{"id":968626,"date":"2026-05-29T09:04:18","date_gmt":"2026-05-29T13:04:18","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cvlt-shareholder-alert-commvault-systems-inc-securities-class-action-lawsuit-investors-should-contact-the-gross-law-firm\/"},"modified":"2026-05-29T09:04:18","modified_gmt":"2026-05-29T13:04:18","slug":"cvlt-shareholder-alert-commvault-systems-inc-securities-class-action-lawsuit-investors-should-contact-the-gross-law-firm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cvlt-shareholder-alert-commvault-systems-inc-securities-class-action-lawsuit-investors-should-contact-the-gross-law-firm\/","title":{"rendered":"CVLT Shareholder Alert: Commvault Systems, Inc. Securities Class Action Lawsuit &#8211; Investors Should Contact The Gross Law Firm"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">NEW YORK, May  29, 2026  (GLOBE NEWSWIRE) &#8212; The Gross Law Firm issues the following notice to shareholders of\u00a0<strong>Commvault Systems, Inc. (NASDAQ: CVLT).<\/strong><\/p>\n<p align=\"left\">Shareholders who purchased shares of CVLT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.<\/p>\n<p align=\"center\">CONTACT US HERE:<\/p>\n<p align=\"center\">\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=qcaWb2Rqf0XSIHg9rkm-uXqfvOYor2Gm6HLPhmuEQSvkR-maaxeg3h4TKROeEyLX_5FaNyPiTOJmp2VaVqby-IZQzzfT2u4nJiC4fH3oZGFr1V5Cui8RJ3QtU0Vu1hZht6hB5h6lfpBVAcdwYQDllwqXdTVHzAbkwLxQuV5JfuGiH9wVpKP8RSWbBn_gK8mikZGBiGaZRRwAh9KiNhIedNwcelI2_X-qiqZb7qwbu9HLSlPTKF4gRFiVQgSjjMaOL2yLZGJdye2KZ3ciKqyVfEWG9W_RlqMEeFT8tplEBO2YXBASWK46kmAx-0Zb31Or\" rel=\"nofollow\" target=\"_blank\">https:\/\/securitiesclasslaw.com\/securities\/commvault-systems-inc-loss-submission-form\/?id=187146&amp;from=3<\/a>\n      <\/p>\n<p align=\"left\">\n        <strong>CLASS PERIOD: <\/strong>April 29, 2025 to January 26, 2026<\/p>\n<p align=\"left\">\n        <strong>ALLEGATIONS: <\/strong>According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and\/or concealing material adverse facts concerning the true state of Commvault\u2019s ARR growth environment; pertinently, Commvault knew or recklessly disregarded that the Company\u2019s ARR growth guidance failed to properly factor in crucial variables, such as the type of sale. On January 27, 2026, Commvault published third quarter 2026 fiscal results, which included ARR growth below the guidance provided by the Company. In particular, ARR growth for the third quarter 2026 was $39 million, which fell short of the $45 million projection provided. Following this news, the price of Commvault\u2019s common stock declined dramatically. From a closing market price of $129.36 per share on January 26, 2026, Commvault\u2019s stock price fell to $89.13 per share on January 27, 2026, a decline of over 31% in a single day.<\/p>\n<p align=\"left\">\n        <strong>DEADLINE: July 17, 2026<\/strong> Shareholders should not delay in registering for this class action. Register your information here: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=qcaWb2Rqf0XSIHg9rkm-uXqfvOYor2Gm6HLPhmuEQSvkR-maaxeg3h4TKROeEyLX_5FaNyPiTOJmp2VaVqby-IZQzzfT2u4nJiC4fH3oZGFr1V5Cui8RJ3QtU0Vu1hZht6hB5h6lfpBVAcdwYQDll05OkPnS-RGQgUpI5VIna39gPBjHYNvCA5Kli28Wqe0BCoYE6jTUVhySsDHP973F5YKpH-GQkqHUi8ClrCmvrPjDAmJNktxpKXqvcwgd6jkRThXqU4qrUzuM8QTWauRRwZn5iYu7SajVHQM4oKyQReeTgJw2vPl4u0KngL6AAnGN\" rel=\"nofollow\" target=\"_blank\">https:\/\/securitiesclasslaw.com\/securities\/commvault-systems-inc-loss-submission-form\/?id=187146&amp;from=3<\/a><\/p>\n<p align=\"left\">\n        <strong>NEXT STEPS FOR SHAREHOLDERS: <\/strong>Once you register as a shareholder who purchased shares of CVLT during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is July 17, 2026. There is no cost or obligation to you to participate in this case.<\/p>\n<p align=\"left\">\n        <strong>WHY GROSS LAW FIRM? <\/strong>The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and\/or misleading statements or the omission of material information by a company lead to artificial inflation of the company&#8217;s stock. Attorney advertising. Prior results do not guarantee similar outcomes.