Varonis Systems, Inc. Class Action Lawsuit
Company: Varonis Systems, Inc.
Ticker: (NASDAQ) VRNS
Class Action Period: February 4, 2025 - October 28, 2025
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Join the Varonis Systems, Inc. Class Action Lawsuit
CLASS ACTION PERIOD
February 4, 2025 - October 28, 2025
Allegations
According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Varonis’ ability to convert its existing customer base; notably, that it was not truly equipped to convince existing users of the benefits of converting to the SaaS offering or otherwise maintain those customers on its platform, resulting in significantly reduced ARR growth potential in the near-term. On October 28, 2025, Varonis announced its financial results for the third quarter of fiscal 2025, disclosing a significant miss to ARR and reducing its projections for the full fiscal year 2025, despite previously uplifting guidance for the previous two consecutive quarters. The Company attributed its results and lowered guidance on weaker than expected renewals and conversions in their federal and non-federal on-premises subscription business. Varonis further resultantly announced the end of life of the self-hosted solution and a 5% headcount reduction. Following this news, Varonis’ common stock declined dramatically. From a closing market price of $63.00 per share on October 28, 2025, Varonis’ stock price fell to $32.34 per share on October 29, 2025, a decline of about 48.67% in the span of just a single day.
Eligibility
To join the lawsuit, you must have experienced a loss on Varonis shares purchased within the class period specified above.
Lead Plaintiff Deadline
If you suffered a loss in Varonis Systems, Inc. during the relevant time frame, you have until March 9, 2026 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
Frequently Asked Questions
- How do I join the lawsuit against Varonis Systems, Inc. (NASDAQ: VRNS)?
Investors who purchased shares of Varonis Systems, Inc. (NASDAQ: VRNS) during the class period (February 4, 2025 - October 28, 2025) can join by submitting their transaction details through this case page.
- Ensure your purchase falls within the class period
- Provide basic transaction and loss details
- Submit your information before the deadline
The lead plaintiff deadline for this case is March 9, 2026, so investors should act quickly to protect their rights.
- Who is eligible for the Varonis Systems, Inc. lawsuit?
Anyone who bought shares of Varonis Systems, Inc. (NASDAQ: VRNS) during February 4, 2025 - October 28, 2025 and suffered financial losses may qualify.
- What is the lead plaintiff deadline to join the Varonis Systems, Inc. case?
The lead plaintiff deadline for the Varonis Systems, Inc. lawsuit is March 9, 2026. Investors should act quickly to avoid missing this deadline.
- What is the class period for Varonis Systems, Inc.?
The class period for Varonis Systems, Inc. (NASDAQ: VRNS) is February 4, 2025 - October 28, 2025, during which investors may have been affected by alleged misconduct.
- Can I still join the Varonis Systems, Inc. lawsuit if I sold my shares?
Yes. Investors who purchased Varonis Systems, Inc. shares during February 4, 2025 - October 28, 2025 may still qualify, even if they sold their shares later.
- How much compensation can I receive from the Varonis Systems, Inc. lawsuit?
Compensation depends on the total losses and the final settlement. Eligible investors in the Varonis Systems, Inc. case may receive a portion of the recovery.
- Do I need to pay to participate in the Varonis Systems, Inc. case?
No, most securities fraud cases involving Varonis Systems, Inc. operate on a contingency basis, meaning there are no upfront costs unless there is a recovery.
- Will I need to appear in court for the Varonis Systems, Inc. lawsuit?
In most cases, investors do not need to appear in court. The legal team manages the Varonis Systems, Inc. case on behalf of participants.
- What documents are required for the Varonis Systems, Inc. lawsuit?
To participate in the Varonis Systems, Inc. lawsuit, investors may need to provide transaction records, purchase dates, number of shares, and loss details.
- What happens after I submit my trade information for Varonis Systems, Inc.?
After submission, your details for the Varonis Systems, Inc. case will be reviewed, and you may be contacted regarding eligibility or next steps.
- Is this legal advice for the Varonis Systems, Inc. lawsuit?
No, this page provides information about the Varonis Systems, Inc. case and does not constitute legal advice or create an attorney-client relationship.
- Why should I act quickly on the Varonis Systems, Inc. case?
The lead plaintiff deadline for the Varonis Systems, Inc. lawsuit is March 9, 2026. If you are an investor, you may have the opportunity to seek appointment as lead plaintiff or remain an absent class member.
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