VRNS INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that 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: Lawsuit Details - The class action lawsuit is titled Molchanov v. Varonis Systems, Inc., and covers purchasers of Varonis common stock from February 4, 2025, to October 28, 2025, with a deadline of March 9, 2026, for lead plaintiff applications [1][5]. - Allegations include that Varonis executives created a false impression of reliable revenue projections while downplaying risks associated with seasonality and macroeconomic factors [3]. - On October 28, 2025, Varonis reported third-quarter results that significantly missed projections, leading to a nearly 49% drop in stock price [4]. Group 2: Company Background - Varonis provides software products and services focused on data security and analytics [2]. - The company has been criticized for its inability to maintain annual recurring revenue growth without high quarterly conversion rates [3].