CommVault Systems IncSecurities fraud class action alleging misleading statements about ARR growth for FY2026.
Grabar Law Office is investigating claims on behalf of long-term shareholders of Commvault Systems, Hub Group, New Era Energy and Digital, and Power Solutions International. The investigations concern whether certain officers and directors at each company breached their fiduciary duties. For Commvault, the probe follows a securities fraud class action alleging misleading statements about projected annual recurring revenue growth for fiscal year 2026. The Hub Group investigation relates to a complaint claiming financial misstatements from the first quarter of 2023 through the third quarter of 2025 involving premature revenue recognition and understated transportation costs. New Era Energy and Digital faces allegations of making false statements about its Texas Critical Data Centers project, permitting progress, and related-party transactions, with a New Mexico Attorney General suit alleging a fraudulent oil-and-gas scheme. Power Solutions International is accused of overstating its ability to capture data center market demand and understating the impact of manufacturing capacity enhancements. Shareholders who purchased shares before specified dates and still hold them may seek corporate reforms and return of funds at no cost.
CommVault Systems IncSecurities fraud class action alleging misleading statements about ARR growth for FY2026.
Hub Group IncComplaint claiming financial misstatements from Q1 2023 through Q3 2025 involving premature revenue recognition and understated transportation costs.
New Era Energy & Digital, Inc.Allegations of false statements about Texas Critical Data Centers project, permitting progress, and related-party transactions; New Mexico AG suit alleging fraudulent oil-and-gas scheme.
Power Solutions International, Inc. Common StockAccused of overstating ability to capture data center market demand and understating impact of manufacturing capacity enhancements.