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VRNS Investor Alert: A Securities Fraud Class Action Lawsuit Has Been Filed Against Varonis Systems, Inc. (VRNS) - Contact Kessler Topaz Meltzer & Check, LLP
Globenewswire· 2026-01-14 23:44
Core Viewpoint - A securities class action lawsuit has been filed against Varonis Systems, Inc. for alleged material misstatements and omissions during the class period from February 4, 2025, to October 28, 2025, affecting investors who purchased or acquired Varonis common stock [1][6]. Group 1: Allegations and Class Period - The lawsuit claims that Varonis was not adequately prepared to sustain its Annual Recurring Revenue (ARR) growth without maintaining a high rate of quarterly conversions [2]. - Defendants allegedly made misleading statements regarding the company's business operations and prospects, which lacked a reasonable basis [2]. - The class period for the lawsuit is defined as February 4, 2025, to October 28, 2025 [6]. Group 2: Legal Process and Representation - Investors affected by the alleged misstatements can seek to be appointed as lead plaintiffs by March 9, 2026, through Kessler Topaz Meltzer & Check, LLP or other counsel [3]. - A lead plaintiff represents the interests of all class members and selects counsel to direct the litigation [3]. - Investors can choose to remain absent from the class while still being eligible for any recovery [3]. Group 3: Law Firm Background - Kessler Topaz Meltzer & Check, LLP is a prominent U.S. law firm specializing in securities-fraud class actions and investor protection [5]. - The firm has a history of leading significant recoveries in securities litigation and has received multiple accolades for its work [5]. - KTMC operates globally with offices in Pennsylvania and California, representing both individual and institutional investors [5].
VRNS INVESTOR DEADLINE: Varonis Systems, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
TMX Newsfile· 2026-01-14 21:05
Core Viewpoint - The Varonis Systems, Inc. is facing a class action lawsuit alleging violations of the Securities Exchange Act of 1934, with claims that the company misrepresented its revenue outlook and growth potential, leading to significant stock price declines [1][3][4]. Group 1: Class Action Details - The class action lawsuit is titled Molchanov v. Varonis Systems, Inc., and it involves purchasers of Varonis common stock between February 4, 2025, and October 28, 2025 [1]. - Investors have until March 9, 2026, to seek appointment as lead plaintiff in the lawsuit [1]. - The lawsuit alleges that Varonis and its executives created a false impression of the company's financial health and growth prospects [3]. Group 2: Allegations and Financial Impact - The lawsuit claims that Varonis's optimistic reports on growth and cost-cutting measures were misleading, as the company struggled to maintain its annual recurring revenue growth without high quarterly conversions [3]. - On October 28, 2025, Varonis reported third-quarter results that significantly missed projections, leading to a lowered full-year guidance [4]. - Following the release of disappointing results, Varonis's stock price fell nearly 49% [4]. Group 3: Legal Process and Firm Background - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Varonis common stock during the class period to seek lead plaintiff status [5]. - Robbins Geller Rudman & Dowd LLP is a leading law firm representing investors in securities fraud cases, having recovered over $2.5 billion for investors in 2024 alone [6].
Deadline Alert: Varonis Systems, Inc. (VRNS) Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
Globenewswire· 2026-01-14 17:00
LOS ANGELES, Jan. 14, 2026 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP reminds investors of the upcoming March 9, 2026 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Varonis Systems, Inc. (“Varonis” or the “Company”) (NASDAQ: VRNS) common stock between February 4, 2025 and October 28, 2025, inclusive (the “Class Period”). IF YOU SUFFERED A LOSS ON YOUR VARONIS INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAI ...
INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Varonis Systems
Globenewswire· 2026-01-14 15:29
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, which led to significant financial losses for investors [4][6]. 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 [4]. - The complaint alleges that Varonis and its executives violated federal securities laws by making false and misleading statements about the company's ability to convert its customer base to a SaaS model, which resulted in artificially inflated stock prices [6]. 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 than expected renewals and conversions [7]. - 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 [8].
Berger Montague PC Investigating Claims on Behalf of Varonis Systems, Inc. (VRNS) Investors After Class Action Filing
TMX Newsfile· 2026-01-14 15:06
Philadelphia, Pennsylvania--(Newsfile Corp. - January 14, 2026) - National plaintiffs' law firm Berger Montague PC announces that a class action lawsuit has been filed against Varonis Systems, Inc. (NASDAQ: VRNS) ("Varonis" or the "Company") on behalf of investors who purchased or otherwise acquired Varonis securities during the period of February 4, 2025 through October 28, 2025 (the "Class Period").Investor Deadline: Investors who purchased Varonis securities during the Class Period may, no later than Ma ...
