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Quanterix Corporation (NASDAQ: QTRX)

Case Details

Join The Class Action

This investigation is for anyone who acquired securities in Quanterix Corporation (NASDAQ: QTRX) prior to November 13, 2024.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by telling investors that the Company had in place sufficient financial controls to prevent improper accounting when the Company lacked such controls.

On November 12, 2024, after market hours, Quanterix disclosed that it had “identified an 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” and that the affected financial statements should no longer be relied upon. On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Quanterix Corporation (NASDAQ: QTRX) prior to November 13, 2024 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.