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Bragar Eagel & Squire, P.C. Is Investigating TechTarget and Aldeyra and Encourages Investors to Contact the Firm
TTGTTechTarget(TTGT) GlobeNewswire News Room·2025-04-22 01:00

Core Insights - Bragar Eagel & Squire, P.C. is investigating potential claims against TechTarget, Inc. and Aldeyra Therapeutics, Inc. for possible violations of federal securities laws and unlawful business practices [1] TechTarget, Inc. (NASDAQ:TTGT) - On December 6, 2024, TechTarget announced that its previous financial statements were being restated due to identified errors, leading to a share price decline from 25.54to25.54 to 23.48, a drop of 2.09pershare[2]OnMarch31,2025,TechTargetdiscloseditwouldbeunabletotimelyfileits2024AnnualReport,indicatingapotentialpretaxnoncashgoodwillimpairmentchargeofapproximately2.09 per share [2] - On March 31, 2025, TechTarget disclosed it would be unable to timely file its 2024 Annual Report, indicating a potential pre-tax non-cash goodwill impairment charge of approximately 70 million to 110millionforthefiscalyear,resultinginasharepricedropfrom110 million for the fiscal year, resulting in a share price drop from 14.81 to 12.76,adeclineof12.76, a decline of 2.05 per share [3] Aldeyra Therapeutics, Inc. (NASDAQ:ALDX) - On April 3, 2025, Aldeyra received a Complete Response Letter from the FDA regarding its New Drug Application for reproxalap, stating that the application failed to demonstrate efficacy in adequate studies, which led to a sharp decline in stock price during intraday trading [4]