Law Firms Urge Varonis Investors to Seek Lead Role in Securities Suits Before March 9 Deadline
Plaintiffs allege the company overstated its ability to shift customers to SaaS, causing near‑term ARR shortfalls that hurt investors.
Overview
- New notices from Rosen Law Firm and The Schall Law Firm invite investors to pursue lead‑plaintiff status in securities cases against Varonis Systems.
- Robbins Geller says the case is filed in the Southern District of New York as Molchanov v. Varonis Systems, Inc., No. 26‑cv‑00117.
- The putative class covers purchasers of Varonis common stock from February 4, 2025 through October 28, 2025.
- Complaints claim Varonis made misleading statements about converting on‑premises customers to its SaaS offering and sustaining ARR growth.
- Filings cite October 28, 2025 disclosures of weaker renewals, lowered guidance, and a stock decline of about 49%, and note no class has been certified.