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Stock impact report

VRNS Investor Alert: Hagens Berman Scrutinizing Varonis Systems (VRNS) Amid Claims of Alleged SaaS Transition Fraud 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. 03, 2026 (GLOBE NEWSWIRE) -- National shareholder rights law firm Hagens Berman is issuing a notice to 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. The litigation, which seeks to represent investors who purchased or otherwise acquired Varonis common stock between February 4, 2025 and October 28, 2025, alleges that Varonis executives misled the market regarding the company’s ability to convert its legacy on-premise customer base to its new Software-as-a-Service (SaaS) platform. While the company allegedly touted the opportunity to accelerate annual recurring revenue (ARR), its October 28, 2025, disclosure revealed a 63.9% year-over-year decline in term license subscription revenues, which caused a staggering 48% stock crash that wiped out $3.8 billion in market capitalization. Th Show less Read more
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