#United States #New York #Quanterix Corporation #Rosen Law Firm #securities claims

Rosen Law Firm Investigates Quanterix Corporation

In an important update for investors, Rosen Law Firm, a leading global law firm specializing in investor rights, has announced an investigation focused on possible securities claims for shareholders of Quanterix Corporation (NASDAQ: QTRX). This investigation arises amid accusations that Quanterix publicly disseminated misleading business information impacting its financial stability and investor trust.

Background of the Investigation

The impetus behind this investigation stems from Quanterix's recent filing on November 12, 2024, which sent ripples through the investment community. Following a recommendation by its management team and discussions with Ernst & Young LLP (EY), the company's Audit Committee determined that prior audited consolidated financial statements from 2023 and earlier, along with several unaudited quarterly reports, could no longer be considered reliable. This included crucial financial disclosures that directly affect shareholders' assessments of the company’s value and operational performance.

As a consequence of this announcement, Quanterix's stock experienced a dramatic decline—plummeting by $2.77 or approximately 18.3%, closing at $12.40 per share on November 13, 2024. This substantial drop raised alarms among investors, amplifying the need for a thorough examination of the facts surrounding these financial statements.

How Investors Can Respond

For those who sustained losses due to their investments in Quanterix stock, Rosen Law Firm is offering a pathway to seek compensation through a potential class action lawsuit. Investors are encouraged to join this initiative as it presents a chance to recover losses without bearing upfront legal costs, thanks to the contingency fee arrangement the firm provides.

If you have purchased Quanterix securities and are looking for guidance, you can obtain additional information and express your interest in joining the prospective class action by visiting their website at rosenlegal.com. Alternatively, you can contact Phillip Kim, Esq., at the firm's toll-free number, 866-767-3653, or reach out via email at [email protected].

The Importance of Choosing the Right Legal Counsel

Selecting the proper legal representation is crucial in these situations, and Rosen Law Firm prides itself on its extensive track record. With years of experience in handling securities class actions, the firm has recovered hundreds of millions of dollars for investors globally. Notably, it ranked as the top firm for securities class action settlements in 2017 and has consistently secured substantial settlements since then. This history provides potential clients with confidence in their representation.

Following the Developments

The investigation promises ongoing updates as further information becomes available. Investors interested in the progress can stay informed by following Rosen Law Firm on LinkedIn, Twitter, and Facebook, where the firm frequently shares insights and news related to their investigations and successes in defending shareholder rights.

In conclusion, for investors impacted by Quanterix Corporation’s recent financial revelations, engaging with Rosen Law Firm could offer a critical opportunity to navigate the complexities of securities claims. With their established reputation and commitment to investor advocacy, you may find the support you need during this challenging time.