Pomerantz LLP Investigates Potential Securities Fraud Claims Against Fortrea Holdings Inc.
New York, NY, March 17, 2025 – Pomerantz LLP, a leading securities law firm, is currently investigating potential securities fraud claims on behalf of investors of Fortrea Holdings Inc. (Fortrea or the Company) (NASDAQ: FTRE).
Background on Fortrea Holdings Inc.
Fortrea Holdings Inc. is a Nasdaq-listed company that operates in the technology sector. The Company provides various solutions for the energy industry, including advanced materials, software, and engineering services. Fortrea’s mission is to help its clients optimize their energy production and reduce their carbon footprint.
Investigation Details
The investigation concerns allegations that certain statements made by Fortrea regarding its business, operations, and financial condition were materially false and misleading. These statements were made in various press releases, SEC filings, and other communications made between March 2023 and February 2025. Specifically, the investigation focuses on Fortrea’s reported revenue growth, profitability, and cash flow.
Impact on Investors
Investors who purchased or otherwise acquired Fortrea securities between March 2023 and February 2025 may be entitled to recover their losses. If you suffered losses and wish to join the action, please contact Danielle Peyton at [email protected] or 646-581-9980, ext. 135.
Worldwide Implications
The potential securities fraud allegations against Fortrea Holdings Inc. could have far-reaching implications for the technology and energy sectors. If the allegations are proven true, it may lead to increased scrutiny of other companies in these industries and heightened regulatory oversight. Additionally, it may impact investor confidence in technology and energy stocks, potentially leading to market volatility.
Conclusion
Pomerantz LLP is committed to protecting the rights of investors and securing the best possible recovery for its clients. If you purchased Fortrea securities between March 2023 and February 2025 and believe that you may have been impacted by the alleged securities fraud, we encourage you to contact us for a consultation. Our experienced securities fraud attorneys will assess your potential claims and help you understand your legal options.
As the investigation unfolds, we will continue to closely monitor developments and provide updates as new information becomes available. Stay informed and protect your investments by following Pomerantz LLP’s blog, where we share the latest news and insights on securities fraud and other legal matters.
For more information, please contact Danielle Peyton at [email protected] or 646-581-9980, ext. 135.
