Commvault Faces Securities Class Action Lawsuits
Analysis based on 34 articles · First reported May 18, 2026 · Last updated May 26, 2026
The class action lawsuit against Commvault is expected to negatively impact its stock price and reputation due to allegations of misleading statements. Investors who purchased Commvault securities during the Class Period may be entitled to compensation, potentially leading to financial losses for Commvault.
Commvault, a provider of cyber resiliency solutions, is facing multiple class action lawsuits from law firms including Robbins Geller Rudman & Dowd LLP, Rosen Law Firm, and Law Offices of Howard G. Smith. The lawsuits allege that Commvault made materially false and misleading statements and/or concealed material adverse facts regarding its annualized recurring revenue (ARR) growth between April 29, 2025, and January 26, 2026. Specifically, the complaints claim that Commvault's ARR growth guidance failed to properly factor in crucial variables, such as the type of sale, creating a false impression of steady growth. On January 27, 2026, Commvault released its third-quarter fiscal results, revealing net new ARR of $39 million, falling short of the previously guided $45 million. This news caused Commvault's stock price to fall over 31%, injuring investors. Investors who suffered losses are urged to contact the law firms to potentially serve as lead plaintiff in the class action lawsuit, with a deadline of July 17, 2026.
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