Levi & Korsinsky Files Securities Class Action Against Varonis Systems Inc

Reuters03-03

Levi & Korsinsky Files Securities Class Action Against Varonis Systems Inc

A securities class action lawsuit has been filed against Varonis Systems Inc., seeking to recover investor losses tied to alleged false or misleading statements about the company’s ability to convert existing customers to its SaaS offering. The suit covers investors who purchased shares between Feb. 4, 2025 and Oct. 28, 2025, after the company reported a major miss to ARR and cut its full-year outlook, citing weaker-than-expected renewals and conversions; the stock fell about 49% the next day. Investors have until March 9, 2026 to seek appointment as lead plaintiff.

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: 202603021600PRIMZONEFULLFEED9664141) on March 02, 2026, and is solely responsible for the information contained therein.

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