FTRE LEGAL NOTICE: Lose Money when Fortrea Holdings Inc. Stock Plummeted 25%? Contact BFA Law by the August 1 Court Deadline (NASDAQ:FTRE)
Fortrea is a global contract research organization that provides biopharmaceutical product and medical device development solutions. In June 2023, Fortrea was spun off into a standalone, publicly traded company by Labcorp Holdings Inc. ("Labcorp"). In connection with the spin-off, Fortrea entered into several transition services agreements (the "TSAs"), pursuant to which it agreed to pay Labcorp for certain transitional services over a set period. As alleged, Fortrea discussed the significant cost savings a ...