GlobeNewsWire
28 Jun 2026, 16:00 UTC · 3h ago
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A class action lawsuit has been filed against CommVault Systems, Inc. (CVLT) and its officers for alleged violations of federal securities laws. — Securities litigation creates legal uncertainty, potential financial liabilities, and suggests a lack of transparency in company disclosures.
-0.40The lawsuit alleges that CommVault made materially false and misleading statements or failed to disclose critical information between April 29, 2025, and January 26, 2026. — Allegations of misleading statements specifically target management's credibility and the reliability of previously reported financial or operational data.
-0.30Which stocks this story touches
The company is facing a class action lawsuit alleging violations of federal securities laws and misleading statements.
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The company is the subject of a new class action lawsuit alleging securities fraud violations.
The company is the subject of a new class action lawsuit alleging securities fraud violations.
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