newsfilter
← Latest News
GlobeNewswire·

The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of March 9, 2026 in Varonis Systems, Inc. Lawsuit – VRNS

  • The Gross Law Firm issued a securities class action notice for shareholders of Varonis Systems, Inc. (NASDAQ: VRNS) regarding the class period from February 4, 2025, to October 28, 2025.
  • The complaint alleges Varonis disseminated false statements while concealing its inability to convert existing customers to its SaaS offering, which reduced near-term ARR growth potential.
  • On October 28, 2025, Varonis announced a significant miss in ARR and lowered full-year fiscal 2025 projections due to weaker renewals and conversions in its federal & non-federal on-premises business.
  • Following the October 28 announcement, Varonis declared the end of life for its self-hosted solution & announced a 5% headcount reduction.
  • Varonis stock price dropped from $63.00 on October 28, 2025, to $32.34 on October 29, 2025, representing a decline of approximately 48.67%.
  • The deadline to register for the class action & to seek appointment as lead plaintiff is March 9, 2026.
  • Shareholders who register will be enrolled in portfolio monitoring software for case updates, with no cost or obligation to participate.
  • The Gross Law Firm is seeking recovery for investors who incurred losses due to alleged deceit, fraud, & the artificial inflation of the company's stock.