{"success":true,"data":{"pressRelease":{"id":"51252","rtpr_id":"nPnKfj9Za","ticker":"CVLT","exchange":"NASDAQ","all_tickers":["CVLT"],"title":"Robbins LLP Urges CVLT Stockholders Who Lost Money Investing in Commvault Systems, Inc. to Contact the Firm for Information About Leading the Class Action","author":"PR Newswire","published_at":"2026-06-01T19:28:00.026Z","article_body":"Robbins LLP Urges CVLT Stockholders Who Lost Money Investing in Commvault Systems, Inc. to Contact the Firm for Information About Leading the Class Action\n\nPR Newswire\n\nSAN DIEGO, June 1, 2026\n\nSAN DIEGO, June 1, 2026 /PRNewswire/ -- Robbins LLP\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4701069-1&h=3656764992&u=https%3A%2F%2Frobbinsllp.com%2Fcommvault-systems-inc-2%2F&a=Robbins+LLP)\n reminds stockholders that a class action was filed on behalf of all\ninvestors who purchased or otherwise acquired Commvault Systems, Inc. (NASDAQ:\nCVLT) securities between April 29, 2025 and January 26, 2026. Commvault is a\ndata protection company.\n\n(https://mma.prnewswire.com/media/1321386/Robbins_LLP_Logo.html)\n\nFor more information, submit a form\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4701069-1&h=1386883850&u=https%3A%2F%2Frobbinsllp.com%2Fcommvault-systems-inc-2%2F&a=form)\n, email (mailto:adumas@robbinsllp.com) attorney Aaron Dumas, Jr., or give us a\ncall at (800) 350-6003.\n\nWhat is the class period? April 29, 2025 – January 26, 2026\n\nWhat are the allegations? Robbins LLP is Investigating Allegations that\nCommvault Systems, Inc. (CVLT) Misled Investors Regarding its Annualized\nRecurring Revenue Growth\n\nAccording to the complaint, during the class period defendants created the\nfalse impression that Commvault's annualized recurring revenue (ARR) growth\nwould remain steady throughout fiscal year 2026. Plaintiff alleges that\nCommvault knew or recklessly disregarded that the Company's ARR growth\nguidance failed to properly factor in crucial variables, such as the type of\nsale. Such statements absent these material facts caused Plaintiff and other\nshareholders to purchase Commvault's securities at artificially inflated\nprices.\n\nPlaintiff then alleges that the truth was revealed on January 27, 2026, when\nCommvault published third quarter 2026 fiscal results, which included ARR\ngrowth below the guidance provided by the Company. Commvault reported ARR\ngrowth for the third quarter 2026 was $39 million, which fell short of the $45\nmillion projection provided. On this news, the price of Commvault's common\nstock declined from a closing price of $129.36 per share on January 26, 2026,\nto $89.13 per share on January 27, 2026, a decline of over 31% in a single\nday.\n\nWhat can shareholders do now? You may be eligible to participate in the class\naction against Commvault Systems, Inc. Shareholders who wish to serve as lead\nplaintiff for the class must submit their papers with the court by July 17,\n2026. The lead plaintiff is a representative party who acts on behalf of other\nclass members in directing the litigation. You do not have to participate in\nthe case to be eligible for a recovery. If you choose to take no action, you\ncan remain an absent class member. For more information, click here\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4701069-1&h=3240176008&u=https%3A%2F%2Frobbinsllp.com%2Fcommvault-systems-inc-2%2F&a=here)\n.\n\nAll representation is on a contingency fee basis. Shareholders pay no fees or\nexpenses.\n\nAbout Robbins LLP: A recognized leader in shareholder rights litigation, the\nattorneys and staff of Robbins LLP\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4701069-1&h=593319788&u=https%3A%2F%2Frobbinsllp.com%2F&a=Robbins+LLP)\nhave been dedicated to helping shareholders recover losses, improve corporate\ngovernance structures, and hold company executives accountable for their\nwrongdoing since 2002.\n\nTo be notified if a class action against Commvault Systems, Inc. settles or to\nreceive free alerts when corporate executives engage in wrongdoing, sign up\nfor Stock Watch\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4701069-1&h=2219261394&u=https%3A%2F%2Frobbinsllp.com%2Fstock-watch%2F&a=Stock+Watch)\n today.\n\nAttorney Advertising. Past results do not guarantee a similar outcome.