Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, Nov. 13, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Quanterix Corporation (“Quanterix” or “the Company”) ( QTRX) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. Quanterix investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: [email protected], to discuss their legal rights, or click here to join the case. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
On November 12, 2024, after the market closed, Quanterix announced that it had “identified an error regarding the capitalization of labor and overhead costs applied to prior periods, dating back to at least 2021,” which had affected the valuation of its inventory. As a result, the company stated that the financial statements reflecting these errors should no longer be relied upon.
In response to this disclosure, Quanterix’s stock price dropped by $2.77, or 18.3%, closing at $12.40 per share on November 13, 2024, resulting in significant losses for investors.
Please visit our website to review more information and submit your transaction information.
The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA, NY and TX Bars
[email protected]
310-692-8883
www.portnoylaw.com
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