Core Viewpoint - Investors in Varonis Systems, Inc. have the opportunity to lead a securities fraud class action lawsuit due to alleged misleading statements regarding the company's ability to sustain its annual recurring revenue (ARR) growth trajectory [1][2]. Group 1: Lawsuit Details - The lawsuit alleges that from February 4, 2025, to October 28, 2025, Varonis failed to disclose its inability to maintain a high rate of quarterly conversions necessary for continued ARR growth [2]. - Defendants' positive statements about Varonis' business operations and prospects were claimed to be materially misleading and lacked a reasonable basis during the relevant period [2]. Group 2: Participation Information - Investors who suffered losses related to Varonis Systems, Inc. are encouraged to participate in the ongoing securities fraud lawsuit, with a lead plaintiff deadline set for March 9, 2026 [2]. - Interested parties can contact the Law Offices of Frank R. Cruz for more information or to participate in the class action [3][4].
Varonis Systems, Inc. (VRNS) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit