#USA #San Diego #Class Action #Robbins LLP #Varonis Systems

Class Action Alert: Varonis Systems, Inc. Shareholders

In an important announcement for shareholders of Varonis Systems, Inc. (NASDAQ: VRNS), Robbins LLP has raised awareness about a class action lawsuit that has been filed on behalf of investors who suffered significant losses during a specific period of time. The company, which specializes in data security technologies, is under scrutiny following allegations of misleading investors regarding its business prospects and financial performance.

Background of the Case

According to the details released, the class action pertains to securities purchased or acquired between February 5, 2025, and October 28, 2025. During this time, Varonis appeared to provide an optimistic view of its revenue growth and future prospects, which attracted many investors. However, the reality was starkly different, as the company's projections failed to materialize, leading to significant financial repercussions for its shareholders.

The complaint states that Varonis executives falsely conveyed a solid foundation regarding the company’s revenue outlook while downplaying risks associated with market fluctuations and seasonality. In a shocking turn of events, the company revealed third-quarter results that fell below expectations on October 28, 2025, compounded by a drastic reduction in their full-year guidance. As a direct result of this news, Varonis’ stock plummeted from $63.00 to $32.34 in just one day, a staggering decline of about 48.67%.

How to Participate

Shareholders who believe they are eligible to partake in this class action should consider taking action soon. Robbins LLP has stated that individuals wanting to act as lead plaintiffs in this class action must file their documentation with the court by March 9, 2026. Becoming a lead plaintiff means you will represent the interests of all class members in the legal proceedings. However, it's essential to note that you do not need to be an active participant to receive compensation; you can choose to remain an absent member of the class.

Robbins LLP operates on a contingency fee basis, meaning shareholders will cover no fees or expenses unless the case is won.

About Varonis Systems, Inc.

Varonis Systems, Inc. is known for its AI-driven security products that assist organizations in the discovery, classification, and protection of critical data assets against threats. The focus areas of its software range from detecting unauthorized access to managing data risks across various platforms, making it a key player in the data security landscape. However, the company's recent struggles have raised concerns within the investment community regarding its ability to sustain growth and maintain shareholder confidence.

Conclusion

For investors who purchased shares in Varonis Systems, the current developments signify a crucial opportunity to join the class action and potentially recover losses incurred due to the alleged negligence by the company's management. Robbins LLP is prepared to guide investors through the legal process, ensuring that their rights are protected and their losses addressed.

If you wish to learn more about your rights and the steps you can take, reach out to Robbins LLP or register through their official communication channels. Be vigilant and proactive, as the timeline is tight, and every action counts in the realms of shareholder litigation.

For any inquiries or further information, potential participants can visit the Robbins LLP website or contact them directly. It is essential for all shareholders affected to stay informed and engaged during this critical period.