Lawsuit Alert: Investors who lost money with shares of Commvault Systems, Inc. (NASDAQ: CVLT) should contact the Shareholders Foundation

An investor, who purchased shares of Commvault Systems, Inc. (NASDAQ: CVLT), filed a lawsuit over alleged violations of Federal Securities Laws by Commvault Systems, Inc. in connection with certain allegedly false and misleading statements.

Investors who purchased shares of Commvault Systems, Inc. (NASDAQ: CVLT) have certain options and for certain investors are short and strict deadlines running. Deadline: July 17, 2026. NASDAQ: CVLT investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

Tinton Falls, NJ based Commvault Systems, Inc. provides cyber resiliency solutions for enterprises to protect, secure, and recover data, applications, and identity system. Commvault Systems, Inc. (NASDAQ: CVLT) reported that its Total Revenue rose from $994.61 million for the 12 months period that ended on March 31, 2025, to over $1.18 billion for the 12 months period that ended on March 31, 2026, and that its Net Income over those respective time periods declined from $76.1 million to $70.65 million.

On January 27, 2026, Commvault published third quarter 2026 fiscal results, which included ARR growth below the guidance provided by the Company. In particular, ARR growth for the third quarter 2026 was $39 million, which fell short of the $45 million projection provided.

Shares of Commvault Systems, Inc. (NASDAQ: CVLT) declined from $200.68 per share on July 30, 2025 to as low as $77.86 per share on March 30, 2026.

The plaintiff claims that between April 29, 2025 and January 26, 2026, the defendants made false and/or misleading statements and/or failed to disclose that the defendants created the false impression that Commvault's annualized recurring revenue ("ARR") growth would remain steady throughout fiscal year 2026, that Commvault knew or recklessly disregarded the impact that different types of sales would have on its ARR growth, and that the variation in net ARR growth is strongly based on the type of sale Commvault is making, thus, Commvault's projected net new ARR should not have been determined without properly factoring in sale type.

Those who purchased shares of Commvault Systems, Inc. (NASDAQ: CVLT) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.