SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Tufin Software Technologies Ltd. of a Class Action Lawsuit

NEW YORK, NY / ACCESSWIRE / March 10, 2020 / The following statement is being issued by Levi & Korsinsky, LLP:

To: All persons or entities who purchased or otherwise acquired securities of Tufin Software Technologies Ltd. ("Tufin") (NYSE:TUFN) pursuant and/or traceable to the Company's initial public offering conducted on or about April 11, 2019. You are hereby notified that a securities class action lawsuit has been commenced. To get more information go to: https://www.zlk.com/pslra-1/tufin-software-technologies-ltd-loss-form?wire=1 or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The complaint alleges that the Registration Statement omitted material information regarding the Company's business prospects and financial health. Specifically, Tufin failed to disclose that: (i) its customer relationships and growth metrics were overstated, particularly with respect to North America; (ii) its business was deteriorating, primarily in North America; (iii) as a result, its representations regarding its sustainable financial prospects were overly optimistic; and (iv) as a result, the documents issued in connection with the Company's initial public offering were materially false and/or misleading and failed to state information required to be stated therein.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Toll-Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

ReleaseID: 580065