Press release
Varonis Systems, Inc. (NASDAQ: VRNS) Investor Alert: Deadline in Lawsuit on March 9, 2026
A Deadline is coming up on March 9, 2026 in the lawsuit for certain investors in Varonis Systems, Inc. (NASDAQ: VRNS).
Investors who purchased shares of Varonis Systems, Inc. (NASDAQ: VRNS) have certain options and there are strict and short deadlines running. Deadline: March 9, 2026. NASDAQ: VRNS stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
Miami, FL based Varonis Systems, Inc. provides software products and services that continuously discover and classify critical data, remediate exposures, and detect advanced threats with AI-powered technology in North America, Europe, APAC, and rest of world. Varonis Systems, Inc. (NASDAQ: VRNS) reported that its annual Total Revenue rose from $499.16 million in 2023 to $550.95 million in 2024, and that its Net Loss declined from $100.91 million in 2023 to $95.76 million in 2024.
On October 28, 2025, Varonis Systems, Inc. released its third quarter results that came in well below their previous projections and resultantly lowered their full-year guidance. Varonis's CEO, Yakov Faitelson, allegedly elaborated on the reasons for the shortfall, attributing it to the "final weeks of the quarter" where Varonis Systems, Inc. "experienced lower renewals in the Federal vertical and in our non-Federal on-prem subscription business, which led to a shortfall relative to our expectations."
Shares of Varonis Systems, Inc. (NASDAQ: VRNS) declined from $63.90 per share on October 10, 2025, to $30.02 per share on December 05, 2025.
According to the complaint filed in the U.S. District Court for the Southern District of New York the plaintiff alleges on behalf of purchasers of Varonis Systems, Inc. (NASDAQ: VRNS) common shares between February 4, 2025 and October 28, 2025, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between February 4, 2025 and October 28, 2025, the defendants created the false impression that they possessed reliable information pertaining to Varonis's projected revenue outlook and anticipated growth while also minimizing risk from seasonality and macroeconomic fluctuations, and that in truth, Varonis's optimistic reports of growth, cost cutting measures, and overall effectiveness of its sales team to continue to convince existing clientele to convert to its SaaS offering fell short of reality; Varonis was simply ill-equipped to continue its annual recurring revenue growth trajectory without maintaining a significantly high rate of quarterly conversions.
Those who purchased shares of Varonis Systems, Inc. (NASDAQ: VRNS) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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