Quanterix Corporation Announcement: Rosen Law Firm Investigates Potential Securities Claims

NEW YORK, Jan. 12, 2025 (GLOBE NEWSWIRE) -- The Rosen Law Firm, a well-known global investor rights law firm, has launched an investigation concerning possible securities claims on behalf of shareholders of Quanterix Corporation (NASDAQ: QTRX). This follows serious allegations that Quanterix may have released significantly misleading information regarding its business operations to the public.

If you have purchased Quanterix securities, you may be eligible for compensation at no upfront cost through a contingency fee arrangement. The Rosen Law Firm is currently assembling a class action aimed at recovering investor losses incurred due to these concerns.

To explore your options for joining the proposed class action, please visit this link, contact Phillip Kim, Esq. at toll-free 866-767-3653, or send an email to [email protected].

Background on Recent Developments

On November 12, 2024, Quanterix submitted a current report, known as Form 8-K, to the Securities and Exchange Commission (SEC) after the market hours. The report revealed that the Audit Committee of the Company's Board of Directors, based on management's recommendation and discussions with the independent registered public accounting firm, Ernst & Young LLP, determined that the Company’s previously issued audited consolidated financial statements for the years ending December 31, 2023 and 2022, along with other unaudited financial statements from various quarterly and year-to-date periods, should no longer be regarded as reliable.

This disclosure significantly impacted the stock market, resulting in Quanterix's share price declining by $2.77 per share, equating to an 18.3% drop, closing at $12.40 per share on November 13, 2024.

The Importance of Choosing the Right Legal Counsel

When facing potential litigation, it is crucial for investors to select experienced legal counsel with a proven record of success in class action lawsuits. Many firms that issue notices lack comparable experience or recognition within the legal community and may not effectively litigate securities class actions.

The Rosen Law Firm has a strong reputation for representing investors globally, focusing specifically on securities class actions and shareholder derivative litigation. The firm notably achieved a record settlement in a securities class action involving a Chinese Company. In 2017, it was recognized as the leading firm in terms of settlements related to securities class actions. Over the years, it has recovered substantial amounts for investors, including over $438 million in 2019 alone. Laurence Rosen, the founding partner, was honored by Law360 as a Titan of the Plaintiffs’ Bar in 2020, and many of the firm's attorneys have received accolades from respected legal directories such as Lawdragon and Super Lawyers.

For further updates and information, follow the Rosen Law Firm on LinkedIn: here, Twitter: here, or Facebook: here.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll-Free: (866) 767-3653
Fax: (212) 202-3827
Email: [email protected]
Website: www.rosenlegal.com

Quanterix, Securities, Investigation