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VRNS Stockholder Alert: Robbins LLP Reminds Investors of the Class Action Lawsuit Against Varonis Systems, Inc.
Prnewswire· 2026-01-08 23:38
Core Viewpoint - A class action has been filed against Varonis Systems, Inc. for allegedly misleading investors about its business prospects and financial outlook during the specified period [1][2]. Allegations - The complaint claims that Varonis misrepresented its revenue outlook and growth potential while downplaying risks associated with seasonality and macroeconomic factors [2]. - Reports of growth and cost-cutting measures were found to be overly optimistic, as Varonis struggled to maintain its annual recurring revenue growth without a high rate of quarterly conversions [2]. Stock Performance - Following the release of third-quarter results on October 28, 2025, which fell below expectations, Varonis lowered its full-year guidance, leading to a significant stock price drop from $63.00 to $32.34, a decline of approximately 48.67% in one day [3]. Class Action Participation - Shareholders interested in participating as lead plaintiffs must submit their papers by March 9, 2026, although participation is not required to be eligible for recovery [4]. Legal Representation - Robbins LLP operates on a contingency fee basis, meaning shareholders incur no fees or expenses for representation [5].
VisionWave Advances European Growth Plans on the Back of Solar Drone’s DB InfraGO AG PoC Success
Globenewswire· 2025-11-26 13:30
Core Insights - VisionWave Holdings, Inc. has announced a significant advancement in its European growth strategy following the successful 100-day Proof of Concept (PoC) with DB InfraGO AG for its Solar Drone technology [1][3] - Judit Nagypal has been appointed to lead the next phase of commercial engagement in Europe and is also under consideration for a position on VisionWave's Board of Directors [2][4] - The PoC demonstrated the feasibility of Solar Drone's automated cleaning technology for large glass rooftops at major train stations, addressing a long-standing maintenance challenge for DB InfraGO AG [3][4] Company Developments - The successful PoC with DB InfraGO AG serves as a commercial validation for Solar Drone's technology in demanding operational environments [4] - Judit Nagypal will oversee all opportunities related to Solar Drone and DB InfraGO AG, coordinating with designated departments and VisionWave's strategic partners across the EU [4][6] - VisionWave has entered into a binding Letter of Intent to acquire Solar Drone Ltd., although the transaction remains subject to various conditions [6] Technology and Operations - Solar Drone specializes in industrial-grade drone-based solutions aimed at grid maintenance, fire prevention, and solar-field optimization, utilizing proprietary payloads and AI analytics [6] - The technology is designed to enhance safety, efficiency, and operational effectiveness in large-scale energy and infrastructure environments [6]