Rosen Law Firm Urges Varonis Systems, Inc. (NASDAQ: VRNS) Stockholders with Large Losses to Contact the Firm for Information About Their Rights

Core Viewpoint - Rosen Law Firm has announced a class action lawsuit against Varonis Systems, Inc. for allegedly misleading investors about its business operations and annual recurring revenue projections during the specified class period from February 4, 2025, to October 28, 2025 [1][2]. Allegations - The lawsuit claims that Varonis provided investors with overly positive statements regarding its expected annual recurring revenue (ARR) for the 2025 fiscal year, expressing confidence in its ability to maintain ARR projections while transitioning existing customers to a software-as-a-service (SaaS) model [3]. - It is alleged that Varonis concealed material adverse facts about its capability to convert its existing customer base to the SaaS offering, which led to inflated security prices and ultimately caused shareholder losses when the truth was revealed [4]. Next Steps - Shareholders interested in participating in the class action must file motions to serve as lead plaintiffs by March 9, 2026. They can choose to remain absent class members without participating in the case [5]. Law Firm Background - Rosen Law Firm specializes in securities class actions and has a track record of recovering over $1 billion for shareholders, emphasizing its commitment to improving corporate governance and holding executives accountable [7].