Investors who lost money on Varonis Systems, Inc.(VRNS) should contact Levi & Korsinsky about pending Class Action - VRNS
Prnewswire· 2026-01-14 14:00
Core Viewpoint - Varonis Systems, Inc. is facing a class action securities lawsuit due to alleged securities fraud that negatively impacted investors between February 4, 2025, and October 28, 2025 [1] Group 1: Lawsuit Details - The lawsuit claims that Varonis provided overly positive statements while concealing material adverse facts about its ability to convert its customer base to a SaaS model, leading to reduced annual recurring revenue (ARR) growth potential [2] - On October 28, 2025, Varonis reported third-quarter financial results that significantly missed ARR expectations and lowered its full-year guidance, attributing this to weaker-than-expected renewals and conversions in its subscription business [2] - 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 one day [2] Group 2: Next Steps for Investors - Investors who suffered losses during the relevant timeframe have until March 9, 2026, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4]
ROSEN, SKILLED INVESTOR COUNSEL, Encourages Varonis Systems, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action –VRNS
Globenewswire· 2026-01-13 23:42
NEW YORK, Jan. 13, 2026 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of securities of Varonis Systems, Inc. (NASDAQ: VRNS) common stock between February 4, 2025 and October 28, 2025, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 9, 2026. SO WHAT: If you purchased Varonis securities during the C ...
SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Varonis Systems
TMX Newsfile· 2026-01-13 21:39
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 growth potential [2][5]. Company Performance - Varonis reported a significant miss in Annual Recurring Revenue (ARR) for Q3 2025 and reduced its full-year guidance, attributing this 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 restructuring efforts [6]. Stock Market Reaction - 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 just one day [7]. Legal Proceedings - 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][8]. - The complaint alleges that Varonis and its executives made false and misleading statements that led to shareholders purchasing securities at artificially inflated prices [5].
VARONIS SYSTEMS, INC. (NASDAQ: VRNS) INVESTOR ALERT: Investors With Large Losses in Varonis Systems, Inc. Should Contact Bernstein Liebhard LLP To Discuss Their Rights
Globenewswire· 2026-01-13 19:20
Core Viewpoint - A shareholder has filed a securities class action lawsuit against Varonis Systems, Inc. for alleged misrepresentations regarding the company's ability to convert its customer base to its SaaS offering, which has impacted its annual recurring revenue growth potential [1][3]. Group 1: Lawsuit Details - The lawsuit represents investors who purchased Varonis common stock between February 4, 2025, and October 28, 2025 [1]. - Defendants are accused of misrepresenting Varonis' capability to convince existing users to transition to its SaaS platform, leading to reduced growth potential in annual recurring revenue [3]. Group 2: Legal Process - Interested parties wishing to serve as lead plaintiff must file papers by March 9, 2026, with the role involving representation of other class members in the litigation [4]. - Participation as a lead plaintiff is not required to share in any potential recovery from the lawsuit, and all representation is on a contingency fee basis, meaning shareholders incur no fees or expenses [4]. Group 3: Firm Background - Bernstein Liebhard LLP has recovered over $3.5 billion for clients since 1993 and has represented both individual investors and large public and private pension funds [5]. - The firm has been recognized for its success in litigating class actions, being named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for sixteen consecutive years [5].
ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages Varonis Systems, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action -VRNS
Prnewswire· 2026-01-13 00:32
Core Viewpoint - A class action lawsuit has been filed against Varonis Systems, Inc. for allegedly making materially false and misleading statements regarding its business operations and growth potential during the specified Class Period from February 4, 2025, to October 28, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Varonis was unable to maintain its Annual Recurring Revenue (ARR) projections while transitioning existing on-prem customers to a software-as-a-service (SaaS) model [5]. - It is alleged that Varonis lacked the capability to persuade existing users to convert to the SaaS offering, leading to a significant reduction in near-term ARR growth potential [5]. - The lawsuit asserts that the positive statements made by Varonis regarding its business and prospects were materially misleading and lacked a reasonable basis, resulting in investor damages when the truth was revealed [5]. Group 2: Participation Information - Investors who purchased Varonis securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, interested parties can visit the provided link or contact the law firm directly for more information [3][6]. - A lead plaintiff must file a motion with the court by March 9, 2026, to represent other class members in the litigation [1][3].