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Class action lawsuit filed against Commvault over misleading revenue growth statements

Market News
19 May 2026
GlobeNewsWire
View Source
Bearish
pluang ai news

A class action lawsuit has been filed against Commvault Systems, alleging the company made false or misleading statements about how different sales types affected its annual recurring revenue growth. Investors who bought Commvault shares between April 29, 2025, and January 26, 2026, and suffered losses are encouraged to contact the law firm Holzer & Holzer. The lawsuit claims material adverse facts were not disclosed, potentially impacting shareholder value. The deadline to seek lead plaintiff status is July 17, 2026.

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