LOS ANGELES, July 2, 2025 /PRNewswire/ — The DJS Law Group reminds investors of a class action lawsuit against Fortrea Holdings, Inc. (“Fortrea” or “the Company”) (NASDAQ: FTRE) for violations of the federal securities laws.
Shareholders who purchased the Company’s securities between July 3, 2023 and February 28, 2025, inclusive (the “Class Period”), are encouraged to contact the firm before August 1, 2025.
CASE DETAILS: The complaint alleges that the Company made false and misleading statements to the market concerning whether Fortrea overestimated the potential revenue contributions of projects initiated prior to its spinoff from Labcorp Holdings Inc. The Company overstated the cost savings it could potentially enjoy by exiting transition services agreements (“TSAs”). The Company’s EBITDA targets were inflated due to these factors. The viability of the Company’s business model as well as its financial prospected were overstated.
If you are a shareholder who suffered a loss, contact us to participate.
WHY DJS LAW GROUP? DJS Law Group’s primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.
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CONTACT:
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: [email protected]
SOURCE DJS Law Group LLP
