Portnoy Law Firm Announces Class Action On Behalf Of Varonis Systems, Inc. Investors
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email:..., to discuss their legal rights, or join the case via . The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pursuing claims to recover their losses.
According to the Complaint, the Company made false and misleading statements to the market. Varonis made extremely optimistic statements about its ability to convert its existing customers to its SaaS offering. The Company knew it was struggling to convince customers to switch to the new platform, reducing the opportunity for ARR growth. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Varonis, investors suffered damages.
The Portnoy Law Firm represents investors in pursuing claims caused by corporate wrongdoing. The Firm's founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA, NY and TX Bar
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310-692-8883
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