We are investigating whether the directors of Tufin Software Technologies (ticker: TUFN) (“Tufin”) acted in the best interests of Tufin shareholders in approving the sale of Tufin to Turn/River Capital (“TRC”) for $13.00 per share in cash.
If you remain a Tufin shareholder and have questions about your legal rights, please use the form below to contact our firm to discuss your options at no charge.
Why is there an investigation?
On April 6, 2022, Tufin announced an agreement for TRC to purchase all of the outstanding shares of Tufin for $13.00 per share in cash. The agreement has been approved by the Tufin board.
Our investigation concerns whether Tufin’s board acted in the best interests of Tufin shareholders in approving the sale to TRC, including whether the acquisition price adequately compensates Tufin shareholders, and whether all material information regarding the transaction has been fully disclosed.