VRNS INVESTOR DEADLINE: Varonis Systems, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

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].