INVESTOR DEADLINE: Varonis Systems, Inc. Investors with Significant Losses Have Opportunity to Lead Class Action Lawsuit

Core Viewpoint - Varonis Systems, Inc. is facing a class action lawsuit due to allegations of misleading investors about its revenue outlook and growth potential, leading to significant stock price decline after disappointing financial results [1]. Group 1: Class Action Lawsuit Details - The class action lawsuit is titled Molchanov v. Varonis Systems, Inc., and it involves investors who purchased Varonis common stock between February 4, 2025, and October 28, 2025 [1]. - The lawsuit claims that Varonis and its executives violated the Securities Exchange Act of 1934 by providing false information regarding the company's revenue projections and growth while downplaying risks associated with seasonality and macroeconomic factors [1]. - On October 28, 2025, Varonis reported third-quarter results that significantly missed prior projections, leading to a nearly 49% drop in stock price [1]. Group 2: Allegations Against Varonis - The complaint alleges that Varonis misrepresented its ability to maintain annual recurring revenue growth and the effectiveness of its sales team in converting existing clients to its SaaS offerings [1]. - CEO Yakov Faitelson attributed the revenue shortfall to lower renewals in both Federal and non-Federal subscription businesses during the final weeks of the quarter [1]. Group 3: Lead Plaintiff Process - The Private Securities Litigation Reform Act of 1995 allows any investor who acquired Varonis common stock during the class period to seek appointment as lead plaintiff in the lawsuit [1]. - The lead plaintiff represents the interests of all class members and can choose a law firm to litigate the case [1]. - Participation as a lead plaintiff does not affect an investor's ability to share in any potential recovery from the lawsuit [1]. Group 4: About Robbins Geller - Robbins Geller Rudman & Dowd LLP is a leading firm in complex class action litigation, having recovered over $916 million for investors in 2025 alone [1]. - The firm has a strong track record, recovering $8.4 billion for investors over the past five years, including the largest securities class action recovery in history [1].