Track market-moving stories before they get noisy

American Water's growth is supported by new rates, acquisitions, merger plans and major capital investments, though regulation and aging infrastructure pose risks.

, /PRNewswire/ -- As summer begins in communities, California American Water is encouraging customers to take simple steps to use water more efficiently and help protect local water supplies.

"At California American Water, wise water use is more than a seasonal concern, it's an everyday commitment," said Sarah Leeper, President of California American Water. "As temperatures rise and water demand increase during the summer months, simple actions taken at home can make a meaningful difference in helping protect local water resources."

California American Water encourages customers to practice wise water use habits throughout the summer. From adjusting your watering schedule to fixing household leaks, every drop counts. Here are some helpful outdoor tips:

Water early in the morning or later in the day and even at night to minimize evaporation. As much as 30 percent of water can be lost by watering during midday. Make use of rainwater by collecting it in rain barrels for use on outdoor plants and gardens. Check sprinkler heads to help ensure water isn't being wasted on pavement or unwanted areas. Use a broom instead of a hose to clean patios, driveways and sidewalks. Mulch garden beds to retain moisture and prevent weeds. A two- to three-inch layer is typically effective. Set your mower blades higher. Grass cut to 2.5 to 3.5 inches is more drought-resistant and healthier overall. Check for leaks. Even small leaks can waste thousands of gallons of water each year. Ten percent of homes have leaks that can waste 90 gallons or more per day.   California American Water customers can monitor water usage through MyWater, the company's customer self-service portal which provides up to two years of usage data. MyWater also contains information about budget billing, customer assistance programs and more.

For more tips and resources, visit California American Water's conservation page.

About American Water 
American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886 and celebrating 140 years in 2026, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to approximately 14 million people with regulated operations in 14 states and on 18 military installations. American Water's approximately 7,000 talented professionals leverage their significant expertise and the company's national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders. For more information, visit amwater.com and join American Water on LinkedIn, Facebook, X and Instagram.

About California American Water
California American Water, a subsidiary of American Water with approximately 300 dedicated employees, provides safe, clean, reliable and affordable water and wastewater services to approximately 720,000 people.   

SOURCE American Water

Social Media #moveover Campaign Reinforces Scott's Law

, /PRNewswire/ -- As the National Safety Council's National Safety Month ends, Illinois American Water reminds motorists to move over for safety. As part of the #moveover campaign, Illinois American Water employees are being featured on the company's Facebook page. Posts highlight the importance of moving over for law enforcement, emergency, utility work and other vehicles displaying warning lights and reinforce Scott's Law.

Scott's Law, 625 ILCS 5/11-907(c), is a mandatory move over law in the state of Illinois. The law requires all motorists to move over when encountering stopped or disabled vehicles displaying warning lights. Illinois expanded requirements for motorists with hazard lights activated along highways. Scott's Law was named in honor of Scott Gillen of the Chicago Fire Department who was struck and killed by a drunk driver while assisting at a crash on a Chicago Expressway.

When approaching a stationary emergency vehicle that is displaying or flashing warning lights, Illinois motorists must:

Slow down Drive with caution Move over to another lane Reduce speed if changing lanes is unsafe When entering a highway construction area, Illinois law requires motorists to:

Slow down Discontinue wireless use Yield or change lanes away from any authorized vehicles or workers in the area Craig Watson, a field service representative in Illinois American Water's Peoria service area, participates in the company's #moveover campaign "to remind drivers that small decisions when made behind the wheel can make a big difference." He continued, "We know sometimes our work can cause temporary inconveniences or disrupt traffic. We do everything we can to restore service and return roadways to normal — without ever compromising safety. When motorists slow down and move over, they create a safer environment for workers, drivers and passengers alike. It's an important and simple act of diligence that shows we're all looking out for one another. That kind of responsibility can save lives."

To learn more about Illinois American Water's commitment to safety, please visit illinoisamwater.com.

About American Water 
American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886 and celebrating 140 years in 2026, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to approximately 14 million people with regulated operations in 14 states and on 18 military installations. American Water's approximately 7,000 talented professionals leverage their significant expertise and the company's national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders.

For more information, visit amwater.com and join American Water on LinkedIn, Facebook, X and Instagram. 

About Illinois American Water
Illinois American Water, a subsidiary of American Water (NYSE: AWK), is the largest regulated water utility in the state with approximately 600 dedicated employees working to provide safe, clean, reliable and affordable water and wastewater services to approximately 1.3 million people. American Water also operates a quality control and research laboratory in Belleville. 

SOURCE American Water

Illinois American Water Reminds Motorists to Move Over for Safety PR Newswire

BELLEVILLE, Ill., June 19, 2026

Social Media #moveover Campaign Reinforces Scott's Law

, /PRNewswire/ -- As the National Safety Council's National Safety Month ends, Illinois American Water reminds motorists to move over for safety. As part of the #moveover campaign, Illinois American Water employees are being featured on the company's Facebook page. Posts highlight the importance of moving over for law enforcement, emergency, utility work and other vehicles displaying warning lights and reinforce Scott's Law.

Scott's Law, 625 ILCS 5/11-907(c), is a mandatory move over law in the state of Illinois. The law requires all motorists to move over when encountering stopped or disabled vehicles displaying warning lights. Illinois expanded requirements for motorists with hazard lights activated along highways. Scott's Law was named in honor of Scott Gillen of the Chicago Fire Department who was struck and killed by a drunk driver while assisting at a crash on a Chicago Expressway.

