Core Viewpoint - Quanterix Corporation is facing potential securities claims due to a significant error in the capitalization of labor and overhead costs, which has adversely affected its financial statements and led to a 19% drop in stock value [2]. Group 1: Company Overview - Quanterix Corporation (NASDAQ: QTRX) is under investigation by Girard Sharp, LLP for potential securities claims on behalf of its investors [1]. - The company announced on November 12, 2024, that it discovered an error in the capitalization of labor and overhead costs dating back to at least 2021, impacting the validity of its financial statements [2]. Group 2: Financial Impact - The error in financial reporting has significantly impacted the value of Quanterix's inventory, raising concerns about the reliability of its financial statements [2]. - Following the announcement of the error, Quanterix's stock price dropped by 19% [2]. Group 3: Legal Representation - Girard Sharp, LLP has a history of representing investors in class actions and complex litigation, including a recent $36.5 million securities settlement against Maxar Technologies [4]. - The firm has been recognized for its work in securities and class action litigation, earning top-tier rankings and accolades [4].
INVESTIGATION NOTICE: Girard Sharp Law Firm Encourages Qaunterix Corporation (NASDAQ: QTRX) Investors with Losses to Contact the Firm