#United States #New York #Securities Fraud #Quanterix Corporation #Rosen Law Firm

Rosen Law Firm Announces Investigation of Quanterix Corporation

The Rosen Law Firm, known for its commitment to protecting investor rights, has recently initiated an inquiry into potential securities claims involving Quanterix Corporation (NASDAQ: QTRX). This investigation stems from recent allegations suggesting that Quanterix may have disseminated materially misleading information regarding its business operations to investors.

Background

On November 12, 2024, after the market had closed for the day, Quanterix filed a current report with the U.S. Securities and Exchange Commission (SEC). This report indicated a serious issue that arose the day prior. The Audit Committee of Quanterix's Board of Directors, supported by both the company’s management and independent accounting firm, Ernst & Young LLP, came to a significant conclusion. They decided that previously issued financial statements for multiple periods – including the years 2023 and 2022 – could no longer be relied upon due to discrepancies that surfaced during their audit process.

As a result, the company experienced an immediate backlash in the stock market, with Quanterix’s stock price plummeting by an alarming 18.3% the very next day, illustrating the grave implications of the information released. Investors are rightfully concerned about the validity of their investments and are considering their options moving forward.

The Legal Proceedings

Rosen Law Firm is focused on ensuring that shareholders are aware of their rights in this situation. Investors who purchased securities from Quanterix might be eligible for compensation through a proposed class action lawsuit that the law firm is preparing to file. Importantly, this would occur under a contingency fee arrangement, meaning investors would not need to cover upfront legal costs or fees.

To participate in this class action, Rosen Law Firm invites investors to contact them through various means. Interested parties can visit their official website and submit a form or directly reach out to attorney Phillip Kim via toll-free phone or email for further details. Those considering joining the class action are encouraged to act promptly to ensure their claims are included in the proceedings.

Why Choose Rosen Law Firm?

Investors are advised to select a law firm with significant experience in handling such matters. The Rosen Law Firm has a distinguished record, having successfully recovered hundreds of millions of dollars for investors across various securities class actions. The firm’s expertise is underscored by their recognition as the top firm for securities class action settlements according to ISS Securities Class Action Services in 2017, a title they have maintained with high rankings ever since.

Founding partner Laurence Rosen’s accolades highlight the firm’s commitment to empowering investors and battling against corporate misconduct. His recognition as a Titan of the Plaintiffs' Bar reinforces that investors can trust Rosen Law Firm to represent their interests vigorously and effectively.

Conclusion

As the investigation progresses, the firm remains dedicated to keeping investors informed through their social media platforms, including LinkedIn, Twitter, and Facebook. They believe in transparency and timely updates for all affected stakeholders.

For Quanterix Corporation shareholders, the current atmosphere is one of vigilance and action. Engaging with a trusted law firm like Rosen could be a crucial step in recovering potential losses linked to shares held in the beleaguered company. Legal resources, like those provided by The Rosen Law Firm, can empower investors in facing corporate challenges head-on and securing their rights during turbulent times.