When approaching a stationary emergency vehicle that is displaying or flashing warning lights, Illinois motorists must:

Slow downDrive with cautionMove over to another laneReduce speed if changing lanes is unsafeWhen entering a highway construction area, Illinois law requires motorists to:

Slow downDiscontinue wireless useYield or change lanes away from any authorized vehicles or workers in the areaCraig Watson, a field service representative in Illinois American Water's Peoria service area, participates in the company's #moveover campaign "to remind drivers that small decisions when made behind the wheel can make a big difference." He continued, "We know sometimes our work can cause temporary inconveniences or disrupt traffic. We do everything we can to restore service and return roadways to normal — without ever compromising safety. When motorists slow down and move over, they create a safer environment for workers, drivers and passengers alike. It's an important and simple act of diligence that shows we're all looking out for one another. That kind of responsibility can save lives."

To learn more about Illinois American Water's commitment to safety, please visit illinoisamwater.com.

About American Water
American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886 and celebrating 140 years in 2026, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to approximately 14 million people with regulated operations in 14 states and on 18 military installations. American Water's approximately 7,000 talented professionals leverage their significant expertise and the company's national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders.

For more information, visit amwater.com and join American Water on LinkedIn, Facebook, X and Instagram.

About Illinois American Water
Illinois American Water, a subsidiary of American Water (NYSE: AWK), is the largest regulated water utility in the state with approximately 600 dedicated employees working to provide safe, clean, reliable and affordable water and wastewater services to approximately 1.3 million people. American Water also operates a quality control and research laboratory in Belleville.

View original content to download multimedia:https://www.prnewswire.com/news-releases/illinois-american-water-reminds-motorists-to-move-over-for-safety-302805630.html

SOURCE American Water

One stock that has been shuffled to the side this year and largely overlooked is AppLovin (APP 1.90%). The stock price is down more than 20% on the year. However, a few Wall Street analysts see significant upside potential in it.

Among the analysts bullish on AppLovin stock is Evercore's Robert Coolbrith, who has an "outperform" rating and a $750 price target. Coolbrith believes the stock's valuation is compelling and sees early momentum in its newer e-commerce vertical. Morgan Stanley analysts are also bullish, with a $720 target, saying late last month that higher conversion rates could drive meaningful revenue and profits.

Citigroup, meanwhile, has a $710 price target on AppLovin and recently added the stock to its 90-day catalyst watch list, citing the growth potential in its increased marketing and in its platform becoming generally available later this month.

Image source: The Motley Fool.

Why the stock looks like a buy AppLovin has been one of the biggest beneficiaries of using artificial intelligence (AI) to drive growth in its core business. Since releasing its AI-powered Axon 2 engine in 2023, the adtech company has seen not only tremendous revenue growth but also expanding margins.

This continued last quarter, when the company grew its revenue by 59% to $1.84 billion. Meanwhile, its gross margins rose 220 basis points to 89%, while its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) margins climbed by 400 basis points.

Despite the company's robust growth over the past few years, it still has catalysts ahead. After operating a closed, managed service ecosystem, generally available only to large gaming app developers, it is opening a self-service platform for the first time this month. That should help bring in smaller gaming app developers and those from other industry verticals, such as e-commerce, which it has recently been courting.

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On top of that, AppLovin has said it is seeing tailwinds in the gaming industry as more large gaming developers look to introduce hybrid monetization models that include ads. Historically, some of the very top games, especially role-playing (RPG) and strategy games, have relied solely on in-game purchases, not wanting to advertise competing games. However, that has started to change, which could be a tailwind for AppLovin.

Even with its strong growth and opportunities, the stock remains attractively valued. It trades at a forward price-to-earnings (P/E) ratio of 31 based on 2026 analyst estimates, with a price/earnings-to-growth (PEG) ratio of under 0.5 times. A PEG ratio less than 1 is typically considered undervalued. Taken as a whole, the stock looks like a solid buy with some nice upside potential.

Citigroup is an advertising partner of Motley Fool Money. Geoffrey Seiler has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Evercore. The Motley Fool has a disclosure policy.

Key Takeaways:

Spectrum customers can now purchase a Netflix membership, home to fan-favorites like "KPop Demon Hunters," "Wednesday" and "Bridgerton," in The Spectrum App Store. The Spectrum App Store gives customers one place to discover, activate, upgrade and purchase streaming services. Eligible Spectrum TV customers receive over $125/month in retail streaming value and can further personalize their streaming experience by adding Netflix. , /PRNewswire/ -- Spectrum customers can now purchase Netflix in The Spectrum App Store, a digital marketplace that makes it easy to discover, activate, upgrade and purchase streaming services, all in one place. This addition gives Spectrum customers with and without a TV plan a simpler way to buy the ad-supported and ad-free versions of Netflix and access its library of award-winning TV series, movies, games and live events.

"Netflix has become a major part of how people watch entertainment today, from hit Originals and exclusive live sports, to documentaries, family programming and cultural moments everyone is talking about," said Elena Ritchie, Senior Vice President, Video, Spectrum. "By bringing Netflix to The Spectrum App Store, we're delivering on our promise of Seamless Entertainment and providing more choice, value and a simpler way to manage streaming and TV services."

