Pomerantz Law Firm Warns Varonis Systems Investors of Class Action Suit and Deadlines
Investor Alert: Varonis Systems Faces Class Action Suit
Pomerantz Law Firm has issued a critical announcement concerning Varonis Systems, Inc. (NASDAQ: VRNS). It has come to light that a class action lawsuit has been filed against the company, indicating serious allegations of securities fraud and unlawful business practices. This legal action stands as a significant development for shareholders who have suffered losses on their investments.
Recent Financial Struggles
The impetus for the lawsuit stems from Varonis's disappointing third-quarter financial results released on October 28, 2025. The figures reported revealed a staggering 63.9% year-over-year decline in term license subscription revenue. Furthermore, the company significantly downgraded its full-year Annual Recurring Revenue (ARR) guidance, attributing the underperformance to issues within their on-premises subscription business.
Yakov Faitelson, Co-Founder and CEO, acknowledged the challenge posed by the on-premises subscription, describing it as a
Topics Financial Services & Investing）
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