Fortrea Holdings Inc.

(NASDAQ: FTRE)
Lead Plaintiff Deadline: 08/01/2025
Class Period: 07/03/2023 – 02/28/2025

Johnson Fistel, PLLP, a shareholder rights law firm, is alerting investors that a class action lawsuit has been filed on behalf of purchasers of securities in Fortrea Holdings Inc. (NASDAQ: FTRE). Shareholders are encouraged to review the information below and take action before the relevant deadline.

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and prospects. Specifically, the Complaint alleges Defendants made false and/or misleading statements and/or failed to disclose that: (i) Fortrea overestimated the amount of revenue the Pre-Spin Projects were likely to contribute to the Company’s 2025 earnings; (ii) Fortrea overstated the cost savings it would likely achieve by exiting the TSAs; (iii) as a result, the Company’s previously announced EBITDA targets for 2025 were inflated; (iv) accordingly, the viability of the Company’s post-Spin-Off business model, as well as its business and/or financial prospects, were overstated; and (v) as a result, the Company’s public statements were materially false and misleading at all relevant times.