What is The Spectrum App Store?
The Spectrum App Store allows Spectrum customers to:

Purchase streaming services like Netflix Activate applicable subscriptions included at no extra cost in eligible Spectrum TV plans Upgrade to ad-free streaming and pay only the cost difference if the ad-supported version is already included in their TV plan for apps like Disney+ Hulu Bundle and Peacock Discover new content Manage all their favorite streaming services in one place Netflix Brings Hit Entertainment, Live Events and Something for Everyone
Netflix's library spans comedies, dramas, anime, book-to-screen adaptations, documentaries, kids and family programming, and more. It's home to exclusive sports and live events including the upcoming MLB Home Run Derby and 2026 Field of Dreams Game, as well as NFL games, WWE Raw, The Westminster Dog Show, and more. In 2025, audiences flocked to hit series like "Wednesday," "Stranger Things" and "Squid Game," and fan-favorite films including "KPop Demon Hunters," "Happy Gilmore 2" and "Frankenstein." Upcoming releases include films like "Office Romance," "Best of the Best," and "Enola Holmes 3," as well as series like "The Hunting Wives" Season 2, "East of Eden," "Little House on the Prairie," "Love is Blind" Season 11 Boston, "Outerbanks" Season 5 and more.

How Spectrum TV Customers Get Even More Streaming Value
With the addition of Netflix for purchase, Spectrum continues to expand The Spectrum App Store, giving Spectrum TV customers an easy way to add streaming services alongside over $125 per month in retail streaming app value already included with their TV plans at no extra cost. Eligible Spectrum TV customers receive Disney+ Hulu Bundle, ESPN Unlimited, HBO Max Basic with Ads, Paramount+ Essential, Peacock Premium with Ads, AMC+ with Ads, ViX Premium with Ads, Tennis Channel, FOX One and Discovery+.

For more information about The Spectrum App Store, spectrum.com/cable-tv/app-store.

About Spectrum
Spectrum is a suite of advanced communications services offered by Charter Communications, Inc. (NASDAQ:CHTR), a leading broadband connectivity company available to nearly 59 million homes and small to large businesses across 41 states. Founded in 1993, Charter has evolved from providing cable TV to streaming, and from high-speed Internet to a converged broadband, WiFi and mobile experience. Over the Spectrum Fiber Broadband Network and supported by our 100% U.S.-based employees, the Company offers Seamless Connectivity and Entertainment with Spectrum Internet®, Mobile, TV and Voice products.

More information can be found at corporate.charter.com.

SOURCE Charter Communications, Inc.

© mezzotint / Shutterstock.com

Pre-Market Stock Futures: Futures are trading higher this morning after we finally heard what we expected from Kevin Warsh, the new Chairman of the Federal Reserve: they may have to raise rates later this year if inflation continues to flare up. That was all it took for all stocks to rollover and face-plant. By the close, all of the major indices finished the day lower, with the Nasdaq taking the biggest hit, closing down 1.35% at 26,021, while the S&P 500 finished the session down 1.21% at 7,420. The Dow Jones Industrial Average closed down 0.98% at 51,487, while the small-cap Russell 2000 fared the best on the day, down 0.74% at 2,917.

Treasury Bonds: Needless to say, the bond market didn’t respond well to the potential for higher rates, as yields were up across the entire curve. When the dust settled by the close, surprisingly, the 30-year bond essentially closed unchanged at 4.93%, while the benchmark 10-year note took a big drubbing, closing the day at 4.50%. Despite concerns about what may happen later this year, the Fed left the fed-fund rate unchanged at 3.5%-3.75%. 

Oil and Gas:
After some serious selling this week, on news of a potential peace agreement with Iran, some light buying entered the energy complex on Wednesday. Brent Crude closed the day modestly higher at $78.99, up 0.04%, while West Texas Intermediate closed the day at $76.10, up 0.07%.

Gold: After a solid start to the week, Gold took a big step backward on Wednesday, rolling off the table as the Fed warned about the potential for a rate increase at about 1 P.M. EDT. When the smoke cleared, the final print was reported at $4,254, down 1.75%, while Silver was last seen at $67.60, down 3.34%. 

Crypto: Cryptocurrency markets traded cautiously on Wednesday, with Bitcoin consolidating in a narrow band just above $65,000 before slipping as investors digested the Federal Reserve’s interest-rate decision. Major assets posted modest intraday losses, in line with a broader pullback in global risk assets. Spot Bitcoin and Ethereum ETFs recorded minor-to-moderate inflows earlier in the week, but analysts highlighted emerging institutional selling pressure and hedging activity from large players. At 8 AM EDT, Bitcoin is trading at $63,800. Ethereum was quoted at $1,745.

24/7 Wall St. reviews dozens of analyst research reports every day to identify fresh investment ideas for investors and traders alike. These daily analyst notes include recommendations on stocks to buy, sell, or avoid, as well as new coverage initiations. Important reminder: No single analyst report should ever be the sole basis for buying or selling a stock.

Here are some of the best Wall Street analyst upgrades, downgrades, and initiations seen on Thursday, June 18, 2026.

