Faruqi & Faruqi, LLP reminds investors who purchased Commvault Systems securities between April 29, 2025 and January 26, 2026 of the July 17, 2026 deadline to seek lead plaintiff appointment in a federal securities class action. The lawsuit alleges that Commvault and its executives made false and misleading statements by providing overly positive guidance on annual recurring revenue growth while concealing that the projections failed to properly account for crucial variables such as the type of sale. On January 27, 2026, Commvault reported third-quarter fiscal 2026 results showing SaaS ARR growth of 40%, a meaningful deceleration from 56% in the prior quarter, causing the stock to decline over 31% in a single day. Investors who suffered losses may contact the firm to discuss their legal rights.
CommVault Systems IncLawsuit alleges false guidance on ARR growth; stock fell 31% after Q3 results showed deceleration.