On April 11, 2019, Tufin filed a prospectus for the company’s initial public offering, and touted to investors the strong growth in its customer base and overall revenues, specifically increases in its North American market.
The complaint alleges that defendants misled investors regarding the seasonality of its business, and that the company’s revenues predictions in its IPO materials were overly aggressive.
Tufin Software Technologies Ltd.
Investors who purchased the Company’s securities between April 11, 2019 and April 6, 2020, inclusive (the ”Class Period”), are encouraged to contact the firm before June 5, 2020.
If you are a shareholder who suffered a loss, please submit your contact information and purchase information to participate in the putative class action.
We also encourage you to contact Lesley F. Portnoy of The Portnoy Law Firm, at 310.692.8883, to discuss your rights free of charge. You can also reach us through the firm’s website at www.portnoylaw.com, or by email at email@example.com.
If you choose to take no action, you can remain an absent class member.
Joining the case through the Portnoy Law website enables investors to learn about their legal claims and take an active role in recovering their losses.
The Portnoy Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
Portnoy Law Firm
Lesley F. Portnoy, Esq.,
8240 Beverly Blvd., Suite 9
Los Angeles, CA 90048