Upgrades: Albemarle (NYSE: ALB | ALB Price Prediction) was graded to Buy from Neutral at Citigroup, with an unchanged target price of $225. American Express Company (NYSE: AXP) was upgraded to Buy from Hold at DZ Bank, which has a $375 target price. CME Group (NYSE: CME) was upgraded to Outperform from Market Perform at Keefe Bruyette & Woods, which has set a $305 target price. Enphase Energy (NASDAQ: ENPH) was upgraded to Equal Weight from Underweight, without a price target. Verisk Analytics (NASDAQ: VRSK) was raised to Neutral from Sell at Rothchild & Co Redburn, with a $185 target price. Downgrades: FactSet Research Systems (NYSE: FDS) was cut to Sell from Neutral at Rothschild & Co Redburn, which has a $215 target price for the shares. Intuit (NASDAQ: INTU) was downgraded to Hold from Buy at Stifel, which slashed the target price for the shares to $275 from $375. Jefferies Financial Group (NYSE: JEF) was downgraded to Neutral from Buy at UBS, which raised the target price for the company to $67 from $59. Payoneer Global (NASDAQ: PAYO) was cut to Hold from Buy at Benchmark. Nuvei is buying the company for $7.40 per share. Prologis (NYSE: PLD) was downgraded to Sector Perform from Outperform at Scotiabank, which trimmed the target price for the stock to $146 from $154. Initiations: Constellation Energy Corporation(NYSE: CEG) was initiated with a Buy rating at Goldman Sachs, with a $499 target price. Copa Holdings (NYSE: CPA) was started with a Buy rating at Jefferies, which has a $185 target price for the stock. Space Exploration Technologies (NASDAQ: SPCX) was initiated with a Buy rating at Arete, with a Wall Street high $401 target price. STAG Industrial (NYSE: STAG) was resumed with an Outperform rating at Raymond James with a $44 target price. Targa Resources (NYSE: TRGP) was initiated with a Buy rating at Jefferies, with a $314 target price objective.

The Vanguard Energy ETF (VDE 1.59%) offers low-cost, broad exposure to traditional fossil fuel giants, whereas the VanEck Uranium and Nuclear ETF (NLR +1.84%) provides a concentrated, higher-cost focus on the global nuclear power value chain.

Investors weighing these two options are choosing between a specific bet on the nuclear energy renaissance and a broad play on the entire U.S. energy sector. While the VanEck fund tracks the global nuclear industry value chain, the Vanguard fund captures the heavyweights of the domestic oil, gas, and coal markets.

Snapshot (cost & size)MetricNLRVDEIssuerVanEckVanguardExpense ratio0.52%0.09%1-yr return (as of June 18, 2026)17.1%22.7%Dividend yield2.4%2.5%Beta1.080.01AUM$4.6 billion$11.8 billionBeta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield.

The Vanguard ETF is the more affordable choice for long-term holders, with an expense ratio of 0.09% that is significantly lower than the 0.52% charged by the VanEck fund. Both ETFs offer comparable dividend payouts.

Performance & risk comparisonMetricNLRVDEMax drawdown (5 yr)(30.5%)(26.6%)Growth of $1,000 over 5 years (total return)$2,466$2,493What's insideThe Vanguard ETF targets businesses involved in discovering and producing crude oil, natural gas, and coal. Its portfolio is 100% concentrated in the energy sector across 111 holdings. Largest positions include ExxonMobil (XOM 2.12%) at 21.98%, Chevron (CVX 2.22%) at 14.21%, and ConocoPhillips (COP 3.12%) at 5.78%. The fund was launched in 2004 and paid $3.93 per share in dividends over the trailing 12 months. This fund offers deep liquidity and high assets under management (AUM) for investors seeking exposure to traditional energy majors.

By contrast, the VanEck ETF focuses on uranium mining and nuclear power generation. It holds 28 positions with a sector mix of energy at 45%, utilities at 38%, and industrials at 15%. Top holdings include Cameco (CCJ +0.78%) at 8%, Constellation Energy (CEG +2.58%) at 7.78%, and BWX Technologies (BWXT +1.15%) at 6.82%. It launched in 2007 and has a trailing-12-month dividend payout of $3.17 per share. While more expensive than its Vanguard counterpart, it provides unique access to the infrastructure and fuel requirements of the nuclear utility industry.

For more guidance on ETF investing, check out the full guide at this link.

What this means for investorsAn interesting thing to note about VDE is that while it holds over 100 stocks, its top three positions -- Exxon, Chevron, and ConocoPhillips -- account for roughly 42% of the portfolio. The top 10 holdings make up over 60% of the portfolio. So these stocks are going to have an outsize impact on the ETF's performance.

By contrast, NLR is comparatively less concentrated, even though it has fewer stocks. Its 28 holdings span three sectors, and no position exceeds 9%. The top three stocks make up about 23% of the portfolio (the top 10 account for 58%). The VanEck ETF has slightly underperformed relative to VDE in recent years, and it's also significantly more expensive. However, its dividend stacks up pretty well versus the Vanguard fund.

I think choosing between these ETFs is less about comparing numbers and more about the specific types of companies you want to invest in (and over what time frame). In other words, does your image of the future include ever-rising consumption of fossil fuels? Or do you see continued gains for the nuclear industry?

Also, it may not be an either/or situation. For diversification purposes, an investor might be interested in buying shares of both VDE and NRL.

Erin Kennedy has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends BWX Technologies, Cameco, Chevron, and Constellation Energy. The Motley Fool recommends ConocoPhillips. The Motley Fool has a disclosure policy.

For investors with confidence in a specific market niche, Zacks Thematic Investment Screens has you covered with 37 dynamic investment themes. Whether you're interested in cutting-edge technology, renewable energy, or healthcare innovations, our themes are built to help you sort through the noise quickly and find the stocks that offer exposure to the trends you seek.

