Hagens Berman Sues Varonis Over Alleged Renewal Softness During SaaS Transition, Company to Present at Morgan Stanley Conference March 5
Hagens Berman filed a securities action against Varonis, alleging concealment of renewal softness in Federal and on-prem segments during the SaaS transition, with a March 9, 2026 lead plaintiff deadline. Varonis will present at the Morgan Stanley Technology, Media & Telecom Conference on March 5 at 9:15 a.m. PT.
1. Securities Class Action Filed
Hagens Berman has initiated a securities class action against Varonis Systems, alleging that executives concealed significant renewal softness in the Federal vertical and legacy on-premises business while promoting a de-risked migration to its SaaS platform. Investors must file for lead plaintiff status by March 9, 2026.
2. Upcoming Investor Conference Presentation
Varonis is scheduled to present at the Morgan Stanley Technology, Media & Telecom Conference in San Francisco on March 5 at 9:15 a.m. PT. The live audio webcast will be available and later archived on the Investor Relations section of Varonis’ website.