NEW YORK, NY–(Newsfile Corporation – January 4, 2025) – Why: The Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders. Quantrix (NASDAQ: ) Corporation (NASDAQ: QTRX ) as a result of allegations that Quanterix issued materially misleading business information to the investing public.
so what: If you purchased Quanterix securities you may be entitled to compensation without payment of expenses through any out-of-pocket fees or a contingency fee arrangement. The Rosen Law Firm is preparing a class action to recover investors’ losses.
What to do next: To join a potential class action, visit https://rosenlegal.com/submit-form/?case_id=31441 Call Phillip Kim, Esq. For class action information call toll-free at 866-767-3653 or email case@rosenlegal.com.
What about this: On November 12, 2024, after market hours, Quanterix filed a Current Report on Form 8-K with the SEC. In this current report, Quanterix announced that “on November 11, 2024, based on the recommendation of the Company’s Board of Directors’ Audit Committee, the Company’s management and discussions with the Company’s independent registered public accounting firm, Ernst & Young LLP (“EY”), concluded that the Company’s previously issued audited consolidated financial statements as of December 31, 2023 and 2022 and 31 Its unaudited consolidated financial statements for the three years ended December 31, 2023, and the quarterly and year-to-date periods ended March 31, 2022, June 30, 2022, September 30, 2022 and year-to-date (as applicable) , 2022, March 31, 2023, June 30, 2023, September 30, 2023, March 31, 2024, and June 30, 2024 (collectively, the “Non-Reliance Periods”) should no longer be relied upon.”
On this news, Quanterix’s stock price fell $2.77 per share, or 18.3%, to close at $12.40 per share on November 13, 2024.
Why Rozen Law: We encourage investors to select a qualified advisor with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in choosing advice. The Rosen Law Firm represents investors worldwide, concentrating its practice in securities class actions and shareholder derivative litigation. The Rosen Law Firm secured the largest securities class action settlement ever against a Chinese company at the time. The Rosen Law Firm was ranked No. 1 by ISS Securities Class action (WA:) Services for the Number of Settlements of Securities Class Actions in 2017. The firm has been ranked in the top 4 every year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Lawrence Rosen was named a Titan of the Plaintiffs Bar by law360. Many of the firm’s attorneys are accredited by LawDragon and Super Lawyers.
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