NEW YORK – ( NewMediaWire ) – November 18, 2024 – Kaplan Fox & Kilsheimer LLP is investigating potential securities violations against Quanterix Corp (“Quanterix” or the “Company”) (NASDAQ: QTRX).
If you are a Quanterix investor and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.
On November 12, 2024, after markets closed, Quanterix disclosed that it had “identified an accounting error related to the capitalization of labor and overhead costs applied to prior periods going back to at least 2021, which impacted the valuation of inventory.” Further the Company stated that “[t]he cumulative effect of this error . . . resulted in the need for material adjustments to previously issued financial statements” and “that it is appropriate to restate” certain financial statements, including the Company’s previously issued financial statements for each of the three years in the period ended December 31, 2023.
Following this news, the price of Quanterix stock price fell $2.77 per share, over 18%, to close at $12.40 per share on November 13, 2024.
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If you have any questions about this investigation, please contact:
Pamela A. Mayer
KAPLAN FOX & KILSHEIMER LLP
800 Third Avenue, 38th Floor
800 Third Avenue, 38th Floor
New York, New York 10022
(646) 315-9003
[email protected]
Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Street, Suite 1560
1999 Harrison Street, Suite 1560
Oakland, California 94612
(415) 772-4704
[email protected]