Let’s take a closer look at the Nuclear theme and analyze a few top-ranked stocks that the screen returned, namely Constellation Energy (CEG - Free Report) .  

Nuclear Overview

Nuclear energy stands at the cusp of the global push for a low-carbon, greener, and more resilient energy future. This investment theme encapsulates companies engaged in uranium mining, nuclear reactor construction and maintenance, electricity generation from nuclear sources, and firms providing essential technology and services to the nuclear industry.

As nations seek reliable and consistent power sources amid rising energy demands and geopolitical tensions, nuclear energy offers a unique solution with its near-full capacity operations and zero emissions. The artificial intelligence frenzy accelerated this trend massively, with data centers requiring vast power to operate efficiently.

Constellation Energy

Constellation Energy Corporation is the nation’s largest producer of clean, emissions-free energy and a leading supplier of energy products and services to businesses, homes, community aggregations, and public sector customers.

“The importance of AI and the data economy to America’s economic competitiveness and national security can’t be overstated, and Constellation will do our part to meet the moment. Our customers are looking for clean, emissions-free energy that they can rely on in every hour of every day, and nothing exemplifies that imperative more than our 20-year agreement with Microsoft to restart the Crane Clean Energy Center,” said Joe Dominguez, president and CEO, Constellation.

Bottom Line

While stocks in each theme aren't direct recommendations, they offer a solid starting point. Leverage the Zacks Rank and other metrics to identify the best stocks for your strategy. Each featured stock comes with a Zacks report, giving you the tools to analyze performance and potential. For those interested, please click here to view the Zacks Thematic Nuclear Investing Screen. 

New York, New York and New Orleans, Louisiana--(Newsfile Corp. - June 17, 2026) - Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., notifies investors in PicS N.V. ("PicS" or the "Company") (NASDAQ: PICS) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of investors of PicS who were adversely affected if they purchased the Company's Class A common stock in and/or traceable to its January 30, 2026 initial public offering (the "IPO"). This action is pending in the United States District Court for the Southern District of New York.

Cannot view this video? Visit:
https://www.youtube.com/watch?v=FQIEqld_vCU

Follow the link below to get more information and be contacted by a member of our team:

https://www.ksfcounsel.com/cases/nasdaqgs-pics/

PicS investors should contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nasdaqgs-pics/ to learn more.

CASE DETAILS: According to the Complaint, PicS and certain of its executives are charged with failing to disclose material information in the Offering Documents, violating federal securities laws. The alleged false and misleading statements and omissions include, but are not limited to, that: (i) in December 2025, the Company determined that its credit assessment procedures were deficient and required enhancement; (ii) following implementation of revised procedures, the Company reclassified approximately R$590 million of exposures from Stage 2 to Stage 3, resulting in an incremental ECL charge of R$88 million for the quarter ended December 31, 2025; (iii) the Company experienced an undisclosed Stage 3 formation rate exceeding 7% in the fourth quarter of 2025, materially departing from the historical trends disclosed in the offering documents; (iv) the offering documents materially overstated the effectiveness of PicS N.V.'s credit models, user data, and underwriting and risk-monitoring capabilities; and (v) prior to the IPO, PicS N.V.'s expansion into riskier business lines had led to deteriorating credit quality, increased default and impairment risk, and adverse financial and operational trends that were expected to continue worsening and materially impact the Company's business and financial results.

The case is FirstFire Global Opportunities Fund, LLC v. PicS N.V., No. 26-cv-04793.

WHAT TO DO? If you invested in PicS and suffered a loss during the relevant time frame, you have until August 4, 2026 to request that the Court appoint you as lead plaintiff; however, your ability to share in any recovery does not require that you serve as a lead plaintiff.

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.

TOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services

To learn more about KSF, you may visit www.ksfcounsel.com.

CONNECT WITH US: Facebook || Instagram || YouTube || TikTok || LinkedIn

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301926

Source: Kahn Swick & Foti, LLC

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New York, New York and New Orleans, Louisiana--(Newsfile Corp. - June 18, 2026) - Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., notifies investors in PicS N.V. ("PicS" or the "Company") (NASDAQ: PICS) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of investors of PicS who were adversely affected if they purchased the Company's Class A common stock in and/or traceable to its January 30, 2026 initial public offering (the "IPO"). This action is pending in the United States District Court for the Southern District of New York.

Cannot view this video? Visit:
https://www.youtube.com/watch?v=FQIEqld_vCU

Follow the link below to get more information and be contacted by a member of our team:

https://www.ksfcounsel.com/cases/nasdaqgs-pics/

PicS investors should contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nasdaqgs-pics/ to learn more.

CASE DETAILS: According to the Complaint, PicS and certain of its executives are charged with failing to disclose material information in the Offering Documents, violating federal securities laws. The alleged false and misleading statements and omissions include, but are not limited to, that: (i) in December 2025, the Company determined that its credit assessment procedures were deficient and required enhancement; (ii) following implementation of revised procedures, the Company reclassified approximately R$590 million of exposures from Stage 2 to Stage 3, resulting in an incremental ECL charge of R$88 million for the quarter ended December 31, 2025; (iii) the Company experienced an undisclosed Stage 3 formation rate exceeding 7% in the fourth quarter of 2025, materially departing from the historical trends disclosed in the offering documents; (iv) the offering documents materially overstated the effectiveness of PicS N.V.'s credit models, user data, and underwriting and risk-monitoring capabilities; and (v) prior to the IPO, PicS N.V.'s expansion into riskier business lines had led to deteriorating credit quality, increased default and impairment risk, and adverse financial and operational trends that were expected to continue worsening and materially impact the Company's business and financial results.

