November 06, 2023
Attorneys for a group of investors suing an Israeli internet security company have asked a New York federal judge to grant $666,666 in attorney fees for their work in securing a $2 million settlement that will resolve claims that the company mischaracterized its business prospects in the run-up to its $108 million initial public offering in 2019.
July 13, 2023
Israeli cybersecurity outfit Tufin Software Technologies Ltd. has reached a $2 million agreement to settle investor claims that it mischaracterized its business prospects in the lead-up to its $108 million initial public offering in 2019.
March 01, 2022
Israeli cybersecurity outfit Tufin and some of its former leaders must face a trimmed shareholder suit alleging they overstated business prospects ahead of the company's $108 million initial public offering in 2019, leading to a stock price plunge when Tufin underperformed, a New York federal judge has ruled.