<\/p>\n<p align=\"left\">\n        <strong>CONTACT:<\/strong><br \/>\n        <br \/>The Gross Law Firm<br \/>15 West 38th Street, 12th floor<br \/>New York, NY, 10018<br \/>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Zk52aM4747X1RkDUQJ1wvL-973nkMIa8Czu1Qeq9U1UxBW4zlgT6RhcbJHO269tzIvsdl8nspBp09bYTd4Twxbec2W_yEXP4UZQ8-l0QDq1TcuvYLXGQfqHHkoS5TStI\" rel=\"nofollow\" target=\"_blank\">dg@securitiesclasslaw.com<\/a><br \/>Phone: (646) 453-8903<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTcyODI2NiM3NjI2MTE3IzIyNTg5MTc=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/YzkzNjMwMDgtOTRiOC00MjdiLWE0MWEtOWZlNmVkYzY2YWQ3LTEyNzA0NjctMjAyNi0wNS0yOS1lbg==\/tiny\/The-Gross-Law-Firm.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, May 29, 2026 (GLOBE NEWSWIRE) &#8212; The Gross Law Firm issues the following notice to shareholders of\u00a0Commvault Systems, Inc. (NASDAQ: CVLT). Shareholders who purchased shares of CVLT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https:\/\/securitiesclasslaw.com\/securities\/commvault-systems-inc-loss-submission-form\/?id=187146&amp;from=3 CLASS PERIOD: April 29, 2025 to January 26, 2026 ALLEGATIONS: According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and\/or concealing material adverse facts concerning the true state of Commvault\u2019s ARR growth environment; pertinently, Commvault knew or recklessly disregarded that the Company\u2019s ARR growth guidance failed &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cvlt-shareholder-alert-commvault-systems-inc-securities-class-action-lawsuit-investors-should-contact-the-gross-law-firm\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;CVLT Shareholder Alert: Commvault Systems, Inc. Securities Class Action Lawsuit &#8211; Investors Should Contact The Gross Law Firm&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-968626","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CVLT Shareholder Alert: Commvault Systems, Inc. Securities Class Action Lawsuit - Investors Should Contact The Gross Law Firm - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cvlt-shareholder-alert-commvault-systems-inc-securities-class-action-lawsuit-investors-should-contact-the-gross-law-firm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CVLT Shareholder Alert: Commvault Systems, Inc. Securities Class Action Lawsuit - Investors Should Contact The Gross Law Firm - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, May 29, 2026 (GLOBE NEWSWIRE) &#8212; The Gross Law Firm issues the following notice to shareholders of\u00a0Commvault Systems, Inc. (NASDAQ: CVLT). Shareholders who purchased shares of CVLT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https:\/\/securitiesclasslaw.com\/securities\/commvault-systems-inc-loss-submission-form\/?id=187146&amp;from=3 CLASS PERIOD: April 29, 2025 to January 26, 2026 ALLEGATIONS: According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and\/or concealing material adverse facts concerning the true state of Commvault\u2019s ARR growth environment; pertinently, Commvault knew or recklessly disregarded that the Company\u2019s ARR growth guidance failed &hellip; Continue reading &quot;CVLT Shareholder Alert: Commvault Systems, Inc. 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Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https:\/\/securitiesclasslaw.com\/securities\/commvault-systems-inc-loss-submission-form\/?id=187146&amp;from=3 CLASS PERIOD: April 29, 2025 to January 26, 2026 ALLEGATIONS: According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and\/or concealing material adverse facts concerning the true state of Commvault\u2019s ARR growth environment; pertinently, Commvault knew or recklessly disregarded that the Company\u2019s ARR growth guidance failed &hellip; Continue reading \"CVLT Shareholder Alert: Commvault Systems, Inc. Securities Class Action Lawsuit &#8211; Investors Should Contact The Gross Law Firm\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/cvlt-shareholder-alert-commvault-systems-inc-securities-class-action-lawsuit-investors-should-contact-the-gross-law-firm\/","og_site_name":"Market Newsdesk","article_published_time":"2026-05-29T13:04:18+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTcyODI2NiM3NjI2MTE3IzIyNTg5MTc=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cvlt-shareholder-alert-commvault-systems-inc-securities-class-action-lawsuit-investors-should-contact-the-gross-law-firm\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cvlt-shareholder-alert-commvault-systems-inc-securities-class-action-lawsuit-investors-should-contact-the-gross-law-firm\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"CVLT Shareholder Alert: Commvault Systems, Inc. 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