Bronstein, Gewirtz & Grossman LLC has filed a class action lawsuit against CommVault Systems and certain officers, alleging violations of federal securities laws. The suit covers investors who purchased CommVault securities between April 29, 2025 and January 26, 2026. The complaint claims defendants made false and misleading statements and failed to disclose that they provided misleading guidance on annual recurring revenue growth for fiscal 2026, concealed adverse facts about the company's ARR growth environment, and knew or recklessly disregarded that the guidance did not properly account for critical variables. Investors have until July 17, 2026 to seek lead plaintiff appointment.
CommVault Systems IncClass action lawsuit alleging securities law violations and misleading guidance.