
Bragar Eagel & Squire, P.C. Reminds Commvault Systems, Inc. (CVLT) Investors They Have Until July 17th to Contact the Firm Seeking Lead Plaintiff Role
GlobeNewsWire
Published: Jul 13, 2026, 10:35 PM
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Bragar Eagel & Squire, P.C. Reminds Commvault Systems, Inc. (CVLT) Investors They Have Until July 17th to Contact the Firm Seeking Lead Plaintiff Role If you purchased or acquired Commvault securities between April 29, 2025 to January 26, 2026 and would like to discuss your legal rights, contact Bragar Eagel & Squire partners Brandon Walker or Melissa Fortunato by email at [email protected] or by telephone at (212) 355-4648. NEW YORK, July 13, 2026 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C ., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Commvault Systems, Inc. (“Commvault” or the “Company”) (NASDAQ:CVLT) in the United States District Court for the District of New Jersey on behalf of all persons and entities who purchased or otherwise acquired Commvault securities between April 29, 2025 to January 26, 2026, both dates inclusive (the “Class Period”). Investors have until July 17, 2026 to apply to the Court to be appointed as lead plaintiff in the lawsuit. According to the complaint, during the class period defendants created the false impression that Commvault’s annualized recurring revenue (ARR) growth would remain steady throughout fiscal year 2026. Plaintiff alleges that Commvault knew or recklessly disregarded that the Company’s ARR growth guidance failed to properly factor in crucial variables, such as the type of sale. Such statements absent these material facts caused Plaintiff and other shareholders to purchase Commvault’s securities at artificially inflated prices. Plaintiff then alleges that the truth was revealed on January 27, 2026, when Commvault published third quarter 2026 fiscal results, which included ARR growth belo...
Source: GlobeNewsWire
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