Quanterix Corporation Investigation Ongoing: Contact Levi & Korsinsky About Potential Securities Fraud Allegations - QTRX
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Levi & Korsinsky has initiated an investigation into Quanterix Corporation for potential securities fraud. The company disclosed an error in the capitalization of labor and overhead costs affecting inventory valuation since 2021.
November 18, 2024 | 12:45 pm
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Quanterix Corporation is under investigation for potential securities fraud due to errors in cost capitalization affecting inventory valuation since 2021.
The investigation into Quanterix for potential securities fraud is likely to negatively impact its stock price in the short term. The disclosure of errors in financial reporting can lead to investor distrust and potential legal consequences, which typically result in a decline in stock value.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100