VRNS INVESTOR ALERT: Varonis Systems, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit, Robbins Geller Rudman & Dowd LLP Announces

Core Viewpoint - Varonis Systems, Inc. is facing a class action lawsuit due to allegations of misleading investors regarding its revenue outlook and growth potential, leading to significant stock price decline after disappointing financial results [3][4]. Group 1: Lawsuit Details - The class action lawsuit is titled Molchanov v. Varonis Systems, Inc., and it involves purchasers of Varonis common stock from February 4, 2025, to 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 violated the Securities Exchange Act of 1934 by providing false information about the company's financial health and growth prospects [3]. Group 2: Financial Performance and Impact - On October 28, 2025, Varonis reported third-quarter results that significantly missed prior projections, leading to a lowered full-year guidance [4]. - The CEO, Yakov Faitelson, attributed the shortfall to lower renewals in both Federal and non-Federal subscription businesses during the final weeks of the quarter [4]. - Following the announcement of these results, Varonis' stock price plummeted nearly 49% [4]. Group 3: Legal Process and Representation - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Varonis common stock during the class period to seek the role of lead plaintiff [5]. - The lead plaintiff will represent the interests of all class members and can choose a law firm to litigate the case [5]. - Participation as a lead plaintiff does not affect an investor's ability to share in any potential recovery from the lawsuit [5].