#USA #Los Angeles #Securities Fraud #Commvault #CVLT

Commvault Systems Inc. Investors Alert: Join the Securities Fraud Lawsuit

Commvault Systems Inc. (NASDAQ: CVLT) is currently under scrutiny as the law firm Glancy Prongay Wolke & Rotter LLP has announced that shareholders who have suffered financial losses now have an opportunity to lead a class action lawsuit concerning securities fraud. This class action lawsuit seeks to address claims that the company misled investors about its performance and prospects, leading to significant financial losses.

Background on the Case

The lawsuit focuses on allegations that between April 29, 2025, and January 26, 2026, Commvault and its executives failed to adequately disclose crucial information that would have affected the decisions of investors. Key points of contention include:

• - Misrepresentation of Sales Impact: It is alleged that Commvault was either aware of or recklessly ignored the impact that various sales types had on its Annual Recurring Revenue (ARR) growth.
• - Inadequate Forecasting: The complaint contends that the company's projected net new ARR was misleading as it did not properly consider the sales type dynamics, which strongly influence ARR growth.
• - Deceptive Public Statements: Consequently, the positive statements made about Commvault's business health, operations, and future outlook were deemed materially misleading or lacked a foundation in reality.

Who Can Participate?

Shareholders who believe they have suffered losses due to their investment in Commvault are encouraged to participate in this class action lawsuit. To do so, affected investors should express their interest before the lead plaintiff deadline of July 17, 2026. Failing to act by this date may result in missing the opportunity to have a voice in the proceedings.

How to Get Involved

Interested parties can learn more about the lawsuit and express their interest by contacting:

• - Charles Linehan, Esq.

Glancy Prongay Wolke & Rotter LLP
1925 Century Park East, Suite 2100
Los Angeles, CA 90067
Email: [email protected]
Telephone: 310-201-9150 (Toll-Free: 888-773-9224)

Individuals wishing to inquire via email should include their mailing address, telephone number, and the number of shares purchased in Commvault.

Legal Proceedings

Investors are reminded that to be officially part of the class action, no immediate action is required; investors may choose to retain legal counsel or remain passive members of the lawsuit. The attorneys involved in this case are prepared to provide further updates and guidance on the legal process as it unfolds.

Attorney Advertising Disclaimer

This press release may be classified as Attorney Advertising in certain jurisdictions according to applicable legal and ethical standards. Investors are encouraged to seek personalized legal advice based on their unique circumstances.

Conclusion

As Commvault Systems Inc. faces potentially significant legal challenges, affected shareholders have a chance not only to seek restitution for their losses but also to hold corporations accountable for transparency and integrity in their financial disclosures. Time is of the essence; interested shareholders should act swiftly to protect their rights and interests in this unfolding legal matter.

Stay informed on developments by following Glancy Prongay Wolke & Rotter LLP on platforms like LinkedIn, Twitter, or Facebook for the latest updates on this securities fraud lawsuit.