#USA #New York #Levi & Korsinsky #Fortrea Holdings #FTRE

Deadline Approaches for Class Action Against Fortrea Holdings Inc.

As of June 20, 2025, Levi & Korsinsky, LLP has officially notified investors in Fortrea Holdings Inc. of a class action that addresses issues surrounding alleged securities fraud. The legal firm is reaching out to investors to recover losses sustained due to misleading information disseminated by the company between July 3, 2023, and February 28, 2025. The class action sets an urgent deadline for those interested: August 1, 2025.

Affiliated Information for Potential Claimants

Levi & Korsinsky is encouraging investors who believe they have suffered losses related to Fortrea Holdings Inc. to seek additional information by following a provided link, or by reaching out directly to members of their team. Investors have multiple avenues for inquiry, including contacting attorney Joseph E. Levi via email or by phone.

The specifics of the case center on accusations that the defendants for Fortrea Holdings misrepresented and concealed vital financial information, impacting the decisions of investors. For instance, it is alleged that the company made inflated claims regarding potential revenue from long-term projects within its portfolio, known as the Pre-Spin Projects. Moreover, the lawsuit argues that misleading statements regarding cost savings from exiting certain agreements led to an inflated outlook on the company’s earnings before interest, taxes, depreciation, and amortization (EBITDA) targets for 2025.

Key Allegations

The class action asserts that Fortrea Holdings falsely presented its business viability post-spin-off and overstated its financial prospects, violating securities laws in the process. This has resulted in a ripple effect of misinformation that left many investors at a loss. The complaints in the lawsuit detail how the company’s public statements were, at all relevant times, materially false and misleading.

Given the extensive nature of the allegations, affected investors are reminded that they do not need to serve as lead plaintiffs in order to partake in potential recoveries from the lawsuit. Levi & Korsinsky cites that participation is available at no cost, allowing class members to seek compensation without financial outlay.

Why Choose Levi & Korsinsky?

With a notable history spanning over 20 years, Levi & Korsinsky has successfully secured hundreds of millions of dollars for investors in similar class action claims. The firm boasts robust expertise in managing complex securities litigation, aided by a dedicated team of over 70 staff members aimed at serving investor clients efficiently. Furthermore, their standing in the industry is highlighted by their consistent ranking in ISS Securities Class Action Services' Top 50 Report, recognizing them as one of the top securities litigation firms in the United States for seven consecutive years.

Next Steps for Investors

For those who sustained a loss in Fortrea Holdings during the specified time frame, the window to act is shrinking as the August 1, 2025 deadline approaches. Interested parties are encouraged to access the lawsuit submission form via the provided URL, which will facilitate communication with the Levi & Korsinsky team. As the legal landscape evolves, timely action could prove critical for affected investors seeking redress for their losses.

Contact details for Levi & Korsinsky are also provided for direct outreach: 33 Whitehall Street, 17th Floor, New York, NY 10004, or via telephone at (212) 363-7500. The pathway to justice may be clearer now than ever, and swift engagement with legal counsel could be the first step toward recovering lost investments. Stay informed and act promptly to uphold your rights as a shareholder.