Investors Urged to Participate in Fortrea Holdings Securities Fraud Class Action Lawsuit

Opportunity for Investors in Fortrea Holdings

In an important turn of events for shareholders of Fortrea Holdings, Inc. (NASDAQ: FTRE), Rosen Law Firm, a reputed global investor rights law firm, has announced a class action lawsuit for those who purchased securities between July 3, 2023, and February 28, 2025. This class action is a step towards holding Fortrea accountable for alleged discrepancies that have impacted investors negatively.

Overview of the Lawsuit

The class action lawsuit has been officially filed, and stakeholders are encouraged to take action if they wish to serve as the lead plaintiff. This involves submitting a request to the court by no later than August 1, 2025. Investors may be entitled to compensation without any out-of-pocket costs, thanks to a contingency fee arrangement that allows them to pursue claims without financial risk.

How to Get Involved

Interested investors can join the class action lawsuit through the Rosen Law Firm by visiting their website or by contacting the firm directly. Phillip Kim, Esq. can be reached at 866-767-3653 for any inquiries regarding the class action.

Background on Allegations

The allegations center on false statements and omissions made by Fortrea during the Class Period. The lawsuit claims that the company overstated the revenue contributions expected from its pre-spin projects and the cost savings anticipated from exiting transition service agreements. As a result, Fortrea's Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) targets for 2025 were reported inaccurately, and its post-spin business model's viability was exaggerated.

When the actual facts surfaced, investors reportedly suffered significant losses, prompting the legal action. Rosen Law Firm has previously celebrated a record of success in similar cases, often championing the rights of investors and securing substantial recoveries.

Choosing the Right Representation

It’s vital for investors to select counsel with proven experience in securities class actions. The Rosen Law Firm’s impressive history includes securing the largest securities class action settlement at one point involving a Chinese company. They have consistently been ranked among the top firms for the number of settlements achieved, historically recovering hundreds of millions for investors.

Next Steps

For those wishing to involve themselves in the case, remember that no class has yet been certified. Until that step is accomplished, investors are not represented unless they select counsel. You can also choose to remain an absent class member without any immediate action if you so prefer. Participation in the lead plaintiff role does not determine an investor's potential recovery.

Stay connected with the latest updates from Rosen Law Firm via their LinkedIn, Twitter, and Facebook profiles to keep informed about the class action progress and potential outcomes.

Conclusion

If you purchased Fortrea securities during the stipulated Class Period, now is the time to consider joining the class action lawsuit. The upcoming deadlines and the scope of potential recovery make this an opportune moment for investors seeking justice and compensation for perceived fraud. Don’t miss your chance to be part of this legal action that aims to protect shareholder interests.