{"id":38266,"date":"2026-07-16T22:30:00","date_gmt":"2026-07-16T20:30:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=6d973c9cc552bad717daadb13bb4c061"},"modified":"2026-07-16T22:30:00","modified_gmt":"2026-07-16T20:30:00","slug":"deadline-soon-commvault-systems-inc-cvlt-shareholders-who-lost-money-urged-to-contact-the-law-offices-of-frank-r-cruz-about-securities-fraud-lawsuit","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=38266","title":{"rendered":"Deadline Soon: Commvault Systems Inc. (CVLT) Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz About Securities Fraud Lawsuit"},"content":{"rendered":"

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz<\/a> reminds investors of the upcoming July 17, 2026 <\/b>deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired Commvault Systems Inc. (\u201cCommvault\u201d or the \u201cCompany\u201d) (NASDAQ: CVLT<\/a>) securities between January 28, 2025 and January 26, 2026<\/b>, inclusive (the \u201cClass Period\u201d).<\/p>

IF YOU ARE AN INVESTOR WHO LOST MONEY ON COMMVAULT SYSTEMS INC. (CVLT), CLICK <\/b>HERE<\/b><\/a> TO PARTICIPATE IN THE SECURITIES FRAUD LAWSUIT.<\/b><\/p>

What Happened?<\/b><\/p><\/a><\/a>

On January 27, 2026, Commvault published third quarter 2026 fiscal results, including annualized recurring revenue (\u201cARR\u201d) of 22% and a total net new ARR was $39 million, falling short of the prior quarter\u2019s guidance for $45 million of net new ARR for the quarter. Management revealed in the accompanying earnings call that the variation was due to product mix, including increased SaaS deals in the quarter.<\/p>

On this news, Commvault\u2019s stock price fell $40.23, or 31.1%, to close at $89.13 per share on January 27, 2026, thereby injuring investors.<\/p>

What Is The Lawsuit About?<\/b><\/p>

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and\/or misleading statements, as well as failed to disclose material adverse facts about the Company\u2019s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Commvault knew or recklessly disregarded the impact that different types of sales would have on its ARR growth; (2) the variation in net ARR growth is strongly based on the type of sale Commvault is making, thus, the Company\u2019s projected net new ARR should not have been determined without properly factoring in sale type; and (3) as a result, Defendants\u2019 positive statements about the Company\u2019s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis at all relevant times.<\/p>

If you purchased or otherwise acquired Commvault securities between January 28, 2025 and January 26, 2026, the deadline to seek appointment as the lead plaintiff in the securities fraud class action is July 17, 2026.<\/b><\/p>

Contact Us To Participate or Learn More:<\/b><\/p>

If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact us:<\/p>

Frank R. CruzThe Law Offices of Frank R. Cruz,2121 Avenue of the Stars, Suite 800,Century City, California 90067Email us at: info@frankcruzlaw.com<\/a>Call us at: 310-914-5007Visit our website at www.frankcruzlaw.com<\/a>Follow us for updates on Twitter: twitter.com\/FRC_LAW<\/a><\/p>

If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.<\/p>

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p> Contacts<\/b>

The Law Offices of Frank R. Cruz, Los AngelesFrank R. Cruz, 310-914-5007fcruz@frankcruzlaw.com<\/a>www.frankcruzlaw.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"

LOS ANGELES–(BUSINESS WIRE)–The Law Offices of Frank R. Cruz reminds investors of the upcoming July 17, 2026 deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired Commvault …<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-38266","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/38266","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38266"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/38266\/revisions"}],"predecessor-version":[{"id":38267,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/38266\/revisions\/38267"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}