#United States #Class Action #Los Angeles #Securities Fraud #Varonis Systems

Varonis Systems, Inc. Securities Fraud Class Action Lawsuit

In a significant development for shareholders of Varonis Systems, Inc. (NASDAQ: VRNS), a new opportunity has emerged for those who have experienced financial losses. Glancy Prongay Wolke & Rotter LLP recently announced the potential for affected investors to lead a class action lawsuit related to securities fraud against the company. This article delves into the details of the lawsuit, the implications for shareholders, and how those affected can take part.

Background of the Lawsuit

The forthcoming lawsuit stems from allegations that Varonis Systems misled investors by failing to disclose crucial information regarding its growth trajectory. The complaint indicates that from February 4, 2025, to October 28, 2025, the company was supposedly unable to sustain its annual recurring revenue (ARR) growth without maintaining a notably high rate of quarterly conversions. Consequently, statements made by Varonis regarding its business operations and future prospects were misleading, lacking a reasonable foundation during this timeframe.

Details of the Allegations

Shareholders have voiced concerns that the company did not adequately inform them about its operational challenges. With positive statements about growth and stability being made by the company, investors were allegedly left in the dark regarding the actual state of affairs. The failure to disclose such critical information has led many to believe they were misled, prompting the necessity of a class action lawsuit, where affected individuals can seek justice collectively.

How to Participate

The deadline to participate as a lead plaintiff in the class action lawsuit is March 9, 2026. Investors who suffered losses on their Varonis investments during the specified period are encouraged to contact Glancy Prongay Wolke & Rotter LLP for more information. The firm is open to inquiries and can be contacted via email or phone to discuss potential claims. Interestingly, those interested in joining the class do not need to take immediate action; they have the option to retain their own counsel or remain as uninvolved members of the lawsuit.

Contact Information

For additional information or inquiries regarding the class action, shareholders can reach out to Charles Linehan, Esq. at Glancy Prongay Wolke & Rotter LLP using the following details:

• - Address: 1925 Century Park East, Suite 2100, Los Angeles, CA 90067
• - Email: [email protected]
• - Phone: 310-201-9150 (Toll-Free: 888-773-9224)

Moreover, potential members of the class action should ensure they include their contact details and the number of shares they purchased when reaching out to the firm.

Final Thoughts

The current momentum surrounding the class action lawsuit against Varonis Systems is a crucial reminder for investors to be vigilant. As these proceedings unfold, shareholders will need continuous updates and information regarding the potential outcomes of the lawsuit. This situation underlines the importance of transparency in corporate communications and the safeguards available to protect investor rights. As queries arise in the coming weeks, stakeholders are encouraged to stay informed through various communications issued by both the law firm and Varonis itself. Immediate action can prepare affected investors for the next steps as they seek to assert their rights and recover their losses in this developing case.