CLASS ACTION DEADLINE APPROACHING: Berger Montague Advises Varonis Systems, Inc. (VRNS) Investors to Inquire About a Securities Fraud Class Action by March 9, 2026

Core Viewpoint - A class action lawsuit has been filed against Varonis Systems, Inc. for allegedly misleading investors regarding its customer conversion capabilities during the specified class period [1][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who acquired Varonis securities from February 4, 2025, to October 28, 2025 [1]. - Investors have until March 9, 2026, to seek appointment as lead plaintiff representatives [2]. - The allegations state that Varonis and its executives raised investor expectations while being aware that the company was not effectively positioned to convert existing customers to its SaaS offerings, leading to reduced annual recurring revenue (ARR) growth potential [3]. Group 2: Stock Performance Impact - 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 $30.66 per share, or over 48% in one day [4].