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Join the Varonis Systems Class Action Lawsuit

In an important reminder for investors, the Rosen Law Firm has announced a lead plaintiff deadline for Varonis Systems, Inc. (NASDAQ: VRNS). If you purchased common stock of this cybersecurity firm between February 4, 2025, and October 28, 2025, you may be eligible to take part in a class action lawsuit.

What You Need to Know

The law firm, specializing in the rights of investors, is urging affected investors to act promptly, as the deadline to apply for lead plaintiff status is March 9, 2026. This is a critical opportunity for those who feel they have been misled by the company's statements regarding its financial performance and business model.

The Case Details

The lawsuit alleges that Varonis made misleading statements about its Annual Recurring Revenue (ARR) projections. It claims that:

1. Inability to Maintain ARR Projections: Varonis struggled to convert both federal and non-federal on-premises customers to its software-as-a-service (SaaS) model.
2. Challenges in Customer Retention: There was a lack of effective strategies to convince existing customers of the benefits of switching to SaaS, which eroded potential revenue growth.
3. Misleading Positive Statements: Defendants are accused of making optimistic statements about the company's performance without a factual foundation, leading investors to make decisions based on incomplete or inaccurate information.

How to Participate

To join the class action, investors should visit Rosen Law Firm's submission page or call toll-free at 866-767-3653. They can also reach out via email at [email protected] for further information. It’s important to note that while a class has not yet been certified, joining this lawsuit can ultimately contribute to holding the company accountable for its alleged misdeeds.

Why Choose Rosen Law Firm?

Selecting the right legal team is crucial. The Rosen Law Firm has established a solid reputation for its expertise in these types of cases.

• - They have successfully secured landmark settlements for investors, including the largest ever class action against a Chinese company.
• - Ranked as a top firm for securities class action settlements by ISS Securities Class Action Services, the Rosen Law Firm has consistently returned millions to investors in recent years.
• - Founding partner Laurence Rosen was recognized by Law360 as a leading figure in plaintiffs' law, further validating the firm's position in the legal landscape.

Next Steps

Investors are encouraged to carefully choose their counsel, as many firms do not have the same level of experience or resources that Rosen Law Firm possesses. However, you can also choose to remain absent from the class if you decide not to participate.

For updates on this case, you can follow Rosen Law Firm on LinkedIn, Twitter, and Facebook.

This class action represents a significant chance for investors to reclaim their losses—seize this opportunity before it’s too late!