The case is FirstFire Global Opportunities Fund, LLC v. PicS N.V., No. 26-cv-04793.

WHAT TO DO? If you invested in PicS and suffered a loss during the relevant time frame, you have until August 4, 2026 to request that the Court appoint you as lead plaintiff; however, your ability to share in any recovery does not require that you serve as a lead plaintiff.

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.

TOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services

To learn more about KSF, you may visit www.ksfcounsel.com.

CONNECT WITH US: Facebook || Instagram || YouTube || TikTok || LinkedIn

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/302107

Source: Kahn Swick & Foti, LLC

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Appian stands out as a business process re-engineering software company benefiting from long-standing AI and automation tailwinds. Despite a ~30% YTD decline, APPN's modest valuation and recent Q1 beat-and-raise reinforce its 'growth at a reasonable price' thesis. Q1 results highlighted improved net expansion rates and sales productivity, supporting confidence in APPN's operational momentum.

Matthew W. Calkins, CEO and founder of Appian (APPN 2.83%), reported an open-market sale of 50,000 shares for a total of approximately $1.21 million on June 8, 2026, according to a SEC Form 4 filing.

Transaction summaryMetricValueShares sold (direct)50,000Transaction value$1.2 millionPost-transaction shares (direct)1,769,144Post-transaction value (direct ownership)~$43.2 millionTransaction value based on SEC Form 4 weighted average reported price ($24.13); post-transaction value based on June 8, 2026 market close ($24.43).

Key questionsHow material is this sale relative to Calkins's overall direct ownership?
This transaction accounted for 2.75% of his direct holdings, with 1,769,144 shares remaining under his direct control post-sale.Did the transaction impact any indirect or derivative holdings?
No indirect entities or derivative securities were involved; the entire disposition was executed from Calkins's direct ownership account.How does this sale compare to Calkins's historical activity?
Over the past two years, this is the only open-market sale reported, with prior filings limited to administrative events and no other open-market disposals in this period.Company overviewMetricValueRevenue (TTM)$762.69 millionNet income (TTM)$0.89 millionEmployees2,033Company snapshotAppian provides a low-code automation platform that enables rapid software development, automating workflows, forms, data structures, reports, and user interfaces; it also offers professional services and customer support.The company generates revenue through software subscriptions, platform licensing, and associated consulting and support services.Key customers include organizations in financial services, government, life sciences, insurance, manufacturing, energy, healthcare, telecommunications, and transportation sectors.Appian is a technology company specializing in low-code software platforms that streamline complex application development for enterprise clients. With a global presence and a diverse client base, Appian leverages automation to deliver efficiency and scalability for organizations across multiple industries.

What this transaction means for investorsThe June 8 sale of Appian stock by company CEO and founder Matthew Calkins came at a time when shares had fallen significantly from their 52-week high of $46.06 reached in 2025. Even so, his disposition is not a red flag for investors.

Calkins’ sale was a non-discretionary transaction, executed automatically as part of a pre-arranged Rule 10b5-1 trading plan, which the CEO adopted in March of 2026. Such plans are often implemented by insiders to avoid accusations of trading based on insider information.

Moreover, Calkins retained 1.8 million shares after the disposition. This indicates he maintains a sizable equity stake in the company he founded.

Appian stock is down due to investor concerns that artificial intelligence will take business away. In addition, while the company reported a strong 21% year-over-year increase in first-quarter revenue to $202.2 million, it forecasted only 13% to 14% growth in 2026 compared to 2025. This disappointed Wall Street and contributed to fears of AI’s impact on Appian’s business.

Robert Izquierdo has no position in any of the stocks mentioned. The Motley Fool recommends Appian. The Motley Fool has a disclosure policy.

Key Takeaways Olin and Huntsman agreed to an all-stock merger of equals to form OlinHuntsman in 2027. Over $400M in synergies and integration benefits expected, with most realized within 24 months. Huntsman shareholders will own 45.5% of the combined company after the deal closes. Olin Corporation (OLN - Free Report) and Huntsman Corporation (HUN - Free Report) have inked a definitive agreement to combine in an all-stock merger of equals, creating a new company that will be named OlinHuntsman Corporation. The transaction will establish a leading North American integrated chemical producer, with combined 2025 revenues of approximately $12.5 billion and a broader global manufacturing footprint spanning North America, Europe and Asia. 

The merger brings together Olin's large-scale chlor-alkali and feedstock capabilities with Huntsman's specialty downstream products, polyurethane systems and advanced materials businesses. Management expects the combination to create a stronger, more resilient company with enhanced scale, improved cost competitiveness and greater flexibility to serve customers across multiple end markets. 

Transaction DetailsPer the deal terms, Huntsman shareholders will receive 0.5476 shares of Olin for each HUN share they own. Following completion of the transaction, existing Olin shareholders are expected to own approximately 54.5% of the combined company, while Huntsman shareholders will hold the remaining 45.5%. 

The exchange ratio was determined using the companies' trailing 30-day volume-weighted average share prices as of June 12, 2026. Per Huntsman, the structure provides a premium to Huntsman shareholders while maintaining fairness for Olin investors by reducing the impact of recent market volatility. 

The boards of both companies have unanimously approved the deal. The transaction is expected to close in the first half of 2027, subject to shareholder approvals, regulatory clearances and other customary closing conditions. 

