Rosen Law Firm Launches Investigation into Quanterix Corporation's Securities Practices Amid Allegations
The Rosen Law Firm, known for advocating investor rights, has recently initiated an investigation regarding potential securities fraud involving Quanterix Corporation (NASDAQ: QTRX). This inquiry stems from serious allegations suggesting that Quanterix may have communicated significantly misleading business information to its investors. Investors who have purchased shares in Quanterix may be eligible for restitution, and they can participate in this potential class action without incurring any fees upfront, owing to a contingency fee arrangement.
The investigation was announced following a critical development that occurred on November 12, 2024. Quanterix reported that its Audit Committee, directed by management and advised by Ernst & Young LLP, concluded that several of the company's past audited financial statements should no longer be relied upon. This included financials covering the fiscal years of 2023 and 2022, as well as various quarterly reports. After this announcement, which indicated significant discrepancies in financial reporting, Quanterix's stock plummeted by 18.3% the very next day. This fallout underscores the potential implications of the alleged misleading statements and the resulting losses to shareholders.
Given the gravity of the situation, Rosen Law Firm encourages any investors who believe they have been affected to act promptly. Interested parties can visit their website to submit claims or obtain additional information related to the class action. Should investors need assistance, they can contact Phillip Kim, Esq. directly via a toll-free number or email.
As a firm that focuses on securities class actions and shareholder derivative litigation, Rosen Law Firm prides itself on its history of representing investors worldwide. Over the years, the firm has secured substantial recoveries for their clients, including a notable case that set records in securities class action settlements against a Chinese company. In 2017, they were recognized by ISS Securities Class Action Services as the leader in the number of settlements achieved, and they have consistently ranked among the top firms in this sector since 2013. The firm is well regarded within the legal community for its expertise and success in complex financial litigation, with many attorneys recognized by prestigious legal directories.
Given the recent developments surrounding Quanterix and its financial disclosures, it's crucial for affected investors to choose a law firm that not only understands the intricacies of financial law but also possesses proven leadership and a track record of successful recovery. In times like these, informed decision-making is paramount, emphasizing the importance of expert legal counsel when addressing possible securities fraud.
For ongoing updates and information about the investigation and other securities-related news, interested individuals are encouraged to follow the Rosen Law Firm via their social media channels, including LinkedIn, Twitter, and Facebook. Attorney advertisements are included with the firm's contact information, indicating their established presence in the legal space dedicated to protecting investor rights.
If you are a shareholder of Quanterix Corporation and suspect that you have suffered losses due to misleading information, it is wise to stay informed and take action by connecting with the legal experts at the Rosen Law Firm.