result of corporate misconduct. Their commitment to transparency and integrity ensures that every client is treated with the utmost respect, and their team works tirelessly to advocate for fair compensation.

Contact Information

For those interested in learning more about this class action or who wish to register, please reach out to:

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

In conclusion, shareholders of Fortrea Holdings Inc. should not hesitate to consider their legal options in light of these serious allegations. Acting swiftly could provide them the opportunity to recover losses incurred during the alleged period of misleading information dissemination.