Fortrea Beats Investor Suit Over Labcorp Spinoff Woes

By Sydney Price ( September 29, 2026, 10:23 PM EDT) -- Clinical research company Fortrea Holdings Inc. has escaped a proposed shareholder class action accusing it of overstating the strength of its business model after being spun off from Labcorp Holdings Inc., with a New York federal judge ruling the allegedly deceptive statements made by the defendants do not sufficiently plead securities fraud....

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