Investors with Losses Over $100K Can Join Fortrea Holdings Lawsuit

Significant Opportunity for Fortrea Investors

A critical deadline is approaching for investors who purchased securities of Fortrea Holdings, Inc. (NASDAQ: FTRE) between July 3, 2023, and February 28, 2025. The Rosen Law Firm, a renowned global investor rights law firm, has announced that those who experienced losses surpassing $100,000 may have the opportunity to lead a class-action lawsuit against the company. The important date to remember is August 1, 2025, which is the deadline to apply for the role of lead plaintiff.

Who Can Join the Lawsuit?

If you bought Fortrea securities during the class period and sustained significant financial losses, you might be eligible for reimbursement for your investment losses, without any upfront fees, thanks to a contingency fee arrangement. This means you do not pay unless you win the case. This setup provides an accessible route for distressed investors to seek justice and recovery for their losses.

Steps to Take

Interested investors can join the class action by visiting Rosen Law Firm's website. Alternatively, you can reach out to attorney Phillip Kim, who is available toll-free at 866-767-3653 or via email at [email protected] The firm has already initiated a class action lawsuit, and it's essential to act quickly if you want to serve as the lead plaintiff in this case.

Why Choose Rosen Law Firm?

When it comes to selecting legal representation, it is crucial to choose a law firm that has a proven record of success. The Rosen Law Firm focuses on securities class actions and shareholder derivative litigation, standing out in the legal landscape due to their formidable reputation. This firm achieved the largest securities class action settlement against a Chinese company at one point and has consistently ranked among the top law firms for securities class action settlements since 2013.

In 2019 alone, Rosen Law Firm secured over $438 million for investors. Their founding partner, Laurence Rosen, was recognized by Law360 as a Titan of the Plaintiffs' Bar, signifying the firm's excellence in tackling complex legal cases. Many attorneys from the firm are acknowledged by prestigious organizations like Lawdragon and Super Lawyers, reflecting their credibility in this field.

Case Details

The lawsuit revolves around allegations that Fortrea made false and misleading statements throughout the Class Period. Key issues cited include:
1. Fortrea allegedly overestimated the revenue from its Pre-Spin Projects, which was expected to contribute to its 2025 earnings.
2. The company overstated projected cost savings related to exiting transitional service agreements (TSAs).
3. Fortrea's EBITDA targets for 2025 were reportedly inflated.
4. The overall viability of Fortrea's post-Spin-Off business model and its financial prospects were more favorable than the reality.
5. Consequently, the public statements made by Fortrea were materially deceptive, which only came to light once the actual circumstances were revealed to investors.

As more investors began to grasp the seriousness of the situation, they suffered significant damages.

Final Considerations

If you believe you are eligible to participate in this class action or would like to learn more, please take the necessary steps. Joining the lawsuit does not require immediate action; you may also choose to remain a passive class member without hiring any legal representation at this point. However, it is essential to understand that your potential recovery is not contingent on serving as lead plaintiff.

For continuous updates on the case or to follow developments from the Rosen Law Firm, consider connecting with them on social media platforms like LinkedIn, Twitter, and Facebook.

Investors should remain vigilant and informed, especially when dealing with complex securities issues that may significantly impact their financial well-being.