TechTarget(US:TTGT) Prnewswireยท2025-05-28 18:04Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of TechTarget, Inc. due to allegations of materially misleading business information issued by the company [1]. Group 1: Legal Action and Investor Rights - Shareholders who purchased TechTarget securities may be entitled to compensation through a class action lawsuit without any out-of-pocket fees [2]. - The Rosen Law Firm is preparing a class action to seek recovery of investor losses related to TechTarget [2]. Group 2: Financial Reporting Issues - TechTarget filed a current report on Form 8-K on April 18, 2025, indicating that certain previously filed financial statements should no longer be relied upon due to accounting errors [3]. - The report disclosed material errors related to goodwill impairment, changes in contingent consideration, and amortization of intangibles, including tax impacts [3]. - Following this announcement, TechTarget's stock experienced a decline of 12.7% on April 21, 2025 [3]. Group 3: Rosen Law Firm's Credentials - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. - The firm has achieved significant settlements for investors, including over $438 million in 2019 and has been ranked highly in securities class action settlements since 2013 [4].