Investors Affected by Varonis Systems Stock Drop Urged to Act Quickly

Attention Varonis Systems Investors

Investors who have faced losses due to the recent decline in Varonis Systems, Inc. (NASDAQ: VRNS) stocks are urged to take action swiftly. The Gross Law Firm, a nationally recognized class action legal firm, is providing an important update for shareholders who purchased VRNS shares during the specified class period from February 4, 2025, to October 28, 2025.

Significant Stock Drop

The company's stock experienced a dramatic downturn following the announcement of disappointing third-quarter results for fiscal year 2025. Initially closing at $63.00 on October 28, 2025, the stock plummeted to $32.34 by the following day, reflecting a staggering loss of approximately 48.67%. This steep decline was attributed to various failures in customer retention and engagement with their existing software offerings. The company not only failed to meet annual recurring revenue (ARR) expectations but also revised its projections downward after experiencing weaker-than-expected renewals and conversions of its traditional on-premises subscriptions.

The announcements following these results included the unfortunate news that the self-hosted solution would be phased out and a 5% reduction in workforce would be instated. Together, these disclosures have raised significant concerns about the company’s future viability and its practices leading up to the stock price crash.

Class Action Notification

Shareholders who purchased shares during the specified class period are encouraged to contact The Gross Law Firm promptly. Although participating as a lead plaintiff is not obligatory for recovery, registering is highly recommended to secure rights fast.

Interested shareholders can complete the registration form found on the Gross Law Firm’s website to ensure they receive updates throughout the case’s lifecycle. This registration also includes information about the deadlines associated with the class action; the time limit to apply for lead plaintiff status is March 9, 2026.

Why Engage with Gross Law Firm?

The Gross Law Firm is dedicated to defending investors' rights and securing recoveries for those misled by corporate malfeasance. Their commitment is centered around holding firms accountable for misleading shareholders, particularly when the integrity of their business practices is called into question. They aim to recover losses incurred by investors trapped in situations where fraud or deceit inflated stock prices artificially.

In summary, time is of the essence for investors affected by Varonis's recent financial developments. The Gross Law Firm is ready to assist shareholders in navigating this troubling period as they seek justice and recovery for their losses.

For more information, investors should contact:

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

Stay informed and proactive. As deadlines approach, it is imperative that affected shareholders act without delay to protect their interests in this unfolding situation.