#USA #New York #Gross Law Firm #Varonis Systems #VRNS

Varonis Lawsuit Notice for Shareholders

The Gross Law Firm recently reminded shareholders of Varonis Systems, Inc. (NASDAQ: VRNS) regarding their rights as participants in a class action lawsuit. The firm has announced a significant deadline for shareholders who purchased shares of Varonis during the designated class period, which spans from February 4, 2025, to October 28, 2025. Those affected are encouraged to come forward to discuss potential roles as lead plaintiffs in the case.

Background of the Case

The legal action stems from allegations that Varonis provided misleading statements to the public while downplaying serious issues regarding its business operations. Specifically, it is claimed that the company projected strong growth while simultaneously concealing critical facts about its inability to adequately transition its customer base to its software-as-a-service (SaaS) model. This misrepresentation is believed to have inflated the company’s stock price temporarily.

On October 28, 2025, Varonis announced disappointing financial results for the third quarter of fiscal 2025, which contradicted prior optimistic guidance. This included a significant shortfall in annual recurring revenue (ARR), prompting the company to adjust its projections for the full fiscal year. These results were attributed to lower than expected customer renewals and conversions, particularly in its federal and non-federal on-premises subscription market. Additionally, Varonis announced a reduction in its workforce, further indicating internal issues.

As a direct result of this disappointing news, Varonis' stock price saw a staggering decrease, plummeting nearly 49% in just one day, from $63.00 per share to $32.34. This dramatic fall not only impacted the company but also had serious implications for its investors, many of whom faced significant financial losses.

What Shareholders Need to Know

Shareholders who purchased VRNS during the specified period must act quickly, as the deadline to register for potential recovery claims is March 9, 2026. By registering, investors will be kept updated about the case's progression and have a chance to take part in any recovery if successful. Those interested can register their information through the provided links from the Gross Law Firm without any financial obligation.

Investors should not overlook their rights in the wake of corporate wrongdoing. The Gross Law Firm has made it clear that leading plaintiffs are not required to seek compensation through participation in the class action, yet they play a crucial role in representing the collective interests of affected shareholders.

The Gross Law Firm's Commitment

The Gross Law Firm is known nationally for its dedication to protecting investors who have suffered losses due to deceitful corporate practices. The firm’s mission is centered on ensuring accountability and transparency in business operations. They stand firm on promoting ethical practices and strive to hold companies responsible for misleading stakeholders.

The law firm emphasizes that filing as a lead plaintiff holds no cost prohibitions to involved shareholders. They encourage a collaborative approach to securing justice for all investors harmed by Varonis' actions.

For those interested in pursuing this matter or learning more, further details can be accessed via the Gross Law Firm's website or by contacting them directly.

Potential investors can reach out at:

• - Contact: The Gross Law Firm, 15 West 38th Street, 12th floor, New York, NY 10018
• - Email: [email protected]
• - Phone: (646) 453-8903

Essentially, Varonis shareholders have a limited window to assert their rights and potentially recover their losses. The engagement of a dedicated law firm like Gross provides a vital resource for navigating these complex legal waters.