VARONIS ALERT: Class Action Lawsuit Filed by Bragar Eagel & Squire, P.C.
Bragar Eagel & Squire, P.C. has recently announced a class action lawsuit involving Varonis Systems, Inc. The lawsuit, filed in the United States District Court for the Southern District of New York, represents individuals and entities who purchased or acquired Varonis’ common stock between February 4, 2025, and October 28, 2025.
The lawsuit alleges that during this period, Varonis made false statements and failed to disclose critical information about its business operations. Specifically, it failed to disclose that the company was not adequately prepared to sustain its growth without maintaining a high quarterly conversion rate. As a result, the positive statements made by the Defendants were misleading and lacked a reasonable basis.
Upon releasing its third-quarter financial results in 2025, Varonis reported disappointing revenue figures, including a significant decline in term license subscription revenues. The company also lowered its full-year guidance due to underperformance in its on-prem subscription segment. During an earnings call, Yakov Faitelson, the CEO of Varonis, acknowledged that the on-premises subscription business was hindering overall growth.
Following this news, Varonis’ stock price plummeted by 48.7%, causing significant losses for investors. If you suffered losses as a Varonis shareholder during this period and have pertinent information or questions about the lawsuit, Bragar Eagel & Squire, P.C. encourages you to reach out to discuss your legal options.
Bragar Eagel & Squire, P.C. is a reputable law firm with a strong track record of representing shareholders’ rights. They specialize in cases of securities fraud, breaches of fiduciary duties, and corporate misconduct. If you are interested in learning more about the ongoing investigation or have specific questions about the class action lawsuit involving Varonis Systems, Inc., please contact Bragar Eagel & Squire, P.C. by telephone or email.
This lawsuit serves to protect the interests of investors who suffered losses due to Varonis’ alleged deceptive practices and failure to disclose critical information about its financial condition. If you believe you are eligible to participate in this class action lawsuit, it is important to seek legal counsel promptly to explore your rights and potential legal remedies. Contact Bragar Eagel & Squire, P.C. today to learn more about how you can recover losses resulting from the mismanagement of Varonis Systems, Inc.