Varonis Systems Investor Notice: Class Action Lawsuit Filed Over Misleading Statements and Downward Revisions

Varonis Systems, Inc. investors who purchased or acquired common stock between February 4, 2025, and October 28, 2025, may be eligible to lead a class action lawsuit. The lawsuit alleges that the company misled investors about its ability to convert on-premises customers to software-as-a-service (SaaS) and its annual recurring revenue (ARR) growth potential. Varonis' stock price dropped 48% after the company revealed weaker-than-expected renewals and conversions and downwardly revised its ARR metric. National shareholder rights firm Hagens Berman is investigating the claims and urges investors to submit their losses.