Bragar Eagel & Squire Investigates TechTarget for Stockholder Rights

NEW YORK, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a prominent law firm focused on stockholder rights, is currently looking into potential claims against Informa TechTarget, often referred to as TechTarget (NASDAQ: TTGT). This investigation is particularly on behalf of stockholders of TechTarget.

The investigation revolves around whether TechTarget may have breached federal securities laws or engaged in other illegal business practices.

On December 2, 2024, TechTarget finalized its merger with Informa Tech, which is part of Informa PLC. This completion of the business combination marked a significant transition for the company.

However, just a few days later, on December 6, 2024, TechTarget publicly announced through a filing with the U.S. Securities and Exchange Commission (SEC) that management from Informa had indicated that certain financial statements previously released should no longer be trusted. This was due to errors that Informa had identified in those statements, leading to a necessary restatement of the financial records.

As a direct consequence of this news, TechTarget’s stock price experienced a notable decline, dropping over 8% on December 9, 2024.

If you are an investor who bought or otherwise acquired shares in TechTarget and experienced financial losses, or if you are a long-term stockholder and possess information related to this case, you are encouraged to reach out. Anyone wishing to learn more about these claims or having questions about their rights or interests concerning this issue can contact Brandon Walker or Marion Passmore via email at [email protected] or by phone at (212) 355-4648. You can also fill out a contact form provided by the firm. There is no charge or obligation involved.

About Bragar Eagel & Squire, P.C.:

Bragar Eagel & Squire, P.C. is a well-regarded law firm with locations in New York and California. The firm offers representation to both individual and institutional investors in various types of litigation, including commercial, securities, derivative, and other complex cases in both state and federal courts across the United States. For additional information about the firm, please visit www.bespc.com. Note that this is attorney advertising and prior results do not guarantee similar outcomes.

Contact Information:

For anyone interested in this investigation or who wants to participate, please do not hesitate to get in touch with the firm.

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