Quanterix Corporation Announcement Regarding Potential Security Claims
NEW YORK, Jan. 01, 2025 (GLOBE NEWSWIRE) --
The Rosen Law Firm, based in New York, is investigating potential securities claims on behalf of shareholders of Quanterix Corporation (NASDAQ: QTRX). This investigation stems from recent allegations that the company may have provided investors with materially misleading business information.
If you purchased securities from Quanterix, you may be entitled to compensation. Notably, this compensation can be obtained without needing to pay any out-of-pocket fees or costs, as it will work through a contingency fee arrangement. The Rosen Law Firm is preparing a class action lawsuit aimed at recovering losses incurred by investors.
For those interested in joining the potential class action, further information can be sought by visiting the Rosen Law Firm's submission form or contacting them directly. They can be reached by calling Phillip Kim, Esq. toll-free at 866-767-3653, or via email at [email protected].
This situation arose on November 12, 2024, when Quanterix filed a current report on Form 8-K with the SEC. In this report, it was indicated that on November 11, 2024, the Audit Committee of Quanterix's Board of Directors decided, based on management's recommendations and discussions with the independent accounting firm Ernst & Young LLP (EY), that the previously issued audited consolidated financial statements for the years ending December 31, 2023, and 2022, as well as various unaudited financial statements for earlier periods, should no longer be relied upon.
This announcement resulted in a significant decline in Quanterix's stock price, which fell by $2.77 per share, equating to an 18.3% drop, leading to a closing price of $12.40 per share on November 13, 2024.
Investors are advised to select their counsel wisely when considering joining the class action. It is crucial to work with a firm that possesses a successful track record in handling such cases. Many firms that issue notices on these matters may lack comparable experience or resources. For instance, the Rosen Law Firm has secured substantial settlements over the years and is recognized for its focus on securities class actions and shareholder derivative litigation.
Follow the Rosen Law Firm for updates on various platforms including LinkedIn and Twitter.
Attorney advertising notice: Past outcomes do not guarantee future success.
Contact Information: Laurence Rosen, Esq. and 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
investors, lawsuit, Quanterix