\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/robbins-llp-urges-cvlt-stockholders-who-lost-money-investing-in-commvault-systems-inc-to-contact-the-firm-for-information-about-leading-the-class-action-302787491.html\n(https://www.prnewswire.com/news-releases/robbins-llp-urges-cvlt-stockholders-who-lost-money-investing-in-commvault-systems-inc-to-contact-the-firm-for-information-about-leading-the-class-action-302787491.html)\n\nSOURCE Robbins LLP\n\n\n\nAaron Dumas, Jr., Robbins LLP, 5060 Shoreham Pl., Ste. 300, San Diego, CA 92122, adumas@robbinsllp.com, (800) 350-6003, www.robbinsllp.com\n\nPhoto: \nhttps://mma.prnewswire.com/media/1321386/Robbins_LLP_Logo.jpg\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPnKfj9Za","title":"Robbins LLP Urges CVLT Stockholders Who Lost Money Investing in Commvault Systems, Inc. to Contact the Firm for Information About Leading the Class Action","author":"PR Newswire","ticker":"CVLT","created":"2026-06-01T19:28:00.026Z","tickers":["CVLT"],"exchange":"NASDAQ","article_body":"Robbins LLP Urges CVLT Stockholders Who Lost Money Investing in Commvault Systems, Inc. to Contact the Firm for Information About Leading the Class Action\n\nPR Newswire\n\nSAN DIEGO, June 1, 2026\n\nSAN DIEGO, June 1, 2026 /PRNewswire/ -- Robbins LLP\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4701069-1&h=3656764992&u=https%3A%2F%2Frobbinsllp.com%2Fcommvault-systems-inc-2%2F&a=Robbins+LLP)\n reminds stockholders that a class action was filed on behalf of all\ninvestors who purchased or otherwise acquired Commvault Systems, Inc. (NASDAQ:\nCVLT) securities between April 29, 2025 and January 26, 2026. Commvault is a\ndata protection company.\n\n(https://mma.prnewswire.com/media/1321386/Robbins_LLP_Logo.html)\n\nFor more information, submit a form\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4701069-1&h=1386883850&u=https%3A%2F%2Frobbinsllp.com%2Fcommvault-systems-inc-2%2F&a=form)\n, email (mailto:adumas@robbinsllp.com) attorney Aaron Dumas, Jr., or give us a\ncall at (800) 350-6003.\n\nWhat is the class period? April 29, 2025 – January 26, 2026\n\nWhat are the allegations? Robbins LLP is Investigating Allegations that\nCommvault Systems, Inc. (CVLT) Misled Investors Regarding its Annualized\nRecurring Revenue Growth\n\nAccording to the complaint, during the class period defendants created the\nfalse impression that Commvault's annualized recurring revenue (ARR) growth\nwould remain steady throughout fiscal year 2026. Plaintiff alleges that\nCommvault knew or recklessly disregarded that the Company's ARR growth\nguidance failed to properly factor in crucial variables, such as the type of\nsale. Such statements absent these material facts caused Plaintiff and other\nshareholders to purchase Commvault's securities at artificially inflated\nprices.\n\nPlaintiff then alleges that the truth was revealed on January 27, 2026, when\nCommvault published third quarter 2026 fiscal results, which included ARR\ngrowth below the guidance provided by the Company. Commvault reported ARR\ngrowth for the third quarter 2026 was $39 million, which fell short of the $45\nmillion projection provided. On this news, the price of Commvault's common\nstock declined from a closing price of $129.36 per share on January 26, 2026,\nto $89.13 per share on January 27, 2026, a decline of over 31% in a single\nday.\n\nWhat can shareholders do now? You may be eligible to participate in the class\naction against Commvault Systems, Inc. Shareholders who wish to serve as lead\nplaintiff for the class must submit their papers with the court by July 17,\n2026. The lead plaintiff is a representative party who acts on behalf of other\nclass members in directing the litigation. You do not have to participate in\nthe case to be eligible for a recovery. If you choose to take no action, you\ncan remain an absent class member. For more information, click here\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4701069-1&h=3240176008&u=https%3A%2F%2Frobbinsllp.com%2Fcommvault-systems-inc-2%2F&a=here)\n.\n\nAll representation is on a contingency fee basis. Shareholders pay no fees or\nexpenses.\n\nAbout Robbins LLP: A recognized leader in shareholder rights litigation, the\nattorneys and staff of Robbins LLP\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4701069-1&h=593319788&u=https%3A%2F%2Frobbinsllp.com%2F&a=Robbins+LLP)\nhave been dedicated to helping shareholders recover losses, improve corporate\ngovernance structures, and hold company executives accountable for their\nwrongdoing since 2002.\n\nTo be notified if a class action against Commvault Systems, Inc. settles or to\nreceive free alerts when corporate executives engage in wrongdoing, sign up\nfor Stock Watch\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4701069-1&h=2219261394&u=https%3A%2F%2Frobbinsllp.com%2Fstock-watch%2F&a=Stock+Watch)\n today.