Varonis(VRNS)
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VRNS DEADLINE: ROSEN, A LEADING LAW FIRM, Encourages Varonis Systems, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - VRNS
TMX Newsfile· 2026-02-17 00:15
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]. 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 a significant reduction in near-term ARR growth potential [5]. - The lawsuit asserts that the misleading statements about Varonis' business 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, highlighting its own achievements in recovering hundreds of millions for investors [4]. - The firm has been recognized for its performance in securities class action settlements, including being ranked No. 1 for the number of settlements in 2017 and consistently in the top 4 since 2013 [4].
VRNS Deadline Approaching on March 9, 2026: Kessler Topaz Meltzer & Check, LLP Reminds Varonis Systems, Inc. (VRNS) Investors of Class Action Lawsuit Deadline
Prnewswire· 2026-02-17 00:07
Core Points - A securities class action lawsuit has been filed against Varonis Systems, Inc. (NASDAQ: VRNS) for alleged material misstatements and omissions during the class period from February 4, 2025, to October 28, 2025 [1] - The lead plaintiff deadline for affected investors is March 9, 2026, and the lawsuit seeks recovery of investment losses [1] - Allegations include that Varonis was not adequately prepared to sustain its Annual Recurring Revenue (ARR) growth without maintaining a high rate of quarterly conversions, leading to misleading statements about the company's business and prospects [1] Company Information - Varonis Systems, Inc. is a company whose securities are involved in the class action lawsuit, indicating potential issues with its financial disclosures and operational performance during the specified period [1] - The law firm Kessler Topaz Meltzer & Check, LLP is representing the investors in this class action, highlighting its focus on securities-fraud cases and investor protection [1]
VRNS DEADLINE: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Varonis Systems, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – VRNS
Globenewswire· 2026-02-16 21:28
Core Viewpoint - Rosen Law Firm is reminding purchasers of Varonis Systems, Inc. common stock of the upcoming lead plaintiff deadline for a class action lawsuit related to misleading statements made by the company during a specified class period [1][5]. Group 1: Class Action Details - The class period for the lawsuit is from February 4, 2025, to October 28, 2025, inclusive [1]. - Investors who purchased Varonis common stock during this period may be entitled to 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]. Group 2: Allegations Against Varonis - 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 positive statements made by Varonis about its business and prospects were materially misleading and lacked a reasonable basis, resulting in investor damages when the truth was revealed [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time [4]. - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013 [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering significant amounts for its clients [4].
VRNS INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Reminds Varonis Systems (VRNS) Investors of Securities Class Action Deadline on March 9, 2026
TMX Newsfile· 2026-02-16 14:56
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].
VRNS DEADLINE: ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Varonis Systems, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - VRNS
TMX Newsfile· 2026-02-16 00:14
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].
VRNS CLASS ACTION REMINDER: Faruqi & Faruqi, LLP Reminds Varonis Systems (VRNS) Investors of Securities Class Action Deadline on March 9, 2026
Globenewswire· 2026-02-15 13:07
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Varonis To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $100,000 in Varonis between February 4, 2025 and October 28, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, Feb. 15, 2026 (GLO ...
VRNS DEADLINE: ROSEN, A LEADING LAW FIRM, Encourages Varonis Systems, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action - VRNS
TMX Newsfile· 2026-02-14 23:31
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].
INVESTOR DEADLINE: Varonis Systems, Inc. Investors with Significant Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2026-02-14 03:40
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].
VRNS Deadline: VRNS Investors Have Opportunity to Lead Varonis Systems, Inc. Securities Lawsuit
Prnewswire· 2026-02-14 00:50
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]
VRNS Federal Sector Collapse: Hagens Berman Investigating Varonis (VRNS) Over Alleged SaaS Transition Failure and Undisclosed Renewal Softness in Securities Class Action
Globenewswire· 2026-02-12 23:10
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].