Rosen Law Firm Investigates Quanterix Corporation
The Rosen Law Firm, known globally for safeguarding investor rights, has recently launched an investigation concerning potential securities claims for shareholders of Quanterix Corporation, which operates under the NASDAQ ticker QTRX. This move follows significant allegations that the company might have released seriously misleading information regarding its business operations which have implications for investors.
Background of the Investigation
This investigation comes in light of events reported on November 12, 2024. Quanterix submitted a current report to the U.S. Securities and Exchange Commission (SEC) which stated a critical advisory: based on recommendations from management and the independent auditing firm Ernst & Young LLP, the Audit Committee of Quanterix's Board of Directors concluded that their previously issued audited financial statements spanning the years ending December 31, 2023, and 2022, should no longer be relied upon. The same applies to their unaudited financial reports for various quarterly periods dating back to 2022 and extending through June 2024.
This disclosure sent shockwaves through the investor community. The stock price of Quanterix fell by a striking $2.77, or 18.3%, dropping to $12.40 per share by the end of trading on November 13, 2024, post-announcement.
How Rosen Law Firm Can Help
Shareholders who invested in Quanterix securities may find themselves with potential claims for compensation, and importantly, these opportunities are accessible through a contingency fee structure, meaning that investors would not need to incur any out-of-pocket expenses. The Rosen Law Firm is filing a class action with the aim of recovering losses sustained by investors, which can be vital in restoring financial stability to those affected.
The Importance of Choosing the Right Legal Representation
In the realm of securities litigation, it is essential for investors to engage with law firms that not only possess substantial experience but also a proven track record of success in leading such cases. The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel, with a notable history in securities issues, as many firms simply do not match the level of experience, resources, or recognition that are critical in these complex legal matters.
Rosen Law Firm has gathered significant accolades over its operational years, including achieving the largest securities class action settlement involving a Chinese company as of its time and consistently ranking at the top for the total number of securities class action settlements year after year since 2013. The firm has successfully recovered hundreds of millions for an array of clients, guiding them through the intricate nuances of securities law.
Next Steps for Investors
Investors who wish to join the class action against Quanterix Corporation are encouraged to assess their eligibility and take decisive action. Those interested can directly connect through the following options:
- - Visit Rosen's official site to find more information.
- - Reach out to Phillip Kim, Esq. at (866) 767-3653, or via email at [email protected] for personalized guidance.
Staying Informed
For updates regarding this ongoing investigation, investors can follow the Rosen Law Firm on various social media platforms including LinkedIn, Twitter, and Facebook.
In conclusion, the unfolding circumstances surrounding Quanterix Corporation present a critical opportunity for investors seeking justice and compensation for potential losses. As the situation develops, active participation in the legal process can be instrumental for shareholders looking to protect their financial interests.