Core Viewpoint - Kuehn Law, PLLC is investigating potential breaches of fiduciary duties by certain officers and directors of Fortrea Holdings, Inc. related to misrepresentation of financial projections and business viability [1] Summary by Relevant Sections Allegations of Misrepresentation - Fortrea Holdings allegedly overestimated revenue contributions from Pre-Spin Projects for 2025 earnings [1] - The company purportedly overstated expected cost savings from exiting Transition Services Agreements (TSAs) [1] - As a result, Fortrea's previously announced EBITDA targets for 2025 were inflated [1] Impact on Business Viability - The viability of Fortrea's post-Spin-Off business model and its financial prospects were reportedly overstated [1] - Public statements made by the company were claimed to be materially false and misleading at all relevant times [1]
Kuehn Law Encourages Investors of Fortrea Holdings, Inc. to Contact Law Firm