INVESTOR ALERT: Varonis Systems, Inc. Investors with Significant Losses Have Opportunity to Lead Class Action Lawsuit - RGRD Law

Core Viewpoint - The Varonis Systems, Inc. is facing a class action lawsuit due to allegations of misleading investors regarding its revenue outlook and growth potential, leading to significant stock price declines following disappointing financial results [3][4]. Group 1: Class Action Details - The class action lawsuit is titled Molchanov v. Varonis Systems, Inc., and it involves purchasers of Varonis common stock from February 4, 2025, to October 28, 2025 [1]. - Investors have until March 9, 2026, to apply for lead plaintiff status in the lawsuit [1]. - The lawsuit alleges that Varonis and its executives violated the Securities Exchange Act of 1934 [1]. Group 2: Allegations Against Varonis - The lawsuit claims that Varonis misrepresented its revenue projections and growth potential while downplaying risks associated with seasonality and macroeconomic factors [3]. - It is alleged that Varonis' optimistic reports regarding growth and sales effectiveness were not reflective of the company's actual performance [3]. - Following the release of third-quarter results on October 28, 2025, which fell short of expectations, Varonis lowered its full-year guidance, resulting in a nearly 49% drop in stock price [4]. Group 3: Legal Process and Firm Background - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Varonis stock during the class period to seek lead plaintiff status [5]. - The lead plaintiff will represent the interests of all class members and can choose a law firm for litigation [5]. - Robbins Geller Rudman & Dowd LLP, the firm handling the case, is a leading class action firm with a strong track record in securities fraud litigation, having recovered over $916 million for investors in 2025 alone [6].