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

Core Viewpoint - The 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 declines following disappointing financial results [1][3][4]. Group 1: Class Action Lawsuit 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 violated the Securities Exchange Act of 1934 by providing false information about the company's financial health and growth prospects [1][3]. Group 2: Allegations Against Varonis - The lawsuit claims that Varonis misrepresented its ability to maintain annual recurring revenue growth and downplayed risks associated with seasonality and macroeconomic factors [3]. - On October 28, 2025, Varonis reported third-quarter results that significantly missed prior projections, leading to a lowered full-year guidance [4]. - Following the release of these disappointing results, Varonis' stock price fell nearly 49% [4]. Group 3: Lead Plaintiff Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Varonis common stock during the class period to seek appointment as lead plaintiff [5]. - The lead plaintiff is typically the investor with the greatest financial interest in the case and represents the interests of all class members [5]. - Investors can choose their own legal representation for the lawsuit, and participation as lead plaintiff does not affect their ability to share in any potential recovery [5]. Group 4: About Robbins Geller - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [6]. - The firm has been ranked 1 in the ISS Securities Class Action Services rankings for four out of the last five years [6]. - Robbins Geller has a significant history of obtaining large recoveries in securities class action cases, including the largest recovery of $7.2 billion in the Enron case [6].