CVLT 1-WEEK DEADLINE ALERT: Commvault (CVLT) Investors Alerted to Securities Class Action, Encouraged to Contact HBSS

Hagens Berman (HBSS), a national shareholder rights firm, alerts investors in Commvault Systems, Inc. (NASDAQ: CVLT) that a newly filed securities class action lawsuit has expanded the alleged class period. The lawsuit now covers investors who purchased or otherwise acquired Commvault securities between January 28, 2025, and January 26, 2026, inclusive .

The new suit, City of Fort Lauderdale Police and Firefighters' Retirement System v. Commvault Systems, Inc., et al. , extends the start of the alleged fraud period from April 29, 2025, back to January 28, 2025 . This expansion captures a broader range of investor activity and expands the claims brought against the company and its senior executives regarding their business disclosures.

Focus of CVLT Securities Class Action Litigation: The litigation alleges that Defendants misrepresented and failed to disclose that: Commvault’s competitive positioning was materially weaker than Defendants had represented to investors; Due to the undisclosed increase in competition, Commvault was forced to make significant concessions on price and contract duration for its software licenses; As these concessions became unsustainable, SaaS became a larger portion of the Company’s sales mix; The increasing m...