\n\nAttorney Advertising. Past results do not guarantee a similar outcome.\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/robbins-llp-urges-cvlt-stockholders-who-lost-money-investing-in-commvault-systems-inc-to-contact-the-firm-for-information-about-leading-the-class-action-302787491.html\n(https://www.prnewswire.com/news-releases/robbins-llp-urges-cvlt-stockholders-who-lost-money-investing-in-commvault-systems-inc-to-contact-the-firm-for-information-about-leading-the-class-action-302787491.html)\n\nSOURCE Robbins LLP\n\n\n\nAaron Dumas, Jr., Robbins LLP, 5060 Shoreham Pl., Ste. 300, San Diego, CA 92122, adumas@robbinsllp.com, (800) 350-6003, www.robbinsllp.com\n\nPhoto: \nhttps://mma.prnewswire.com/media/1321386/Robbins_LLP_Logo.jpg\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-06-01T19:28:00.081213355Z","server_sent_at_ms":1780342080081},"received_at":"2026-06-01T19:28:00.134Z","source_url":"https://www.prnewswire.com/news-releases/robbins-llp-urges-cvlt-stockholders-who-lost-money-investing-in-commvault-systems-inc-to-contact-the-firm-for-information-about-leading-the-class-action-302787491.html"},"analysis":{"id":"40684","press_release_id":"51252","analysis_json":{"industry":{"label":"Software","sector":"Information Technology"},"redFlags":[],"eventType":"legal_litigation","narrative":"Robbins LLP issued a shareholder solicitation urging CVLT investors with losses to contact the firm regarding a pending class action lawsuit.\n\nThe release cites allegations that Commvault misled investors about ARR growth, referencing a prior 31% stock drop when Q3 results missed guidance.\n\nThis is a routine law-firm marketing notice soliciting lead plaintiffs; it contains no new disclosure from Commvault itself and does not alter the legal or financial status of the company.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Plaintiff-firm solicitation -- suppress."},"keyFigures":{},"quotedText":"Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Commvault Systems, Inc. (NASDAQ: CVLT) securities between April 29, 2025 and January 26, 2026.","namedEntities":{"people":[{"name":"Aaron Dumas, Jr.","role":"Attorney, Robbins LLP"}],"products":[],"companies":[{"name":"Commvault Systems, Inc.","ticker":"CVLT","relationship":"defendant"},{"name":"Robbins LLP","relationship":"plaintiff law firm"}],"dollarAmounts":[{"amount":"$39 million","context":"Q3 FY26 ARR growth reported by Commvault"},{"amount":"$45 million","context":"ARR growth projection/guidance"},{"amount":"$129.36","context":"stock closing price on Jan 26, 2026"},{"amount":"$89.13","context":"stock closing price on Jan 27, 2026"}]},"materialImpact":{"score":1,"reasoning":"This is a plaintiff law-firm solicitation issued by Robbins LLP, not an issuer disclosure. It contains no new material facts from the company, no class certification, and no settlement. Per guardrails, such releases are scored as low-impact noise."},"tickerRelevance":{"others":[],"primary":"CVLT"},"globalImportance":15,"audienceRelevance":10,"eventTypeSecondary":[],"importanceComponents":{"note":"Downscored per guardrails for plaintiff-firm marketing","tickerTier":"mid-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Robbins LLP issued a shareholder solicitation urging CVLT investors with losses to contact the firm regarding a pending class action lawsuit.\n\nThe release cites allegations that Commvault misled investors about ARR growth, referencing a prior 31% stock drop when Q3 results missed guidance.\n\nThis is a routine law-firm marketing notice soliciting lead plaintiffs; it contains no new disclosure from Commvault itself and does not alter the legal or financial status of the company.","key_figures":{},"named_entities":{"people":[{"name":"Aaron Dumas, Jr.","role":"Attorney, Robbins LLP"}],"products":[],"companies":[{"name":"Commvault Systems, Inc.","ticker":"CVLT","relationship":"defendant"},{"name":"Robbins LLP","relationship":"plaintiff law firm"}],"dollarAmounts":[{"amount":"$39 million","context":"Q3 FY26 ARR growth reported by Commvault"},{"amount":"$45 million","context":"ARR growth projection/guidance"},{"amount":"$129.36","context":"stock closing price on Jan 26, 2026"},{"amount":"$89.13","context":"stock closing price on Jan 27, 2026"}]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-06-01T19:28:52.870Z","global_importance":15,"audience_relevance":10,"importance_components":{"note":"Downscored per guardrails for plaintiff-firm marketing","tickerTier":"mid-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"durationMs":52727,"modelName":"george-droid-qwen-72b"}}