Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Varonis Systems, Inc. due to allegations of misleading statements and failure to disclose material facts regarding the company's performance and customer retention capabilities [2][4]. Group 1: Legal Investigation and Claims - The law firm is encouraging investors who suffered losses in Varonis between February 4, 2025, and October 28, 2025, to discuss their legal options [1]. - A federal securities class action has been filed against Varonis, with a deadline of March 9, 2026, for investors to seek the role of lead plaintiff [2]. - The complaint alleges that Varonis and its executives made false statements that misled investors about the company's ability to convert its customer base to a SaaS model, leading to inflated stock prices [4]. Group 2: Financial Performance and Stock Impact - On October 28, 2025, Varonis reported third-quarter financial results that significantly missed expectations for Annual Recurring Revenue (ARR) and lowered its full-year guidance, attributing this to weaker renewals and conversions in its subscription business [5]. - Following the announcement, Varonis' stock price plummeted from $63.00 per share to $32.34 per share on October 29, 2025, marking a decline of approximately 48.67% in just one day [6].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased common stock of Varonis Systems, Inc. during the specified class period of the upcoming lead plaintiff deadline for a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Varonis common stock between February 4, 2025, and October 28, 2025, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by March 9, 2026 [3]. - Investors can join the class action by visiting the provided link or contacting the law firm directly for more information [6]. Group 2: Case Background - The lawsuit alleges that Varonis made materially false and misleading statements regarding its ability to maintain Annual Recurring Revenue (ARR) projections while transitioning customers to a software-as-a-service (SaaS) model [5]. - It is claimed that Varonis was not adequately prepared to convince existing users of the benefits of the SaaS offering, leading to reduced ARR growth potential [5]. - The lawsuit asserts that the misleading statements about Varonis' business operations and prospects resulted in investor damages when the true situation became known [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. - The firm has achieved significant settlements in the past, including the largest securities class action settlement against a Chinese company at the time and has consistently ranked highly in securities class action settlements [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering funds for clients [4].

Core Viewpoint - Varonis Systems, Inc. is facing a federal securities class action due to allegations of misleading statements and failure to disclose critical information regarding its business performance, particularly in relation to its ability to convert existing customers to its SaaS offerings [5][6]. Group 1: Legal Action and Investor Impact - Faruqi & Faruqi, LLP is investigating potential claims against Varonis and has set a deadline of March 9, 2026, for investors to seek the role of lead plaintiff in the class action [3]. - Investors who suffered losses exceeding $100,000 in Varonis between February 4, 2025, and October 28, 2025, are encouraged to contact the firm to discuss their legal rights [1][3]. - Following the announcement of disappointing financial results, Varonis' stock price plummeted from $63.00 per share on October 28, 2025, to $32.34 per share on October 29, 2025, marking a decline of approximately 48.67% in one day [7]. Group 2: Financial Performance and Company Actions - On October 28, 2025, Varonis reported a significant miss in Annual Recurring Revenue (ARR) and lowered its full-year guidance due to weaker-than-expected renewals and conversions in its subscription business [6]. - The company announced the end of life for its self-hosted solution and a 5% reduction in headcount as part of its response to the financial challenges [6].

Core Viewpoint - Varonis Systems, Inc. is facing a class action lawsuit due to allegations of misleading statements regarding its ability to maintain annual recurring revenue (ARR) projections while transitioning customers to a software-as-a-service (SaaS) model [5]. Group 1: Class Action Details - The class action pertains to purchasers of Varonis common stock between February 4, 2025, and October 28, 2025, with a lead plaintiff deadline set for March 9, 2026 [1]. - Investors who purchased Varonis stock during the specified period may be eligible for compensation without incurring out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by contacting the Rosen Law Firm [3][6]. Group 2: Allegations Against Varonis - The lawsuit claims that Varonis made materially false and misleading statements regarding its ability to maintain ARR projections while converting existing on-premises customers to a SaaS model [5]. - It is alleged that Varonis was not adequately prepared to convince existing users of the benefits of the SaaS offering, leading to reduced ARR growth potential [5]. - The misleading statements about Varonis' business operations and prospects resulted in investor damages when the true situation became known [5]. Group 3: Rosen Law Firm's Credentials - The Rosen Law Firm specializes in securities class actions and has a strong track record, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4]. - In 2019, the firm secured over $438 million for investors, showcasing its effectiveness in representing investor interests [4].

