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GlobeNewswire Inc.GlobeNewswire Inc.··Hagens Berman

Varonis Stock Plunged 48% After Disclosure: Securities Lawsuit Seeks Lead Plaintiff

Varonis faces class action lawsuit over alleged concealment of 63.9% term license revenue decline. Stock crashed 48%, erasing $3.8 billion in value.
VRNSsecurities class actionmisleading statements
GlobeNewswire Inc.GlobeNewswire Inc.··Hagens Berman

Varonis Systems Faces Securities Lawsuit Over SaaS Transition Disclosures

Varonis Systems faces securities lawsuit alleging executives failed to disclose weakening renewal rates and overstated SaaS transition progress, leading to 48% stock decline and $3.8 billion market cap loss.
VRNSsecurities class actionmisleading statements