--- title: "12:33 ET VRNS Investigation: Kessler Topaz Meltzer & Check, LLP Encourages Varonis Systems, Inc. (NASDAQ: VRNS) Investors with Significant Losses to Contact the Firm" type: "News" locale: "en" url: "https://longbridge.com/en/news/267035490.md" description: "Kessler Topaz Meltzer & Check, LLP is investigating Varonis Systems, Inc. for potential federal securities law violations after the company reported disappointing Q3 2025 financial results, including a 63.9% decline in term license subscription revenues. Varonis' stock fell 48.67% following the news. Investors with significant losses are encouraged to contact the firm for more information." datetime: "2025-11-22T17:34:14.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/267035490.md) - [en](https://longbridge.com/en/news/267035490.md) - [zh-HK](https://longbridge.com/zh-HK/news/267035490.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/267035490.md) | [繁體中文](https://longbridge.com/zh-HK/news/267035490.md) # 12:33 ET VRNS Investigation: Kessler Topaz Meltzer & Check, LLP Encourages Varonis Systems, Inc. (NASDAQ: VRNS) Investors with Significant Losses to Contact the Firm , /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Varonis Systems, Inc. (NASDAQ: VRNS) ("Varonis"). On October 28, 2025, Varonis reported its financial results for the third quarter of 2025 and revealed revenue which missed consensus estimates, including a 63.9% decline in term license subscription revenues, year over year. Varonis also disclosed it was "reducing our full-year ARR guidance to account for the underperformance of \[its\] on-prem subscription business." Addressing the poor results, Varonis stated that the company's on-premises subscription business is a "drag on total company ARR growth," citing a number of factors which contributed to "lower renewal rate of on-prem subscription\[s\]," including "sales process issues." On this news, Varonis' stock price fell $30.66 per share, or 48.67%, to close at $32.34 per share on October 29, 2025. **_If you are a Varonis investor and would like to learn more about our investigation, please CLICK HERE to fill out our online form or contact Kessler Topaz Meltzer & Check, LLP: Jonathan Naji, Esq. (484) 270-1453 or E-mail at \[email protected\]._** **_You can also click on the following link or paste it in your browser:_** https://www.ktmc.com/varonis-systems-inc-investigation?utm\_source=PR\_Newswire&mktm=PR Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). For more information about Kessler Topaz Meltzer & Check, LLP, please visit www.ktmc.com. CONTACT: Kessler Topaz Meltzer & Check, LLP Jonathan Naji, Esq. 280 King of Prussia Road Radnor, PA 19087 (484) 270-1453 \[email protected\] May be considered attorney advertising in certain jurisdictions. Past results do not guarantee future outcomes. SOURCE Kessler Topaz Meltzer & Check, LLP ### Related Stocks - [Varonis Systems, Inc. (VRNS.US)](https://longbridge.com/en/quote/VRNS.US.md) ## Related News & Research - [A Look At Varonis Systems (VRNS) Valuation After Recent Share Price Weakness](https://longbridge.com/en/news/280962892.md) - [RSA Conference 2026: Varonis CEO Yaki Faitelson to Deliver Keynote on Securing the Agentic AI Revolution | VRNS Stock News](https://longbridge.com/en/news/280455144.md) - [AT&T Launches OneConnect, the First-Ever Single Subscription for Unlimited Connectivity | T Stock News](https://longbridge.com/en/news/281171783.md) - [Trump Orders Citizenship Verification And Voter Eligibility In Federal Elections](https://longbridge.com/en/news/281377797.md) - [Subscriptions are more than just bills for Visa and Mastercard](https://longbridge.com/en/news/281375305.md)