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SAN DIEGO, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP is investigating whether Quanterix Corporation (NASDAQ: QTRX) or any of its executive officers violated securities laws by misrepresenting or failing to disclose material information to investors.
What if I purchased Quanterix securities? If you purchased securities and suffered losses on your investment, join our investigation now: https://www.johnsonfistel.com/investigations/quanterix-corporation
For more information, contact Jim Baker at jimb@johnsonfistel.com or (619) 814-4471
There is no cost or obligation to you.
What is Johnson Fistel investigating? On November 12, 2024, following the market's closure, Quanterix disclosed that it had discovered an error in the capitalization of labor and overhead costs for prior periods, dating back to at least 2021. This error impacted the valuation of its inventory. Consequently, the company advised that the financial statements containing these errors should no longer be considered reliable.
Following this news, Quanterix’s stock price fell by 18.3% closing at $12.40 per share on November 13, 2024.
About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com.
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Contact:
Johnson Fistel, LLP
501 W. Broadway, Suite 800, San Diego, CA 92101
James Baker, Investor Relations or Frank J. Johnson, Esq., (619) 814-4471
jimb@johnsonfistel.com or fjohnson@johnsonfistel.com