Benefits of the MergerThe combined company will become a $12 billion-plus North American chemicals leader, supported by a significant manufacturing presence along the U.S. Gulf Coast and additional operations in Europe and Asia. 

Olin's Winchester ammunition business will remain a key operating segment within OlinHuntsman, continuing to serve sporting, law enforcement and military customers. 

The merger combines Olin's cost-advantaged chlorine, caustic soda and electrochemical unit production capabilities with Huntsman's higher-value downstream formulations and specialty products. This vertical integration is expected to improve operating efficiency, strengthen margins and provide more opportunities to convert low-cost feedstocks into value-added materials. 

Olin and Huntsman have identified more than $400 million of total cost synergies and integration benefits. These include more than $300 million of cost synergies from purchasing efficiencies, raw material integration, operational optimization and SG&A savings. Most of these benefits are expected to be realized within 24 months, with full realization anticipated by the end of the third year following the merger. An additional $100 million of raw material integration benefits is expected beginning in 2031. The combined company also expects to generate approximately $125 million of cash tax benefits through the accelerated utilization of net operating losses. 

Per Olin’s president and CEO Ken Lane, who will serve as the CEO of OlinHuntsman, the transaction combines Huntsman's differentiated formulations and advanced materials capabilities with Olin's world-scale chemical assets to create a company with greater flexibility, stronger cash generation and the ability to pursue opportunities that neither company could fully capture independently. 

Per Huntsman, the merger creates a stronger global competitor capable of delivering greater value to shareholders, customers and employees under the current scenario of increasing globalization, changing trade policies, and evolving supply chains. 

Shares of OLN have gained 22.5% while HUN is up 26.1% in the past year compared with the industry’s 10% rise. 

Image Source: Zacks Investment Research

Zacks Rank & Key PicksBoth OLN and HUN carry a Zacks Rank #3 (Hold). 

Some better-ranked stocks in the Basic Materials space are Nucor Corporation (NUE - Free Report) and L.B. Foster Company (FSTR - Free Report) . NUE and FSTR carry a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for NUE’s current-year earnings stands at $15.71 per share, implying a 103.8% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in two of the trailing four quarters and missed twice, with the average surprise being 8.1%.

The Zacks Consensus Estimate for FSTR’s current-year earnings is pegged at $1.74 per share, implying a 152.2% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in one of the trailing four quarters and missed thrice, with the average surprise being 3.62%.

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NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Huntsman Corporation (NYSE: HUN) to Olin Corporation (NYSE: OLN). Under the terms of the proposed transaction, shareholders of Huntsman will receive 0.5476 shares of Olin for each share of Huntsman that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ([email protected]) toll free at any time at 855-768-1857, or visit https://ksfcounsel.com/cases/nyse-hun/ to learn more.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

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GREEN BAY, Wis.--(BUSINESS WIRE)--Schneider National, Inc. (NYSE: SNDR), a premier multimodal provider of transportation, intermodal and logistics services, today announced company driver Greg Smith, a U.S. Air Force veteran, has been selected as this year’s Ride of Pride driver.

Recognizing military veterans is a longstanding tradition at the carrier. Ride of Pride is an annual initiative started by Daimler Truck North America to honor military service and sacrifice. Daimler's Cleveland, North Carolina manufacturing plant produces specially decorated Freightliner Cascadia trucks that serve as rolling tributes across the country. Since the program began in 2001, Schneider has received 15 Ride of Pride trucks from Freightliner, the most of any carrier.

Smith received his new truck on May 23 and has already represented Schneider at an event in Washington, D.C. This year’s truck honors all those affected by the events of September 11, 2001, serving as a tribute to their memory and the sacrifice that followed.

“In my wildest dreams, I never thought I would be selected to drive a Ride of Pride truck,” said Smith. “Schneider has been given a great responsibility to honor all those affected by September 11th, our military, the civilians who lost their lives that day, the surviving family members, firefighters, police officers, and our nation.”

Smith served more than 21 years in the U.S. Air Force before transitioning to a career as a truck driver. He joined Schneider in 2017, where he hauls on a Dedicated account and is a driver instructor. During his military career, Smith held a variety of leadership roles, including serving as a First Sergeant responsible for more than 500 airmen, and he spent years supporting military honors programs that left a lasting impact on him.

Smith said Schneider’s strong alignment with military values helped make the transition to civilian life easier.

“When I saw Schneider’s focus on safety and integrity, it felt familiar,” he said. “You’re surrounded by people who understand where you come from. You’re not just a number here, you belong.”

Schneider is consistently recognized as a top military-friendly employer in the trucking industry. Today, 24% of the company’s associates have military experience.

“Ride of Pride reflects our responsibility to honor those who have worn the uniform and support them as they build meaningful careers at Schneider,” said Schneider Executive Vice President and Group President of Transportation and Logistics and U.S. Marine Corps veteran Jim Filter. “With driver and veteran Greg Smith behind the wheel, we’re proud to carry that legacy forward while recognizing the leadership, discipline and sense of purpose veterans bring to our organization every day.”

Smith will participate in major events across the country, including Wreaths Across America, Fourth of July celebrations and observances tied to the 25th anniversary of September 11, 2001, using the truck as a platform to connect with survivors, first responders, veterans, Gold Star families and communities nationwide.

More information

For more information on career opportunities with Schneider and the company’s commitment to those who have served in the military, please visit https://schneiderjobs.com/company-drivers/military.

