Core Viewpoint - Kessler Topaz Meltzer & Check, LLP is investigating potential violations of federal securities laws on behalf of investors of Commvault Systems, Inc. following a significant decline in stock price after the company reported its third-quarter financial results for fiscal 2026 [1] Financial Performance - Commvault reported a 40% growth in SaaS ARR, reaching $364 million for the third quarter of fiscal 2026, which is a deceleration from the 56% growth reported in the second quarter of fiscal 2026 [1] - The company indicated that 60% of its deals closed in the last few weeks of the quarter [1] Stock Market Reaction - Following the financial results announcement, Commvault's stock price fell by $40.23 per share, approximately 31.1%, from a closing price of $129.36 on January 26, 2026, to $89.13 on January 27, 2026 [1]
CVLT Investigation: Kessler Topaz Meltzer & Check, LLP Encourages Commvault Systems, Inc. (NASDAQ: CVLT) Investors to Contact the Firm