NEW YORK CITY, NY / ACCESS Newswire / April 11, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of TechTarget, Inc. ("TechTarget" or "the Company") (NASDAQ:TTGT). Investors who purchased TechTarget securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/TTGT.

Investigation Details

On December 6, 2024, TechTarget disclosed that its previous financial statements "should no longer be relied upon and were being restated" because of certain "errors" that had been identified. These financial statements included those filed with the Company's Registration Statement and related to the "Informa Tech Digital Businesses of Informa PLC." Following this news, TechTarget stock dropped. Then, on March 31, 2025, TechTarget disclosed that it could not file its 2024 Annual Report timely, citing the need to "further evaluate technical accounting matters," related to its combination with the "Informa Tech Digital Businesses." The Company disclosed that "[b]ased on preliminary information," it "expects to record a pre-tax non-cash goodwill impairment charge related to the business in the range of approximately $70m to $110m" for the 2024 fiscal year. Following this news, TechTarget stock dropped again, thereby damaging investors.

What's Next?

If you are aware of any facts relating to this investigation or purchased TechTarget securities, you can assist this investigation by visiting the firm's site: bgandg.com/TTGT. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660

There is No Cost to You

We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.

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Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.

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Contact

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC

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