Commvault Systems, Inc. (CVLT) Under Investigation for Potential Securities Law Violations - Contact Levi & Korsinsky Today

Core Viewpoint - Commvault Systems, Inc. is under investigation for potential violations of federal securities laws following a significant decline in stock price after reporting third-quarter financial results that indicated a slowdown in growth [1][3]. Financial Performance - Commvault reported a 40% growth in SaaS ARR, reaching $364 million for the third quarter of fiscal 2026, which ended on December 31, 2025 [2]. - This 40% growth represents a notable deceleration from the 56% growth reported in the second quarter of fiscal 2026 [2]. Stock Market Reaction - Following the earnings report, Commvault's stock experienced a decline of over 31% on January 27, 2026 [3].