Investigation Announced for Quanterix Corporation Shareholders

NEW YORK, Jan. 12, 2025 (GLOBE NEWSWIRE) -- The Rosen Law Firm, recognized as a global investor rights law firm, has initiated an investigation focused on potential securities claims for shareholders of Quanterix Corporation (NASDAQ: QTRX). This investigation is in response to allegations suggesting that the company may have issued materially misleading information regarding its business operations to the investing public.

What this means for you: If you have purchased shares or securities from Quanterix, you may be eligible for compensation without incurring any out-of-pocket costs. This is possible through a contingency fee arrangement, meaning you would only pay if the case is successful. The Rosen Law Firm is actively working on a class action aimed at recovering losses for affected investors.

What steps to take next: Interested individuals who wish to join the class action can visit this link, call Phillip Kim, Esq. at 866-767-3653, or email [email protected] for further information regarding the class action proceedings.

Background of the Case

The situation came to light on November 12, 2024, after the market closed, when Quanterix submitted a current report on Form 8-K to the SEC. The report revealed that, as of November 11, 2024, the company's Audit Committee, following discussions with its independent auditor, Ernst & Young LLP (EY), determined that the previously issued consolidated financial statements for the years ending December 31, 2023, and 2022, as well as for several quarterly periods, should no longer be relied upon. This announcement raised serious concerns regarding the accuracy of the financial information previously shared with investors.

As a direct result of this news, Quanterix's stock price experienced a sharp decline, dropping $2.77 per share, which equated to an 18.3% fall, finishing at $12.40 per share on November 13, 2024.

Why Choose Rosen Law Firm

When seeking legal representation, it is crucial to select a firm with a proven record of success. The Rosen Law Firm specializes in securities class actions and has built a reputation for obtaining significant settlements for investors. They achieved the largest securities class action settlement against a Chinese company at the time and were ranked No. 1 by ISS Securities Class Action Services for the highest number of securities class action settlements in 2017. The firm has consistently ranked in the top four every year since 2013, recovering hundreds of millions of dollars for investors, including over $438 million in 2019. Notably, their founding partner, Laurence Rosen, was recognized as a Titan of the Plaintiffs' Bar by Law360 in 2020.

To stay updated with the latest news regarding this case and other legal matters, follow the Rosen Law Firm on LinkedIn at this link, on Twitter at this link, or on Facebook at this link.

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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 protected]

www.rosenlegal.com

investment, legal, shareholders