Snapshot from Jun 11, 2026 at 07:00 UTC. For live data and tracking: View Live
Events / Business / Commvault faces multiple class actions
Business class action lawsuit

Commvault faces multiple class actions

Analysis based on 53 articles · First reported May 18, 2026 · Last updated Jun 10, 2026

Sentiment
-70
Attention
4
Articles
53
Market Impact
Direct
Live prominence charts, article sentiment distribution, and event development timeline available on the Ergen Dashboard
Market Impact

The multiple class action lawsuits against Commvault are likely to negatively impact its stock price and investor confidence. The legal proceedings could result in significant financial penalties for Commvault, affecting its profitability and market valuation. The involvement of several prominent law firms indicates a broad legal challenge, which could prolong the uncertainty for investors.

software legal services
Event Summary

Multiple law firms, including Bronstein, Gewirtz & Grossman, LLC, Robbins Geller Rudman & Dowd LLP, Bragar Eagel & Squire, and Rosen Law Firm, have filed or announced class action lawsuits against Commvault. These lawsuits allege that Commvault and its officers made materially false and misleading statements and/or failed to disclose critical information regarding the company's anticipated annual recurring revenue (ARR) growth for fiscal year 2026. Specifically, the complaints claim that Commvault's guidance and projections for new net ARR growth were misleading, as they did not properly account for crucial variables like the type of sales driving ARR performance. The truth was allegedly revealed on January 27, 2026, when Commvault reported third-quarter 2026 financial results, showing net new ARR of $39 million, which was below the previously guided $45 million. This news led to a significant decline of over 31% in Commvault's stock price on January 27, 2026. Investors who purchased Commvault securities between April 29, 2025, and January 26, 2026, are encouraged to join these lawsuits, with a lead plaintiff deadline of July 17, 2026.

Key Actions
100 Robbins LLP filed class action lawsuit Commvault
100 Faruqi & Faruqi investigated potential claims Commvault
91 Commvault made misleading statements
90 Bronstein, Gewirtz & Grossman, LLC filed class action lawsuit Commvault
90 Robbins Geller Rudman & Dowd LLP filed class action lawsuit Commvault
90 Bragar Eagel & Squire filed class action lawsuit Commvault
80 Rosen Law Firm filed class action lawsuit Commvault
71 Rosen Law Firm reminded investors
60 Brandon Walker encouraged investors to contact
60 Melissa Fortunato encouraged investors contact
Entities Involved
stock
Commvault
Commvault is the defendant in multiple class action lawsuits alleging that it made misleading statements regarding its ARR growth projections, leading to a significant drop in its stock price.
Importance 100 Sentiment -80
priv
Faruqi & Faruqi
Faruqi & Faruqi is a national securities law firm investigating and filing a class action lawsuit against Commvault, seeking to represent investors who suffered losses. This event enhances their business and reputation in securities litigation.
Importance 80 Sentiment 50
priv
Robbins LLP
Robbins LLP is one of the law firms representing investors in a class action lawsuit against Commvault, seeking to recover damages for alleged securities law violations.
Importance 70 Sentiment 50
priv
Bronstein, Gewirtz & Grossman, LLC
Bronstein, Gewirtz & Grossman, LLC is a law firm that has filed a class action lawsuit against Commvault, representing investors who purchased Commvault securities during the Class Period.
Importance 70 Sentiment 50
priv
Robbins Geller Rudman & Dowd LLP
Robbins Geller Rudman & Dowd LLP is a law firm that has announced a class action lawsuit against Commvault, encouraging investors to seek lead plaintiff appointment.
Importance 70 Sentiment 50
priv
Bragar Eagel & Squire
Bragar Eagel & Squire is a law firm that has filed a class action lawsuit against Commvault, representing investors who suffered losses.
Importance 70 Sentiment 50
priv
Rosen Law Firm
Rosen Law Firm is encouraging investors to join the class action lawsuit against Commvault, providing information on how to participate.
Importance 70 Sentiment 50
per
Josh Wilson
Josh Wilson is a partner at Faruqi & Faruqi, encouraging investors to contact him regarding the Commvault class action. He is a key contact for potential plaintiffs in this event.
Importance 60 Sentiment 40
per
Peretz Bronstein
Peretz Bronstein is the Founding Partner of Bronstein, Gewirtz & Grossman, LLC, actively involved in the class action lawsuit against Commvault. His role is to restore investor capital and ensure corporate accountability.
Importance 60 Sentiment 50
per
Brandon Walker
Brandon Walker, a litigation partner at Bragar Eagel & Squire, is actively encouraging investors to join the class action lawsuit against Commvault. His involvement is central to the legal proceedings.
Importance 60 Sentiment 50
per
Melissa Fortunato
Melissa Fortunato, a partner at Bragar Eagel & Squire, is also involved in encouraging investors to contact the firm regarding the class action lawsuit against Commvault. Her role supports the legal action.
Importance 50 Sentiment 50
per
Ken Dolitsky
Ken Dolitsky is an attorney at Robbins Geller Rudman & Dowd LLP, serving as a contact for investors interested in the Commvault class action lawsuit. His involvement is part of the firm's legal action.
Importance 40 Sentiment 30
per
Michael Albert
Michael Albert is an attorney at Robbins Geller Rudman & Dowd LLP, serving as a contact for investors interested in the Commvault class action lawsuit. His involvement is part of the firm's legal action.
Importance 40 Sentiment 30
per
Philip Kim
Philip Kim is an attorney at Rosen Law Firm and is listed as a contact for investors interested in joining the Commvault class action lawsuit.
Importance 40 Sentiment 60
per
Lawrence Rosen
Lawrence Rosen is a founding partner of Rosen Law Firm, which is leading the securities class action against Commvault.
Importance 40 Sentiment 60
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