Varonis Systems Faces Shareholder Class Action Lawsuit

Reuters02-22 00:59

Varonis Systems Faces Shareholder Class Action Lawsuit

A securities class action lawsuit has been filed against Varonis Systems Inc. in the U.S. District Court for the Southern District of New York on behalf of investors who bought or acquired the company’s common stock between Feb. 4, 2025 and Oct. 28, 2025. The suit alleges the company made materially false or misleading statements and omitted key information about its ability to sustain annual recurring revenue growth, and follows an Oct. 28, 2025 update in which Varonis reported revenue below expectations, cut full-year ARR guidance tied to underperformance in its on-prem subscription business, and saw its shares drop sharply. Investors seeking to be appointed lead plaintiff must apply by March 9, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Varonis Systems Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202602211159PRIMZONEFULLFEED9658601) on February 21, 2026, and is solely responsible for the information contained therein.

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