Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Fortrea Holdings Inc. regarding a class action lawsuit alleging that the company made materially false and misleading statements about its financial projections and business model during the specified class period [1][2]. Allegations - The lawsuit claims that Fortrea overestimated the revenue contributions from its long-term projects, known as the Pre-Spin Projects, for the year 2025 [1]. - It is alleged that the company overstated the cost savings expected from exiting transition services agreements [1]. - The previously announced EBITDA targets for 2025 were inflated due to these misrepresentations [1]. - The viability of Fortrea's post-spin-off business model and its financial prospects were also overstated [1]. - Overall, the company's public statements were materially false and misleading throughout the relevant period [1]. Class Action Details - The class period for the lawsuit is from July 3, 2023, to February 28, 2025 [1]. - Shareholders are encouraged to register for the class action by August 1, 2025, to potentially be appointed as lead plaintiffs [2]. - Registered shareholders will receive updates through a portfolio monitoring software during the case lifecycle [2]. Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [3].