Core Viewpoint - The Portnoy Law Firm has initiated an investigation into Varonis Systems, Inc. for possible securities fraud following a significant drop in the company's stock price after a disappointing financial announcement [1][3]. Group 1: Investigation Details - The investigation focuses on whether Varonis complied with federal securities laws [3]. - The investigation was prompted by Varonis's announcement on October 28, 2025, regarding its third-quarter financial results and a reduction in full-year ARR guidance due to underperformance in its on-prem subscription business [3]. Group 2: Financial Impact - Following the announcement of reduced guidance, Varonis's stock price experienced a decline [3]. Group 3: Legal Support for Investors - Investors are encouraged to contact the Portnoy Law Firm for legal rights discussions and to potentially join a class action lawsuit [2]. - The firm offers complimentary case evaluations to discuss options for recovering losses incurred by investors [2][4].
Varonis Systems, Inc. Investigated by the Portnoy Law Firm