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Investors who lost money on Fortrea Holdings Inc.(FTRE) should contact The Gross Law Firm about pending Class Action - FTRE

1. FTRE shareholders are urged to register for class action due to alleged misleading statements. 2. The lawsuit claims FTRE overestimated future earnings and cost savings. 3. FTRE's 2025 EBITDA targets are reported as inflated and misleading. 4. Shareholders can register by the August 1, 2025, deadline for potential recovery. 5. Gross Law Firm seeks to protect investors from deceitful business practices.

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FAQ

Why Very Bearish?

The class action lawsuit suggests serious allegations of misleading financial disclosures, damaging investor confidence and potentially impacting stock price negatively, similar to cases like Qualcomm in the past.

How important is it?

The allegations of false disclosures are significant as they can lead to substantial stock price declines and reputational damage.

Why Long Term?

Given the ongoing nature of the lawsuit and the potential for negative implications on FTRE's operational future, the impact is likely to be prolonged, akin to the impact seen in the case of Enron.

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NEW YORK, July 7, 2025 /PRNewswire/ --

The Gross Law Firm issues the following notice to shareholders of Fortrea Holdings Inc. (NASDAQ: FTRE).

Shareholders who purchased shares of FTRE during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.

CONTACT US HERE:

https://securitiesclasslaw.com/securities/fortrea-holdings-inc-loss-submission-form/?id=155410&from=4

CLASS PERIOD:

July 3, 2023 to February 28, 2025

ALLEGATIONS:

The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that:

  1. Fortrea overestimated the amount of revenue the long-term projects in its portfolio, the Pre-Spin Projects, were likely to contribute to the Company's 2025 earnings;
  2. Fortrea overstated the cost savings it would likely achieve by exiting the transition services agreements;
  3. As a result, the Company's previously announced EBITDA targets for 2025 were inflated;
  4. Accordingly, the viability of the Company's post-spin-off business model, as well as its business and/or financial prospects, were overstated;
  5. As a result, the Company's public statements were materially false and misleading at all relevant times.

DEADLINE:

August 1, 2025. Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/fortrea-holdings-inc-loss-submission-form/?id=155410&from=4

NEXT STEPS FOR SHAREHOLDERS:

Once you register as a shareholder who purchased shares of FTRE during the timeframe listed above, you will be enrolled in portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is August 1, 2025. There is no cost or obligation to you to participate in this case.

WHY GROSS LAW FIRM?

The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

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

SOURCE

The Gross Law Firm

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