Shareholders of Varonis Systems, Inc. Should Contact Levi & Korsinsky Before March 9, 2026 to Discuss Your Rights - VRNS

Core Viewpoint - Varonis Systems, Inc. is facing a class action securities lawsuit due to alleged securities fraud that negatively impacted investors between February 4, 2025, and October 28, 2025 [1] Group 1: Lawsuit Details - The lawsuit claims that Varonis provided misleading statements about its ability to convert its customer base to its SaaS offering, which led to a significant reduction in annual recurring revenue (ARR) growth potential [1] - On October 28, 2025, Varonis reported third-quarter financial results that significantly missed ARR expectations and lowered its full-year guidance, attributing this to weaker than expected renewals and conversions in its subscription business [1] - Following the announcement, Varonis' stock price plummeted from $63.00 per share to $32.34 per share on October 29, 2025, marking a decline of approximately 48.67% in just one day [1] Group 2: Investor Actions - Investors who suffered losses during the specified timeframe have until March 9, 2026, to request appointment as lead plaintiff in the lawsuit [1] - Participation in the lawsuit does not require any out-of-pocket costs or fees for class members [1] Group 3: Legal Representation - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [1] - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [1]