Core Viewpoint - Varonis Systems, Inc. is facing a class action lawsuit due to allegations of misleading investors about its revenue outlook and growth potential, leading to significant stock price decline after disappointing financial results [1]. Group 1: Class Action Lawsuit Details - The class action lawsuit is titled Molchanov v. Varonis Systems, Inc., and it involves investors who purchased Varonis common stock between February 4, 2025, and October 28, 2025 [1]. - The lawsuit claims that Varonis and its executives violated the Securities Exchange Act of 1934 by providing false information regarding the company's revenue projections and growth while downplaying risks associated with seasonality and macroeconomic factors [1]. - On October 28, 2025, Varonis reported third-quarter results that significantly missed prior projections, leading to a nearly 49% drop in stock price [1]. Group 2: Allegations Against Varonis - The complaint alleges that Varonis misrepresented its ability to maintain annual recurring revenue growth and the effectiveness of its sales team in converting existing clients to its SaaS offerings [1]. - CEO Yakov Faitelson attributed the revenue shortfall to lower renewals in both Federal and non-Federal subscription businesses during the final weeks of the quarter [1]. Group 3: Lead Plaintiff Process - The Private Securities Litigation Reform Act of 1995 allows any investor who acquired Varonis common stock during the class period to seek appointment as lead plaintiff in the lawsuit [1]. - The lead plaintiff represents the interests of all class members and can choose a law firm to litigate the case [1]. - Participation as a lead plaintiff does not affect an investor's ability to share in any potential recovery from the lawsuit [1]. Group 4: About Robbins Geller - Robbins Geller Rudman & Dowd LLP is a leading firm in complex class action litigation, having recovered over $916 million for investors in 2025 alone [1]. - The firm has a strong track record, recovering $8.4 billion for investors over the past five years, including the largest securities class action recovery in history [1].

Core Viewpoint - Varonis Systems, Inc. (NASDAQ: VRNS) is facing a class action lawsuit due to allegations of misleading statements regarding its ability to maintain annual recurring revenue (ARR) projections while transitioning customers to a software-as-a-service (SaaS) model [1] Group 1: Lawsuit Details - The class action lawsuit pertains to investors who purchased Varonis common stock between February 4, 2025, and October 28, 2025 [1] - Allegations include that Varonis was unable to maintain ARR projections and failed to effectively convert existing on-premises customers to the SaaS offering, leading to reduced growth potential [1] - The lawsuit claims that the defendants' positive statements about Varonis' business and prospects were materially misleading [1] Group 2: Legal Representation - Rosen Law Firm is encouraging affected investors to join the class action, highlighting its experience and success in securities class actions [1] - Investors can join the class action without any out-of-pocket fees through a contingency fee arrangement [1] - A lead plaintiff must be appointed by March 9, 2026, to represent the interests of the class [1]

Core Viewpoint - A securities class action lawsuit has been filed against Varonis Systems, Inc. and its executives, with a lead plaintiff deadline approaching on March 9, 2026, focusing on allegations of concealed issues in the company's transition to a Software-as-a-Service (SaaS) model [1][4]. Group 1: Allegations and Lawsuit Details - The lawsuit claims that Varonis executives failed to disclose significant renewal challenges in its Federal vertical and legacy on-premises business while promoting a smooth transition to SaaS [2][5]. - Following a disclosure on October 28, 2025, regarding difficulties in converting existing customers to the SaaS model, Varonis reported a 63.9% year-over-year decline in term license revenue and reduced its Annual Recurring Revenue (ARR) outlook, leading to a 48% drop in stock price, equating to a loss of approximately $3.8 billion in market value [3][9]. Group 2: Company Performance and Market Reaction - The lawsuit highlights a discrepancy between Varonis's optimistic statements about its SaaS transition and the actual struggles faced in its Federal renewal cycle and on-premises subscription business [5][9]. - After the Q3 performance miss, Varonis significantly reduced its Q4 revenue and full-year ARR guidance, which contributed to the sharp decline in stock value from $63.00 to $32.34 in a single day [9].

The Gross Law Firm Reminds Varonis Systems, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of March 9, 2026 - VRNS [Accessibility Statement] Skip NavigationNEW YORK, Feb. 12, 2026 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Varonis Systems, Inc. (NASDAQ: VRNS).Shareholders who purchased shares of VRNS during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead pla ...

Were you affected by investment losses in VRNS common stock between February 4, 2025, and October 28, 2025? Affected Investor Losses Summary Varonis Systems, Inc. securities class action filedPurchasers or acquirers of Varonis Systems, Inc. (NASDAQ: VRNS) common stockSeeking recovery of investment losses for material misstatements and/or omissions (as alleged) from February 4, 2025 through October 28, 2025Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) can assist at no cost to investor RADNOR, Pa., Feb. 1 ...

Core Viewpoint - Varonis Systems, Inc. is facing a federal securities class action lawsuit due to allegations of misleading statements regarding its ability to convert its customer base and maintain growth, leading to significant stock price declines [1] Group 1: Legal Action and Allegations - Faruqi & Faruqi, LLP is investigating potential claims against Varonis Systems and has set a deadline of March 9, 2026, for investors to seek the role of lead plaintiff in the class action [1] - The complaint alleges that Varonis and its executives violated federal securities laws by making false statements and failing to disclose material adverse facts about the company's performance and customer retention capabilities [1] - The lawsuit claims that misleading statements led to investors purchasing Varonis' securities at artificially inflated prices [1] Group 2: Financial Performance and Impact - On October 28, 2025, Varonis reported third-quarter financial results that significantly missed annual recurring revenue (ARR) expectations and lowered its full-year guidance, attributing this to weaker than expected renewals and conversions [1] - Following the announcement, Varonis' stock price plummeted from $63.00 per share to $32.34 per share, marking a decline of approximately 48.67% in just one day [1] - The company also announced the end of life for its self-hosted solution and a 5% reduction in headcount as part of its restructuring efforts [1]