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TechTarget, Inc. (TTGT) Investors Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation

By: Law Offices of Howard G. Smith via Business Wire
April 22, 2025 at 09:00 AM EDT

Law Offices of Howard G. Smith continues its investigation on behalf of TechTarget, Inc. (“TechTarget” or the “Company”) (NASDAQ: TTGT) investors concerning the Company’s possible violations of federal securities laws.

IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN TECHTARGET, INC. (TTGT), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.

Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@howardsmithlaw.com, by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.

What Happened?

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” which 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.”

On this news, TechTarget’s stock price fell $2.74, or 10.7%, over two consecutive trading days to close at $22.80 per share on December 10, 2024, thereby injuring investors.

Then, on March 31, 2025, TechTarget disclosed that it would be unable to timely file its 2024 Annual Report. The Company revealed it needed to “further evaluate technical accounting matters,” related to its combination with the “Informa Tech Digital Businesses.” The Company disclosed “[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.

On this news, TechTarget’s stock price fell $2.05, or 13.8%, to close at $12.76 per share on April 1, 2025.

Then, on April 18, 2025, TechTarget announced that it received deficiency notification letter from Nasdaq, indicating that the company was not in compliance with Nasdaq Listing Rule as a result of its failure to timely file its Annual Report on Form 10-K for the year ended December 31, 2024.

On this news, TechTarget’s stock price fell $1.04, or 12.8%, to close at $7.12 per share on April 21, 2025, thereby injuring investors further.

Contact Us To Participate or Learn More:

If you purchased TechTarget securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:

Law Offices of Howard G. Smith,

3070 Bristol Pike, Suite 112,

Bensalem, Pennsylvania 19020,

Telephone: (215) 638-4847

Email: howardsmith@howardsmithlaw.com

Visit our website at: www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250422723396/en/

Contacts

Law Offices of Howard G. Smith

Howard G. Smith, Esquire

215-638-4847

howardsmith@howardsmithlaw.com

www.howardsmithlaw.com

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