NEW YORK, May  19, 2026  (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP announces that a shareholder has filed a securities class action lawsuit on behalf of investors (the &#34;Class&#34;) who purchased or acquired the securities

CVLT

COMMVAULT SYSTEMS, INC. (CVLT) INVESTOR ALERT: Investors Who Suffered Losses Encouraged to Contact Bernstein Liebhard LLP

Commvault Faces Class Action Over Alleged Misleading Statements

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>NEW YORK, May  19, 2026  (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP announces that a shareholder has filed a securities class action lawsuit on behalf of investors (the &amp;#34;Class&amp;#34;) who purchased or acquired the securities</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>A class action lawsuit has been initiated against Commvault Systems (CVLT), alleging misleading statements regarding its operations and financial stability. This legal issue could lead to potentially significant financial liabilities for the company, impacting investor sentiment and stock performance in the near term.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>A class action lawsuit has been filed against Commvault Systems (CVLT).</li><li>The lawsuit alleges false statements about business operations and growth prospects.</li><li>Investors suffered significant losses as stock prices declined following revelations.</li><li>Investors can join the class action by filing by July 17, 2026.</li><li>All representation is contingent fee; investors pay no upfront costs.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Commvault Systems, Inc. (CVLT)</strong>: Facing a lawsuit that may negatively impact stock valuation.</li></ul>
  </section>

  <section data-block="category">
    <h3>Legal</h3>
    <p>This falls under &#039;Legal&#039; as it pertains to allegations of misleading statements that could lead to significant financial implications for Commvault and its shareholders.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>The stock could see volatility as the lawsuit progresses.</li><li>If more damaging information surfaces, stock could drop further.</li><li>Investor sentiment may decline as legal risks grow.</li><li>Potential financial settlements could strain Commvault&#039;s resources.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>The class action covers securities purchased between April 29, 2025, and January 26, 2026.</li><li>Lawsuit claims violations led to inflated stock prices, causing losses.</li><li>Investors can act until July 17, 2026, for participation.</li><li>Representation is on a contingency fee basis.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Consider shorting CVLT due to potential financial and reputational damage from the lawsuit.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify">NEW YORK, May  19, 2026  (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP announces that a shareholder has filed a securities class action lawsuit on behalf of investors (the "Class") who purchased or acquired the securities of Commvault Systems, Inc. ("Commvault" or the "Company") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/CVLT">CVLT</a>) between <strong>April 29, 2025 and January 26, 2026</strong>, inclusive.<br></br></p>  <p align="justify"><strong>What To Do Next:</strong></p>  <p align="justify">Investors are encouraged to act promptly and submit a form at <a href="https://www.globenewswire.com/Tracker?data=dw0oG4ECAuU4jIRtlx4K3vYceCFh7mv6WT8tQreAcXnsHfeTsZAGVfAo97hIbKLFvsDPROiWMUM35q23hUraJ4De4F0T1LxEumZyhwrkwR-dx7bWz_8B0julG53BPhukMs6Xjw_hH6p1u24JDDisFFhJsnLWOOgb3G33rvF69_lwbHmM-q0SJ88beR0flxcuf02oqvK31Z8pFyfUoBuNMdiPzOabdtd0hwumHKNIwx_k_E38nWmT1aTIjJ10IjV3FvFjc_4pKNZ8I0UK7bOs7A==" rel="nofollow" target="_blank">Commvault Systems, Inc. Shareholder Class Action Lawsuit</a>, email Investor Relations Manager Peter Allocco at <a href="https://www.globenewswire.com/Tracker?data=bzYIUQcP0PYk2DS9dfCjPw_lPlHRyVUJ0Xv5rJJG5yRQwshjx8Cvwm_LP05pQtpl630GB8T9K2ZcvSh-MjCFkqsioYBgISuTIdmx7BwOpok=" rel="nofollow" target="_blank">pallocco@bernlieb.com</a>, or call us at (212) 951-2030.</p>  <p align="justify">If you wish to serve as lead plaintiff for the Class, you must file papers by <strong>July 17, 2026</strong>. A lead plaintiff is a representative party acting on other class members' behalf in directing the litigation. Your ability to share in any recovery doesn't require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.</p>  <p align="justify">All representation is on a contingency fee basis. Shareholders pay no fees or expenses.</p>  <p align="justify"><strong>About The Lawsuit:</strong></p>  <p align="justify">The lawsuit alleges that defendants made <strong>materially false and misleading statements and omissions</strong> regarding the Company's business operations, growth prospects, and financial stability. As a result of these alleged misrepresentations, Commvault securities traded at artificially inflated prices during the Class Period. As the truth began to emerge, the Company's stock price declined, <strong>causing investors to suffer significant losses</strong>.</p>  <p align="justify"><strong>About Bernstein Liebhard:</strong></p>  <p align="justify">Since 1993, <a href="https://www.globenewswire.com/Tracker?data=xCw5aBegfX0674fp6_O1QoCKmjR6JNXGJq5Pk2KiSY5brxB_etKuoqQHP6xSBf4-zXQDfqXMG4HI_cks89K6qkax9iB_pEgmwg1QyYcBzC4=" rel="nofollow" target="_blank">Bernstein Liebhard LLP</a> has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of class actions, the Firm has been named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for sixteen consecutive years.</p>  <p align="justify">ATTORNEY ADVERTISING. &#xA9; 2026 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. Prior results do not guarantee or predict a similar outcome with respect to any future matter.</p>  <p><strong>Contact Information:</strong></p>  <p><strong>Peter Allocco</strong><br></br>Investor Relations Manager<br></br>Bernstein Liebhard LLP<br></br><a href="https://www.globenewswire.com/Tracker?data=XxwDrlU4-b5Pagk-v4IezMksBwe6cDnbl2U37LrNslAsJOKOBxN0T9Aq7CfCotdIAyXaTT0oI6aNBL3UoVAvNofirsX_WrP7PwikUOgreZ8=" rel="nofollow" target="_blank">https://www.bernlieb.com</a><br></br>(212) 951-2030<br></br><a href="https://www.globenewswire.com/Tracker?data=bzYIUQcP0PYk2DS9dfCjPw_lPlHRyVUJ0Xv5rJJG5yTfmnqs9fUB2YmUmGOXfD7MsdHaS9m-xL4vZ7BZmX6YgeSn-2YAc5mci2a0HG5Mr4Q=" rel="nofollow" target="_blank">pallocco@bernlieb.com</a></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTcyMzEwNCM3NjExMzQ5IzIwMjkzNDk="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/ZWFjYThhZTAtZmE3Ny00OTEyLTkxYjEtZDAyM2Y0MzRjNzFjLTEwNDA5MjAtMjAyNi0wNS0xOS1lbg==/tiny/Bernstein-Liebhard-LLP.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/5d514042-8326-4555-8ad7-f6cc765ecfcd"><img src="https://ml.globenewswire.com/media/5d514042-8326-4555-8ad7-f6cc765ecfcd/small/bl-new-logo-jpg.jpg" border="0" width="150" height="150" alt="Primary Logo"></img></a></p>

A class action lawsuit has been initiated against Commvault Systems (CVLT), alleging misleading statements regarding its operations and financial stability. This legal issue could lead to potentially significant financial liabilities for the company, impacting investor sentiment and stock performance in the near term.

COMMVAULT SYSTEMS, INC. (CVLT) INVESTOR ALERT: Investors Who Suffered Losses Encouraged to Contact Bernstein Liebhard LLP

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Legal

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