#United States #New York #QTRX #Rosen Law Firm #Quanterix Corp

Investigation of Quanterix Corporation by Rosen Law Firm

The Rosen Law Firm, a prominent global law firm specializing in investor rights, has initiated an investigation concerning potential securities claims on behalf of shareholders of Quanterix Corporation (NASDAQ: QTRX). This inquiry arises from allegations that Quanterix may have disseminated materially misleading information regarding its business, which could significantly affect the investments of its shareholders.

Context and Significance

In light of reports suggesting that Quanterix has not been transparent with its financial dealings, affected shareholders are encouraged to consider their options for legal recourse. An official statement from the firm indicates that those who purchased shares of Quanterix may qualify for compensation under a contingent fee agreement, meaning they could recover losses without incurring out-of-pocket expenses during the process.

Recent Developments

On November 12, 2024, Quanterix submitted a current report (Form 8-K) to the Securities and Exchange Commission (SEC), which detailed significant developments concerning its financial statements. In this report, the company declared that their Audit Committee, advised by Ernst & Young LLP, determined that their previously issued consolidated financial statements for the fiscal years ending December 31, 2023, and 2022, and various interim periods, should not be relied upon. This disclosure has raised eyebrows in the investment community, leading to a notable downturn in Quanterix's stock price.

On November 13, 2024, following the announcement, the company's shares plummeted by $2.77, or 18.3%, closing at $12.40. The severe drop prompted by the news has left many investors seeking guidance and recourse options.

Rosen Law Firm's Expertise

Rosen Law Firm's track record speaks volumes about its capabilities in handling securities fraud and investor-related litigation. The firm has previously achieved the largest securities class action settlement against a Chinese company at that time and has been consistently recognized for its significant contributions in this area, being rated highly for its success in securing favorable outcomes for investors.

Investors are advised to carefully select counsel with proven experience, especially when faced with complex securities litigations. The Rosen Law Firm has built a reputation for its commitment to investor rights and has recovered hundreds of millions for aggrieved shareholders, bolstering its standing in the legal community.

More recently, the firm has shown exemplary performance, securing over $438 million for investors in 2019 alone. This consistent success highlights the firm’s capability to achieve substantial recoveries for its clients.

How to Proceed

Investors who believe they may have a claim are encouraged to join the ongoing class action. Those interested should visit Rosen Law Firm’s website to submit their details or gather additional information about the proceedings. Additionally, they can contact Phillip Kim, Esq. directly at (866) 767-3653, or through email at [email protected] for personalized guidance on how to pursue their claims.

Conclusion

The unfolding investigation into Quanterix Corporation underlines the importance of transparency and accuracy in financial reporting for companies. As developments progress, both current and former shareholders must remain vigilant to protect their financial interests. With Rosen Law Firm on their side, investors have a robust ally ready to advocate for their rights and seek reparations for any losses incurred as a result of this situation.