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Varonis Deadline Alert: Investors with Losses Urged to Contact Law Firm
Bragar Eagel & Squire Reminds Varonis Shareholders to Act Before March 9th Deadline
Mar. 3, 2026 at 4:39am
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Bragar Eagel & Squire, P.C., a national stockholder rights law firm, has filed a class action lawsuit against Varonis Systems, Inc. (NASDAQ:VRNS) on behalf of investors who purchased the company's common stock between February 4, 2025, and October 28, 2025. Investors have until March 9, 2026 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
Why it matters
The lawsuit alleges that Varonis made materially false and misleading statements about its business, operations, and prospects, failing to disclose that the company was ill-equipped to maintain its ARR growth trajectory without a high rate of quarterly conversions. This led to a significant drop in Varonis' stock price after the company released its Q3 2025 financial results.
The details
The complaint alleges that throughout the Class Period, Varonis failed to disclose that it was struggling to maintain its ARR growth without a high rate of quarterly conversions. On October 28, 2025, Varonis reported a 63.9% decline in term license subscription revenues year-over-year and reduced its full-year ARR guidance, citing issues with its on-premises subscription business. This news caused Varonis' stock price to plummet 48.7% on October 29, 2025.
- The Class Period is from February 4, 2025, to October 28, 2025.
- Investors have until March 9, 2026 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
The players
Varonis Systems, Inc.
A technology company that provides data security and analytics software products and services.
Bragar Eagel & Squire, P.C.
A nationally recognized stockholder rights law firm that has filed the class action lawsuit against Varonis.
Yakov Faitelson
The Co-Founder, Chairman, CEO & President of Varonis.
What’s next
Investors who purchased or acquired Varonis' common stock between February 4, 2025, and October 28, 2025 and would like to discuss their legal rights should contact Bragar Eagel & Squire partner Brandon Walker or Melissa Fortunato directly at (212) 355-4648.
The takeaway
This lawsuit highlights the importance of companies accurately disclosing their operational and financial challenges to investors. The significant drop in Varonis' stock price following the revelation of its struggles with its on-premises subscription business underscores the need for transparency and accountability in the public markets.
