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Tufin Software Technologies Ltd.

Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Tufin Software Technologies Ltd. (NYSE: TUFN) resulting from allegations that Tufin may have issued materially misleading business information to the investing public.

If you purchased Tufin securities and would like to join the action, please click "Join This Class Action," above.

Press Release

EQUITY ALERT: ROSEN, NATIONAL TRIAL COUNSEL, Announces Investigation of Securities Claims Against Tufin Software Technologies Ltd. – TUFN

New York, N.Y., March 19, 2020. Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Tufin Software Technologies Ltd. (NYSE: TUFN) resulting from allegations that Tufin may have issued materially misleading business information to the investing public.

On January 9, 2020, Tufin announced its preliminary unaudited revenue and non-GAAP operating loss estimates for the fourth quarter ended December 31, 2019. Tufin announced that it expects to report total revenue in the range of $29.5 million to $30.1 million, compared to its previous guidance of total revenue in the range of $34.0 million to $38.0 million, and that Tufin now anticipates non-GAAP operating loss in the range of $1.1 million to $2.6 million, compared to the Company's previous guidance of non-GAAP operating profit in the range of $0.0 million to $3.0 million.

On this news, Tufin's stock price fell $4.14 per share, or over 24%, to close at $13.08 on January 9, 2020.

Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Tufin investors. If you purchased shares of Tufin please visit the firm’s website at http://www.rosenlegal.com/cases-register-1801.html to join the class action. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or cases@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has secured hundreds of millions of dollars for investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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Contact Information:

      Laurence Rosen, Esq.
      Phillip Kim, Esq.
      The Rosen Law Firm, P.A.
      275 Madison Avenue, 40th Floor
      New York, NY 10016
      Tel: (212) 686-1060
      Toll Free: (866) 767-3653
      Fax: (212) 202-3827
      lrosen@rosenlegal.com
      pkim@rosenlegal.com
      cases@rosenlegal.com
      www.rosenlegal.com