Shareholders of Varonis Systems, Inc. Should Contact The Gross Law Firm Before March 9, 2026 to Discuss Your Rights - VRNS

Shareholders of Varonis Systems, Inc. (NASDAQ: VRNS) are urged to contact The Gross Law Firm by March 9, 2026, to discuss their rights related to potential legal actions stemming from misleading corporate statements. Shareholders who purchased VRNS shares during the class period from February 4, 2025, to October 28, 2025, are particularly encouraged to reach out regarding possible lead plaintiff appointments. Notably, being appointed as a lead plaintiff is not required to partake in any potential recovery.

The legal action is based on allegations that the company provided optimistic statements to investors while misleading them about its actual performance, notably the ability to convert its existing customer base to Software as a Service (SaaS) offerings. Specifically, Varonis is accused of concealing serious concerns regarding customer retention and conversion, which led to a significant downward adjustment in its Annual Recurring Revenue (ARR) forecasts.

On October 28, 2025, Varonis publicly disclosed a substantial miss in its third-quarter results, including a reduction in its projections due to disappointing renewals and conversions in its subscription business. The announcement caused Varonis' stock to plummet nearly 49% in a single day, dropping from $63.00 to $32.34 per share.

Shareholders are urged to register for participation in the class action, which offers no cost or obligation. Once registered, shareholders will receive updates throughout the case's progression, helping them stay informed. The Gross Law Firm is a nationally recognized class action firm dedicated to protecting investors’ rights and pursuing justice for those affected by corporate malpractice. Interested shareholders can find additional information and initiate contact through the firm's website.

For shareholders of Varonis Systems, Inc. (NASDAQ: VRNS), an essential opportunity is on the horizon as legal concerns surrounding the company's performance have emerged. Following substantial allegations regarding misleading communications about its SaaS transition and customer retention capabilities, Varonis experienced a dramatic stock price decline—plummeting nearly 49% in one day after releasing disappointing fiscal results on October 28, 2025. With these developments in mind, shareholders who purchased shares between February 4, 2025, and October 28, 2025, are advised to reach out to The Gross Law Firm before the impending deadline of March 9, 2026.

Engagement with legal counsel can prove crucial, as potential class action litigation could provide a pathway for recovery of losses incurred due to alleged corporate misrepresentation. Investors are encouraged to register for participation in this class action without any associated costs. By doing so, shareholders will also benefit from portfolio monitoring services to stay updated on their case status, ensuring they remain informed throughout the process.

Given the severity of the allegations—misleading statements that masked Varonis' struggles with customer conversions and renewals—investors should reflect on the wider implications for the company's future growth potential. It is vital for shareholders to act swiftly, not only to protect their investments but also to hold Varonis accountable for its alleged failure to provide a true picture of its financial health.

In summary, Varonis shareholders should seize this opportunity for potential recovery and should contact The Gross Law Firm promptly if they believe they are eligible to participate in this crucial legal action.