Varonis(US:VRNS) TMX Newsfile·2026-02-08 18:31Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Varonis Systems, Inc. due to allegations of violations of federal securities laws, specifically regarding misleading statements about the company's ability to convert its customer base to a SaaS model, which has impacted its annual recurring revenue (ARR) growth potential [2][4]. Group 1: Legal Investigation - The law firm is encouraging Varonis investors who suffered losses exceeding $50,000 between February 4, 2025, and October 28, 2025, to contact them for discussing legal options [1]. - A federal securities class action has been filed against Varonis, with a deadline of March 9, 2026, for investors to seek the role of lead plaintiff [2]. - The complaint alleges that Varonis and its executives made false and misleading statements while concealing material adverse facts about the company's customer conversion capabilities [4]. Group 2: Company Background - Varonis Systems, Inc. is publicly traded on NASDAQ under the ticker VRNS [2]. - Faruqi & Faruqi, LLP has a history of recovering hundreds of millions of dollars for investors since its establishment in 1995 [3].