Class Action Announcement VRNS: A Securities Fraud Class Action Lawsuit Was Filed Against Varonis Systems, Inc. (VRNS)

Core Viewpoint - A securities class action lawsuit has been filed against Varonis Systems, Inc. for alleged investment losses incurred by investors who purchased or acquired Varonis common stock between February 4, 2025, and October 28, 2025 [1][6]. Group 1: Lawsuit Details - The lawsuit claims that Varonis made false and misleading statements and failed to disclose critical information regarding its ability to sustain its Annual Recurring Revenue (ARR) growth without maintaining a high rate of quarterly conversions [2]. - The lead plaintiff deadline for the lawsuit is set for March 9, 2026, allowing affected investors to seek representation [3][6]. Group 2: Legal Representation - Kessler Topaz Meltzer & Check, LLP is the law firm representing the class of investors and encourages those who suffered significant losses to contact them for more information [4][5]. - The firm has a strong reputation in securities-fraud class actions and has achieved notable recoveries in past litigations [5]. Group 3: Affected Investors - The class period for the lawsuit is defined as February 4, 2025, through October 28, 2025, during which investors are seeking recovery for material misstatements and omissions [6]. - Investors can choose to be appointed as lead plaintiffs or remain absent class members, with the ability to share in any recovery not affected by their decision [3].