An investigation on behalf of investors in CommVault Systems, Inc. (NASDAQ:CVLT) shares over potential wrongdoing at CommVault Systems, Inc. was announced and NASDAQ:CVLT stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWire) -- 01/26/2017 --An investigation was announced for long-term investors in shares of CommVault Systems, Inc. (NASDAQ:CVLT) concerning potential breaches of fiduciary duties by certain directors at CommVault Systems.

Investors who purchased shares of CommVault Systems, Inc. (NASDAQ:CVLT) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm concerns whether certain CommVault Systems officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

CommVault Systems, Inc. reported that its annual Total Revenue declined from $607.54 million for the 12 months period that ended on March 31, 2015 to $595.13 million for the 12 months period that ended on March 31, 2016 and that its Net Income for those respective time period fell from $25.65 million to $0.14 million.

Shares of CommVault Systems, Inc. (NASDAQ:CVLT) grew from $31.45 per share in January 2016 to as high as $57.20 per share in November 2016.

On January 25, 2017, NASDAQ:CVLT shares closed at $56.80 per share.

Those who purchased shares of CommVault Systems, Inc. have certain options and should contact the Shareholders Foundation.