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The filed complaint alleges that Quanterix Corporation made materially false and/or misleading statements and/or failed to disclose that: After the market closed, on November 12, 2024, Quanterix announced that it had “identified an error regarding the capitalization of labor and overhead costs applied to prior periods, dating back to at least 2021,” which had affected the valuation of its inventory. As a result, the company stated that the financial statements reflecting these errors should no longer be relied upon. Following this news, Quanterix’s stock price fell over 18% on November 13, 2024.
In order to be eligible to join the QTRX class action lawsuit, you must have incurred a loss on shares of Quanterix Corporation purchased during the class period listed above.
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