#United States #New York #Investor Rights #Quanterix Corporation #Rosen Law Firm

Rosen Law Firm Investigates Quanterix Corporation

The Rosen Law Firm, a prominent global law firm specializing in investor rights, has recently announced an investigation concerning potential securities class action claims for shareholders of Quanterix Corporation (NASDAQ: QTRX). This comes after serious allegations regarding the company’s past disclosures, which may have materially misled investors about its financial health.

Background of the Investigation

Investors should take note that an official communication from Quanterix revealed grave concerns regarding their financial statements. On November 12, 2024, the company filed a current report (Form 8-K) with the Securities and Exchange Commission (SEC), stating that its Audit Committee determined the previously issued consolidated financial statements for the years ending December 31, 2023, and December 31, 2022, are no longer reliable. This includes quarterly and year-to-date reports dating back to the first quarter of 2022. Quanterix attributed these findings to self-examination and discussions with their independent auditor, Ernst & Young LLP.

The news led to a noteworthy drop in stock price, which plummeted by approximately $2.77, or 18.3%, resulting in a closing price of $12.40 per share on November 13, 2024. For investors who have purchased Quanterix securities, this development signifies potential eligibility for compensation as part of a class action lawsuit organized by the Rosen Law Firm.

How to Participate

For those holding Quanterix securities, it is vital to know that participation in this class action involves no upfront costs, as the Rosen Law Firm operates on a contingency fee basis. This means that legal fees are typically deducted from recovered amounts rather than being charged initially to participants. Interested investors can join the action by visiting the Rosen Law Firm’s official website or contacting legal representatives directly.

Phillip Kim, a partner at Rosen Law, can be reached toll-free at 866-767-3653 or via email at info@rosenlegal.com for further details and assistance in filing claims.

Why Choose Rosen Law Firm

The firm emphasizes its commitment to protecting investor rights, with a proven track record in handling securities class actions. It has consistently been recognized for its substantial settlements, including the largest securities class action settlement against a Chinese company. Rosen Law Firm ranked first in 2017 for successful settlements and continues to receive accolades for its effectiveness in safeguarding investors' interests. Many attorneys from the firm have also gained recognition from prestigious legal publications, underscoring their commitment to excellence in representation.

In light of the recent developments surrounding Quanterix Corporation, shareholders are strongly encouraged to act swiftly. Accurate legal representation matters, especially in navigating complex securities regulations and potential litigation processes.

Conclusion

As this situation unfolds, staying informed and understanding rights as a shareholder are crucial. Investors can follow updates from the Rosen Law Firm through social media platforms like LinkedIn and Twitter for timely news and developments regarding this investigation. It remains vital for affected investors to seek qualified legal counsel early in the process to avoid missing any opportunities for compensation. For personalized support, individuals can reach out directly to the law firm’s office to discuss their specific circumstances and concerns.