Friday, 11 April 2025 12:00 PM
Class Action
PHILADELPHIA, PA / ACCESS Newswire / April 11, 2025 / Kehoe Law Firm, P.C. is investigating potential securities fraud claims on behalf of investors of TechTarget, Inc. ("TechTarget") (NASDAQ:TTGT).
In a March 31, 2025 "Notification of Late Filing," TechTarget reported that it was unable to timely file its Annual Report on Form 10-K and ". . . is taking the extension period to further evaluate technical accounting matters arising while preparing its financial statements for the fiscal year ended December 31, 2024 . . . includ[ing] undertaking a technical assessment of the goodwill of the Industry Dive business, which was acquired in 2022."
TechTarget also reported that it ". . . expects to record a pre-tax non-cash goodwill impairment charge related to the business in the range of approximately $70m to $110m in the year ended December 31, 2024."
Following this news, TechTarget's stock price fell from $14.81 per share on March 31, 2025 to $12.76 per share at the market's close on April 1, 2025.
TechTarget investors are encouraged to complete Kehoe Law Firm's Stockholder Information Request Form or send us a message to contact an attorney to learn more about the securities investigation and receive a free, no-obligation legal evaluation of potential claims.
For direct inquiries, TechTarget shareholders should contact Michael Yarnoff, Esq., (215) 792-6676, Ext. 804, [email protected], [email protected].
Additional information can be obtained at https://kehoelawfirm.com/techtarget-stock-ttgt/.
ABOUT KEHOE LAW FIRM, P.C.
Kehoe Law Firm, P.C. is a nationally recognized, plaintiff-side class action firm dedicated to protecting investors and consumers from fraud and misconduct. Our attorneys have served as Lead or Co-Lead Counsel in major securities cases, recovering over $10 billion for institutional and individual investors.
Our firm litigates securities fraud, fiduciary breaches, unfair mergers and acquisitions, and antitrust violations, while also representing whistleblowers and advocating for victims of data breaches, consumer fraud, vehicle and product defects, employment law violations, retirement plan mismanagement, and other corporate and business misconduct. With a results-driven approach, we pursue justice and substantial recoveries for those we represent.
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SOURCE: Kehoe Law Firm, P.C.