CommVault Systems IncClass action lawsuit alleges failure to disclose impact of sales types on ARR growth.
The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of Phreesia, Sportradar Group, Commvault Systems, and Veritone. For Phreesia, the class period is May 8, 2025 through March 30, 2026, with a lead plaintiff deadline of July 13, 2026; the complaint alleges the company created a false impression about its long-term growth outlook and revenue projections. Sportradar's class period runs from November 7, 2024 to April 21, 2026, with a July 17, 2026 deadline, and the suit claims the company worked with black-market gambling operators despite assurances of compliance. Commvault Systems faces a class period of April 29, 2025 to January 26, 2026, also with a July 17, 2026 deadline, over allegations it failed to disclose the impact of different sales types on annual recurring revenue growth. Veritone's class period is October 14, 2025 through April 14, 2026, with a July 20, 2026 deadline, and the complaint alleges the company misclassified revenue and costs, overstated financials, and maintained deficient internal controls.
CommVault Systems IncClass action lawsuit alleges failure to disclose impact of sales types on ARR growth.
Phreesia IncClass action lawsuit alleges false impression about long-term growth and revenue projections.
Sportradar Group AGClass action lawsuit alleges working with black-market gambling operators despite compliance assurances.
Veritone IncClass action lawsuit alleges misclassified revenue, overstated financials, and deficient internal controls.