Levi & Korsinsky has filed a securities class action lawsuit involving Varonis Systems Inc., seeking to recover investor losses tied to alleged misleading statements about the company’s ability to convert existing customers to its SaaS offering. The proposed class covers investors who were adversely affected between Feb. 4, 2025 and Oct. 28, 2025, after Varonis reported a miss to ARR and cut full-year guidance, citing weaker renewals and conversions, alongside plans to end its self-hosted solution and reduce headcount. Investors have until March 9, 2026 to seek appointment as lead plaintiff.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Varonis Systems Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202602191600PRIMZONEFULLFEED9657829) on February 19, 2026, and is solely responsible for the information contained therein.