NasdaqGS:VRNSSoftware
Varonis Systems (VRNS) Is Down 6.6% After Wave Of SaaS Transition Lawsuits Has The Bull Case Changed?
Over the past year, multiple shareholder rights law firms have launched or expanded securities class actions against Varonis Systems, alleging that between February and October 2025 the company misrepresented its ability to sustain annual recurring revenue growth during its transition from on‑premises subscriptions to SaaS.
These cases focus on claims that Varonis understated weaknesses in its legacy on‑premises and Federal businesses while highlighting its SaaS migration, with plaintiffs...