GlobeNewswire Inc | Jul 27, 2020 01:38PM EDT

July 27, 2020

Click here to join the case

LOS ANGELES, July 27, 2020 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises investors that a class action lawsuit has been filed on behalf of Guidewire Software, Inc. ("Guidewire Software" or "the Company") (NYSE: GWRE) investors that acquired securities betweenMarch 6, 2019 and March 4, 2020.

Investors are encouraged to contact attorney Lesley F. Portnoy, to determine eligibility to participate in this action, by phone 310-692-8883 or email, or click here to join the case.

The lawsuit filed on behalf of investors alleges that Guidewire Software through its executives misled investors concerning the demand for Guidewire's cloud products. Importantly the complaint alleges that demand for the Companys cloud products was weak and the Company's transition to the cloud was not going well because Guidewire's cloud-based products needed to be significantly improved to meet customer needs and catch-up with rival systems.

Please visit our website to review more information and submit your transaction information.

The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firms founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.

Lesley F. Portnoy, Esq.Admitted CA and NY Barlesley@portnoylaw.com310-692-8883www.portnoylaw.com

Attorney Advertising