Securities Fraud Investigation Into TechTarget, Inc. (TTGT) Continues – Investors Who Lost Money Urged to Contact The Law Offices of Frank R. Cruz

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz continues its investigation of TechTarget, Inc. (“TechTarget” or the “Company”) (NASDAQ: TTGT) on behalf of investors concerning the Company’s possible violations of federal securities laws.

IF YOU ARE AN INVESTOR WHO LOST MONEY ON TECHTARGET, INC. (TTGT), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.

What Is the Investigation About?

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:

The Law Offices of Frank R. Cruz
2121 Avenue of the Stars, Suite 800
Century City, California 90067
Call us at: 310-914-5007
Email us at: [e-mail]
Visit our website at: www.frankcruzlaw.com.
Follow us for updates on Twitter at twitter.com/FRC_LAW.

If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.

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