VRNS Deadline: VRNS Investors Have Opportunity to Lead Varonis Systems, Inc. Securities Lawsuit

Core Viewpoint - Varonis Systems, Inc. (NASDAQ: VRNS) is facing a class action lawsuit due to allegations of misleading statements regarding its ability to maintain annual recurring revenue (ARR) projections while transitioning customers to a software-as-a-service (SaaS) model [1] Group 1: Lawsuit Details - The class action lawsuit pertains to investors who purchased Varonis common stock between February 4, 2025, and October 28, 2025 [1] - Allegations include that Varonis was unable to maintain ARR projections and failed to effectively convert existing on-premises customers to the SaaS offering, leading to reduced growth potential [1] - The lawsuit claims that the defendants' positive statements about Varonis' business and prospects were materially misleading [1] Group 2: Legal Representation - Rosen Law Firm is encouraging affected investors to join the class action, highlighting its experience and success in securities class actions [1] - Investors can join the class action without any out-of-pocket fees through a contingency fee arrangement [1] - A lead plaintiff must be appointed by March 9, 2026, to represent the interests of the class [1]