renewal softness

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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