Commvault Securities Class Action Notice Issued
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 01 2026
0mins
Source: Globenewswire
- Class Action Deadline: Rosen Law Firm reminds investors who purchased Commvault securities between April 29, 2025, and January 26, 2026, that they must apply to be lead plaintiff by July 17, 2026, to protect their rights in the class action lawsuit.
- Transparent Fee Structure: Investors joining the class action will incur no out-of-pocket fees, as the law firm operates on a contingency fee basis, which alleviates financial burdens and encourages more affected investors to seek compensation.
- Case Background: The lawsuit alleges that Commvault made overwhelmingly positive statements while concealing significant adverse facts regarding its annual recurring revenue (ARR) growth environment, leading to investor losses when the truth emerged, highlighting serious governance and disclosure issues within the company.
- Law Firm Credentials: Rosen Law Firm is renowned for its success in securities class actions, having recovered over $438 million for investors in 2019 alone, demonstrating its expertise and resource capabilities in handling such cases effectively.
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Analyst Views on CVLT
Wall Street analysts forecast CVLT stock price to rise
13 Analyst Rating
11 Buy
2 Hold
0 Sell
Strong Buy
Current: 127.100
Low
100.00
Averages
140.33
High
185.00
Current: 127.100
Low
100.00
Averages
140.33
High
185.00
About CVLT
Commvault Systems, Inc. is a provider of cyber resilience and data protection solutions. The Company helps the enterprise protect, secure, and recover its data, applications, and identity systems against cyber threats and attacks. It delivers its solutions through Commvault Cloud, a cloud-native platform that unifies data security, cyber recovery, and identity resilience across on-premises, hybrid, multi-cloud, and software as a service (SaaS) environment. It provides a set of capabilities intended to help customers prepare for, withstand, and recover from cyber incidents such as ransomware, data corruption, infrastructure failures, and cyberattacks. Its Commvault Cloud offerings are organized into three packages, such as Operational Recovery, Autonomous Recovery and Cyber Recovery. Operational Recovery provides core backup and recovery capabilities across hybrid enterprise workloads. Its offerings include Commvault Cleanroom Recovery, Commvault HyperScale Grid, and others.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Class Action Notice: Rosen Law Firm reminds investors who purchased Commvault securities between April 29, 2025, and January 26, 2026, to apply as lead plaintiffs by July 17, 2026, to participate in the class action without any out-of-pocket fees.
- Lawsuit Background: The lawsuit alleges that Commvault provided overly positive statements while concealing material adverse facts regarding its annual recurring revenue (ARR) growth environment, resulting in investor losses when the truth emerged.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions and has achieved the largest securities class action settlement against a Chinese company, recovering over $438 million for investors in 2019 alone, highlighting its leadership in the field.
- Investor Guidance: Investors are advised to carefully select qualified counsel with a proven track record, avoiding firms that merely act as intermediaries, to ensure effective legal representation and support in the class action.
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- Class Action Notice: Rosen Law Firm reminds investors who purchased Commvault securities between April 29, 2025, and January 26, 2026, to apply as lead plaintiffs by July 17, 2026, to participate in the class action and seek compensation.
- Fee Arrangement: Investors joining the class action will incur no upfront costs, as the law firm operates on a contingency fee basis, thereby reducing the financial burden on investors.
- Case Background: The lawsuit alleges that Commvault provided overly positive statements while concealing significant adverse facts related to its Annual Recurring Revenue (ARR) growth, resulting in investor losses when the truth emerged.
- Law Firm's Strength: Rosen Law Firm specializes in securities class actions, having recovered over $438 million for investors in 2019 alone, and was ranked No. 1 by ISS Securities Class Action Services in 2017, highlighting its expertise and successful track record in this field.
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- Class Action Notice: Rosen Law Firm reminds investors who purchased Commvault securities between April 29, 2025, and January 26, 2026, to apply as lead plaintiffs by July 17, 2026, to participate in the class action and seek compensation.
- Fee Arrangement: Investors joining the class action will incur no out-of-pocket costs, as the law firm operates on a contingency fee basis, minimizing the financial burden on investors.
- Case Background: The lawsuit alleges that Commvault made overwhelmingly positive statements while concealing significant adverse facts regarding its annual recurring revenue (ARR) growth environment, resulting in investor losses when the truth emerged.
- Law Firm's Strength: Rosen Law Firm specializes in securities class actions and has achieved the largest securities class action settlement against a Chinese company, demonstrating its expertise and successful track record in this field.
See More
- Lawsuit Timeline: Purchasers of Commvault Systems, Inc. securities between April 29, 2025, and January 26, 2026, have until July 17, 2026, to seek lead plaintiff status in the class action lawsuit, highlighting investor concerns regarding potential legal risks facing the company.
- Financial Performance Miss: On January 27, 2026, Commvault reported a net new annual recurring revenue (ARR) of $39 million for Q3 2026, falling short of the previously guided $45 million, which led to a stock price drop of over 31%, reflecting market disappointment in the company's performance expectations.
- False Statement Allegations: The class action lawsuit alleges that Commvault made false or misleading statements during the class period and failed to disclose the impact of sales types on ARR growth, potentially misleading investors about the company's financial health and affecting their investment decisions.
- Legal Representation Info: Investors can contact attorneys Ken Dolitsky or Michael Alberto at Robbins Geller Rudman & Dowd LLP for more information on how to participate in the lawsuit, underscoring the importance of legal proceedings in protecting investor rights.
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- Shareholder Lawsuit Notice: The Gross Law Firm has issued a notice encouraging shareholders who purchased Commvault Systems, Inc. (NASDAQ: CVLT) shares between April 29, 2025, and January 26, 2026, to contact them regarding potential lead plaintiff appointment for recovery participation.
- False Statement Allegations: The complaint alleges that Commvault provided overly optimistic statements to investors while concealing critical adverse facts regarding the company's Annual Recurring Revenue (ARR) growth environment, misleading investors significantly.
- Performance Below Expectations: On January 27, 2026, Commvault reported third-quarter results showing ARR growth of $39 million, which fell short of the $45 million guidance, resulting in a dramatic stock price drop of over 31% in a single day.
- Deadline for Shareholder Action: Shareholders must register by July 17, 2026, to participate in the class action lawsuit, and upon registration, they will receive status updates throughout the case lifecycle to ensure their rights are protected.
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- Lawsuit Background: Commvault Systems, Inc. is facing a securities class action lawsuit representing investors who purchased its securities between April 29, 2025, and January 26, 2026, alleging significant undisclosed impacts on financial metrics that resulted in investor losses.
- Stock Price Collapse: On January 27, 2026, Commvault's Q3 financial results revealed substantial shortfalls in key metrics, leading to a 31% drop in the company's stock price, reflecting strong market concerns about its growth outlook.
- ARR Growth Missteps: The lawsuit centers on allegations that Commvault failed to disclose how different sales types impacted annual recurring revenue (ARR) growth, particularly the increase in lower-priced SaaS deals and discounting strategies that pressured ARR, misleading investors about the company's growth trajectory.
- Analyst Reactions: Following the earnings report, several analysts promptly downgraded their investment ratings and price targets for Commvault, with some characterizing the results as a
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