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0 -0.0100736148779543 -0.00232468035645108 -0.00232468035645108 -0.00581170089112755 -0.0348702053467649 -0.00309957380860139 0.000387446726075088
Stock impact report

VRNS Federal Sector Collapse: Hagens Berman Investigating Varonis (VRNS) Over Alleged SaaS Transition Failure and Undisclosed Renewal Softness in Securities Class Action

Varonis Systems, Inc. (VRNS) 
Last varonis systems, inc. earnings: 2/10 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.varonis.com
Company Research Source: GlobeNewswire
SAN FRANCISCO, Feb. 17, 2026 (GLOBE NEWSWIRE) -- National shareholder rights law firm Hagens Berman is notifying investors in Varonis Systems, Inc. (NASDAQ: VRNS) regarding the approaching March 9, 2026, lead plaintiff deadline in a pending securities class action lawsuit that has been filed against the company and certain of its executives. As alleged in the suit, the firm is examining whether Varonis executives concealed significant renewal softness within its Federal vertical and legacy on-premises business while publicly touting a de-risked transition to its new Software-as-a-Service (SaaS) platform. The litigation follows the company’s October 28, 2025 disclosure that its shift to a SaaS model was allegedly plagued by an inability to convert its existing customer base at the pace allegedly suggested to investors. This disclosure, which revealed a 63.9% year-over-year decline in term license revenue and a slashed ARR outlook, triggered a 48% single-day stock crash, wiping out Show less Read more
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