Faruqi & Faruqi, LLP is investigating a securities class action lawsuit against Commvault Systems, Inc. for allegedly providing misleading guidance on its annual recurring revenue (ARR) growth for fiscal 2026. The company reported a 40% SaaS ARR growth for Q3 2026, which was a significant slowdown from the previous quarter's 56%, causing the stock to drop over 31%. Investors who bought Commvault shares between April 29, 2025, and January 26, 2026, are encouraged to consider legal options before the July 17, 2026 deadline to seek lead plaintiff status. The lawsuit claims Commvault concealed material facts that inflated its stock price.
A securities class action lawsuit has been filed against Commvault Systems, Inc. by investors who bought shares between April 29, 2025, and January 26, 2026. The lawsuit claims the company made false and misleading statements about its business and f...
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 Apri...
Robbins Geller Rudman & Dowd LLP announced a class action lawsuit against Commvault Systems for allegedly misleading investors about its annualized recurring revenue (ARR) growth. The lawsuit covers securities bought between April 29, 2025, and Janua...
Levi & Korsinsky, LLP has filed a class action lawsuit against Commvault Systems, Inc. for allegedly making false and misleading statements about its Annual Recurring Revenue (ARR) growth. The lawsuit claims Commvault overstated its ARR growth projec...
