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SHAREHOLDER ALERT: Investigation of Quanterix Corporation (QTRX) Announced by Holzer & Holzer, LLC
QTRXQuanterix(QTRX) GlobeNewswire News Room·2024-11-15 15:27

Core Insights - Holzer & Holzer, LLC is investigating Quanterix Corporation for potential violations of federal securities laws following the company's announcement of a need to restate financial statements due to errors in capitalizing labor and overhead costs [1] - The restatement affects financial periods dating back to at least 2021 and has implications for the valuation of inventory [1] - Following the announcement, Quanterix's stock price experienced a decline [1] Company Overview - Quanterix Corporation trades on NASDAQ under the ticker QTRX [1] - The company is facing scrutiny due to its financial reporting practices, which may have misrepresented its financial health [1] Legal Context - Holzer & Holzer, LLC is a law firm specializing in securities litigation, representing shareholders and investors in cases of corporate misconduct [3] - The firm has a history of recovering significant amounts for shareholders affected by fraud [3]