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 January 26, 2026, and claims Commvault overstated its ARR projections, leading to a stock price drop of over 31% after disappointing Q3 2026 results. Investors with substantial losses have until July 17, 2026, to apply to be lead plaintiff, who would represent the class in litigation. This case highlights risks of relying on company revenue forecasts and potential legal recourse for affected investors.
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 grow...
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...
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...
