Varonis Systems, Inc. (VRNS) Deadline Approaching: Berger Montague Advises Investors of Deadline in Securities Fraud Lawsuit

Group 1 - A class action lawsuit has been filed against Varonis Systems, Inc. on behalf of investors who acquired Varonis securities between February 4, 2025, and October 28, 2025 [1] - The lawsuit alleges that Varonis and its executives misled investors regarding the company's ability to convert its existing customer base, leading to reduced annual recurring revenue (ARR) growth potential [3] - Following the revelation of the true state of customer renewals and conversions, Varonis' stock price fell from $63.00 per share on October 28, 2025, to $32.34 per share on October 29, 2025, marking a decline of over 48% in a single day [4] Group 2 - Investors who purchased Varonis securities during the class period have until March 9, 2026, to seek appointment as lead plaintiff representative [2] - Berger Montague, the law firm handling the case, is recognized for its expertise in complex civil litigation and has recovered over $50 billion for clients over its 55-year history [5]