Bronstein, Gewirtz & Grossman LLC Urges CommVault Systems, Inc. Investors to Act: Class Action Filed Alleging Investor Harm

Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against CommVault Systems, Inc. (NASDAQ: CVLT) and certain of its officers. This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired CommVault securities between April 29, 2025 and January 26, 2026, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/CVLT.

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that: (1) Defendants provided investors with misleading guidance and projections regarding CommVault's anticipated annual recurring revenue (“ARR”) growth for fiscal year 2026, including projections related to new net ARR growth; (2) Defendants simultaneously disseminated overly positive statements while concealing material adverse facts concerning the true state of the Company’s ARR growth environment; (3) Defendants knew or recklessly disregarded that the Company’s ARR growth guidance failed to properly account for critical variables, including the type of sales driving ARR performance; and (4) as a result, Defendants’ statements about the Company’s business, operations, and prospects lacked a reasonable basis and were materially false and misleading at all relevant.