Varonis(US:VRNS) TMX Newsfile·2026-01-13 21:39Core 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].