San Diego, California--(Newsfile Corp. - January 22, 2026) - Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Varonis Systems, Inc. (NASDAQ: VRNS) common stock between February 4, 2025 and October 28, 2025, all dates inclusive (the "Class Period"), have until March 9, 2026 to seek appointment as lead plaintiff of the Varonis class action lawsuit. Captioned Molchanov v. Varonis Systems, Inc., No. 26-cv-00117 (S.D.N.Y.), the Varonis class action lawsuit charges Varonis as well as ce ...

NEW YORK, Jan. 21, 2026 (GLOBE NEWSWIRE) -- 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 plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/varonis-systems-inc-loss-submission-form/?id=183177&from=3 CLASS PERIOD: Feb ...

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 filed Purchasers or acquirers of Varonis Systems, Inc. (NASDAQ: VRNS) common stock Seeking recovery of investment losses for material misstatements and/or omissions (as alleged) from February 4, 2025 through October 28, 2025 Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) can assist at no cost to investor RADNOR, Pa., ...

Core Viewpoint - A class action lawsuit has been filed against Varonis Systems, Inc. for allegedly misleading investors regarding its ability to convert its existing customer base, leading to a significant decline in stock price [1][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who acquired Varonis securities between February 4, 2025, and October 28, 2025 [1]. - Investors have until March 9, 2026, to seek appointment as lead plaintiff representative of the class [2]. - The lawsuit claims that Varonis and its executives raised investor expectations while knowing the company was not positioned to effectively convert existing users to its SaaS offering, resulting in reduced annual recurring revenue (ARR) growth potential [3]. Group 2: Stock Price Impact - Following the revelation of the true state of customer renewals and conversions, Varonis' stock price fell from $63.00 per share on October 28, 2025, to $32.34 per share on October 29, 2025, marking a decline of $30.66 per share, or over 48% in one day [4].

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 misleading positive statements while concealing 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, marking a decline of approximately 48.67% in one day [2] Group 2: Next Steps for Investors - Investors who suffered losses during the specified 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]

Core Viewpoint - Varonis Systems, Inc. is facing a class action lawsuit due to allegations of misleading investors regarding its revenue outlook and growth potential, leading to significant stock price decline after disappointing financial results were announced [3][4]. Group 1: Lawsuit Details - The class action lawsuit is titled Molchanov v. Varonis Systems, Inc., and it involves purchasers of Varonis common stock from February 4, 2025, to October 28, 2025, with a deadline of March 9, 2026, for seeking lead plaintiff status [1]. - The lawsuit claims that Varonis and its executives violated the Securities Exchange Act of 1934 by creating a false impression of the company's financial health and growth prospects [3][4]. Group 2: Financial Performance - On October 28, 2025, Varonis reported third-quarter results that significantly missed prior projections, leading to a reduction in full-year guidance [4]. - The CEO attributed the shortfall to lower renewals in both Federal and non-Federal subscription businesses during the final weeks of the quarter, resulting in a nearly 49% drop in stock price following the announcement [4]. Group 3: Legal Process - 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, which involves directing the lawsuit on behalf of all class members [5]. - The lead plaintiff can choose a law firm to represent the class, and participation as lead plaintiff does not affect the ability to share in any potential recovery [5]. Group 4: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a prominent law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [6]. - The firm has been recognized for its significant recoveries in securities class action cases, including the largest recovery in history of $7.2 billion in the Enron case [6].

Core Viewpoint - Robbins LLP has initiated a class action lawsuit on behalf of investors who acquired Varonis Systems, Inc. (NASDAQ: VRNS) securities between February 5, 2025, and October 28, 2025, alleging that the company misled investors regarding its business prospects and revenue outlook [1][2]. Allegations - The complaint asserts that Varonis created a misleading impression of having reliable information about its projected revenue and growth, while downplaying risks associated with seasonality and macroeconomic factors [2]. - It is claimed that Varonis' optimistic reports on growth and cost-cutting measures did not align with reality, indicating that the company was not adequately prepared to sustain its annual recurring revenue growth without a high rate of quarterly conversions [2]. Financial Impact - On October 28, 2025, Varonis released third-quarter results that fell short of prior projections and subsequently lowered its full-year guidance. This led to a significant decline in the company's stock price, dropping from $63.00 per share to $32.34 per share, representing a decrease of approximately 48.67% in just one day [3]. Class Action Participation - Shareholders interested in serving as lead plaintiffs in the class action must submit their papers to the court by March 9, 2026. Participation in the case is not required to be eligible for recovery [4].

Group 1 - A class action lawsuit has been filed against Varonis Systems, Inc. on behalf of investors who acquired Varonis securities between February 4, 2025, and October 28, 2025 [1][3] - The lawsuit alleges that Varonis and its executives misled investors regarding the company's ability to convert its existing customer base, leading to reduced annual recurring revenue (ARR) growth potential [3][4] - On October 28, 2025, Varonis disclosed a significant ARR miss and reduced its guidance for the full fiscal year 2025, attributing this to weaker than expected renewals and conversions in its subscription business [4][5] Group 2 - Following the announcement of disappointing financial results, Varonis' stock price fell from $63.00 per share to $32.34 per share, a decline of over 48% in one day [5] - Varonis is a global security company that offers software products utilizing AI-powered technologies to detect advanced security threats [2]

Core Viewpoint - A securities class action lawsuit has been filed against Varonis Systems, Inc. and certain executives, representing investors who acquired Varonis common stock between February 4, 2025, and October 28, 2025, following a significant drop in share price due to disappointing financial results and guidance [1][3]. Company Performance - Varonis reported weaker than expected renewals and conversions from its on-premises subscription business to its software-as-a-service (SaaS) model, leading to a significant downward revision of its annual recurring revenue (ARR) [2][5]. - The company's Q3 2025 financial results missed both its own and consensus estimates, prompting a reduction in Q4 revenue and 2025 ARR guidance [5]. Market Reaction - Following the announcement of disappointing results, Varonis shares plummeted by approximately 48%, resulting in a loss of about $3.8 billion in market capitalization the next day [6]. Allegations of Misrepresentation - The lawsuit alleges that Varonis misled investors by making overly positive statements about its ability to convert on-prem customers to SaaS, while failing to disclose critical information regarding its actual conversion capabilities [4][6]. - The complaint claims that Varonis was not adequately prepared to transition its existing on-prem users to the SaaS model, which adversely affected its ARR growth potential [4].

Core Viewpoint - A securities class action lawsuit has been filed against Varonis Systems, Inc. and certain executives, representing investors who acquired Varonis common stock between February 4, 2025, and October 28, 2025, following a significant drop in share price due to disappointing financial results and guidance [1][2]. Company Performance - Varonis reported weaker than expected renewals and conversions from its on-premises subscription business to its software-as-a-service (SaaS) model, leading to a downward revision of its annual recurring revenue (ARR) [2][5]. - The company's Q3 2025 financial results missed both its own and consensus estimates, prompting a reduction in Q4 revenue and 2025 ARR guidance [5]. Market Reaction - Following the announcement of disappointing results, Varonis shares plummeted over 48%, resulting in a loss of approximately $3.8 billion in market capitalization the next day [2][6]. Allegations of Misrepresentation - The lawsuit alleges that Varonis misled investors by making overly positive statements about its transition to SaaS and the potential for ARR growth, while failing to disclose the challenges in converting existing on-prem customers [4][6]. - The complaint claims that Varonis was not adequately prepared to facilitate the transition from on-prem to SaaS, contradicting its assertions of a "massive opportunity" for ARR growth [4].