Top entities: Commvault, Faruqi & Faruqi, Josh Wilson, Bloomberg L.P. — Bloomberg L.P..

What category does this event fall under?

Regulatory — classified as securities class action.

What is the sentiment of coverage?

Aggregate sentiment score: -30 on a -100 to +100 scale (negative = critical coverage, positive = favorable coverage).

What were the key actions taken?

Commvault made misleading statements · Commvault failed to achieve growth · Faruqi & Faruqi investigated potential claims Commvault

Is this event still developing?

This is an active story, last updated Jul 16, 2026. Coverage continues to evolve.

Regulatory securities class action

Commvault securities class action lawsuit

Q: When did this event occur?

First reported Jul 08, 2026; last updated Jul 16, 2026.

Q: What is the market impact?

General. Commvault's stock price fell over 31% on January 27, 2026, after reporting decelerating SaaS ARR growth.

Analysis based on 9 articles · First reported Jul 08, 2026 · Last updated Jul 16, 2026

Sentiment

-30

Attention

Articles

Market Impact

General

Live prominence charts, article sentiment distribution, and event development timeline available on the Ergen Dashboard

Market Impact

Commvault's stock price fell over 31% on January 27, 2026, after reporting decelerating SaaS ARR growth. The securities class action may lead to financial penalties and reputational damage for Commvault.

Software Cloud Computing

Event Summary

Faruqi & Faruqi, LLP is investigating potential claims against Commvault, Inc. and reminds investors of the July 17, 2026 deadline to seek lead plaintiff in a federal securities class action. The lawsuit alleges that Commvault made false and misleading statements regarding its ARR growth guidance, failing to account for variables like sale type. On January 27, 2026, Commvault reported Q3 fiscal 2026 results showing SaaS ARR growth of 40%, a deceleration from 56% in the prior quarter, causing its stock to decline over 31%.

Key Actions

90 Commvault made misleading statements

85 Commvault failed to achieve growth

80 Faruqi & Faruqi investigated potential claims Commvault

Entities Involved

stock

Commvault

Commvault is the defendant in a securities class action alleging misleading ARR growth guidance. Its stock dropped 31% after reporting Q3 results showing decelerating SaaS ARR growth.

Importance 100.0 Sentiment -50.0

priv

Faruqi & Faruqi

Faruqi & Faruqi is the law firm investigating and filing the securities class action against Commvault on behalf of investors.

Importance 30.0 Sentiment 0.0

per

Josh Wilson

Josh Wilson is a partner at Faruqi & Faruqi encouraging investors to contact him regarding the Commvault lawsuit.

Importance 10.0 Sentiment 0.0

subs

Bloomberg L.P. — Bloomberg L.P.

Bloomberg L.P. — Bloomberg L.P. provided analysis noting the deceleration in Commvault's SaaS ARR growth from 56% to 40%.

Importance 5.0 Sentiment 0.0

Relationships

Commvault related ↔ Faruqi & Faruqi

Faruqi & Faruqi related ↔ Josh Wilson

ERGEN INTELLIGENCE

Track this event live

Set up alerts, explore entity relationships, search across thousands of events, and build custom intelligence feeds.

Open Dashboard