Core Viewpoint - A securities class action lawsuit has been filed against Varonis Systems, Inc. (VRNS) for alleged material misstatements and omissions affecting investors who purchased stock between February 4, 2025, and October 28, 2025 [1] Summary by Relevant Sections Lawsuit Details - The lawsuit is initiated by Kessler Topaz Meltzer & Check, LLP on behalf of investors who acquired Varonis common stock during the specified class period [1] - The lead plaintiff deadline for the lawsuit is set for March 9, 2026 [1] Allegations - The complaint alleges that Varonis was not adequately prepared to sustain its Annual Recurring Revenue (ARR) growth without maintaining a high rate of quarterly conversions [1] - It is claimed that the positive statements made by the defendants regarding the company's business and prospects were materially misleading and lacked a reasonable basis throughout the class period [1] Investor Information - Affected investors are encouraged to contact Kessler Topaz Meltzer & Check, LLP for assistance in recovering investment losses [1] - Investors have the option to seek appointment as a lead plaintiff or remain as absent class members, with the ability to share in any recovery not affected by their decision [1]
VRNS ANNOUNCEMENT: Kessler Topaz Meltzer & Check, LLP Notifies Investors of a Class Action Lawsuit Against Varonis Systems, Inc. (VRNS)