About Schneider

Schneider is a premier multi-modal provider of transportation and logistics services. Offering one of the broadest portfolios in the industry, Schneider’s solutions include Regional and Long-Haul Truckload, Expedited, Dedicated, Bulk, Intermodal, Brokerage, Warehousing, Supply Chain Management, Port Logistics and Logistics Consulting.

Schneider has been delivering superior customer experiences and investing in innovation for over 90 years. The company’s digital marketplace, Schneider FreightPower®, is revolutionizing the industry giving shippers access to an expanded, highly flexible capacity network and providing carriers with unmatched access to quality drop-and-hook freight – Always Delivering, Always Ahead.

For more information about Schneider, visit Schneider.com or follow the company socially on Facebook, LinkedIn and X: @WeAreSchneider.

Source: Schneider SNDR

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Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Commvault Systems (CVLT - Free Report) .

Commvault currently has an average brokerage recommendation (ABR) of 1.82, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 17 brokerage firms. An ABR of 1.82 approximates between Strong Buy and Buy.

Of the 17 recommendations that derive the current ABR, 10 are Strong Buy, representing 58.8% of all recommendations.

Brokerage Recommendation Trends for CVLT

Check price target & stock forecast for Commvault here>>>

The ABR suggests buying Commvault, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommendations have little to no success guiding investors to choose stocks with the most potential for price appreciation.

Do you wonder why? As a result of the vested interest of brokerage firms in a stock they cover, their analysts tend to rate it with a strong positive bias. According to our research, brokerage firms assign five "Strong Buy" recommendations for every "Strong Sell" recommendation.

This means that the interests of these institutions are not always aligned with those of retail investors, giving little insight into the direction of a stock's future price movement. It would therefore be best to use this information to validate your own analysis or a tool that has proven to be highly effective at predicting stock price movements.

Zacks Rank, our proprietary stock rating tool with an impressive externally audited track record, categorizes stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), and is an effective indicator of a stock's price performance in the near future. Therefore, using the ABR to validate the Zacks Rank could be an efficient way of making a profitable investment decision.

Zacks Rank Should Not Be Confused With ABRAlthough both Zacks Rank and ABR are displayed in a range of 1--5, they are different measures altogether.

The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.

Analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Since the ratings issued by these analysts are more favorable than their research would support because of the vested interest of their employers, they mislead investors far more often than they guide.

On the other hand, earnings estimate revisions are at the core of the Zacks Rank. And empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks.

There is also a key difference between the ABR and Zacks Rank when it comes to freshness. When you look at the ABR, it may not be up-to-date. Nonetheless, since brokerage analysts constantly revise their earnings estimates to reflect changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in predicting future stock prices.

Is CVLT Worth Investing In?Looking at the earnings estimate revisions for Commvault, the Zacks Consensus Estimate for the current year has remained unchanged over the past month at $5.19.

Analysts' steady views regarding the company's earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market in the near term.

The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Commvault. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for Commvault.

LOS ANGELES, June 17, 2026 (GLOBE NEWSWIRE) -- Glancy Prongay Wolke & Rotter LLP reminds investors of the upcoming July 17, 2026 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Commvault Systems Inc. (“Commvault” or the “Company”) (NASDAQ: CVLT) securities between April 29, 2025 and January 26, 2026, inclusive (the “Class Period”).

IF YOU SUFFERED A LOSS ON YOUR COMMVAULT INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS UNDER THE FEDERAL SECURITIES LAWS.

What Happened?
On January 27, 2026, Commvault published third quarter 2026 fiscal results, including annualized recurring revenue (“ARR”) of 22% and a total net new ARR was $39 million, falling short of the prior quarter’s guidance for $45 million of net new ARR for the quarter. Management revealed in the accompanying earnings call that the variation was due to product mix, including increased SaaS deals in the quarter.

On this news, Commvault’s stock price fell $40.23, or 31.1%, to close at $89.13 per share on January 27, 2026, thereby injuring investors.

What Is The Lawsuit About?
The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Commvault knew or recklessly disregarded the impact that different types of sales would have on its ARR growth; (2) the variation in net ARR growth is strongly based on the type of sale Commvault is making, thus, the Company’s projected net new ARR should not have been determined without properly factoring in sale type; and (3) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

If you purchased or otherwise acquired Commvault securities during the Class Period, you may move the Court no later than July 17, 2026 to request appointment as lead plaintiff in this putative class action lawsuit.

Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
Charles Linehan, Esq.,
Glancy Prongay Wolke & Rotter LLP,
1925 Century Park East, Suite 2100,
Los Angeles California 90067
Email:  [email protected]
Telephone: 310-201-9150,
Toll-Free: 888-773-9224
Visit our website at www.glancylaw.com.
Follow us for updates on LinkedIn, Twitter, or Facebook.

If you inquire by email, please include your mailing address, telephone number and number of shares purchased.

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact Us:
Glancy Prongay Wolke & Rotter LLP,
1925 Century Park East, Suite 2100
Los Angeles, CA 90067
Charles Linehan
Email:  [email protected]
Telephone: 310-201-9150
Toll-Free: 888-773-9224
Visit our website at: www.glancylaw.com.

LOS ANGELES, June 18, 2026 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Commvault Systems, Inc. (“Commvault” or “the Company”) (NASDAQ: CVLT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company’s securities between April 29, 2025 and January 26, 2026, inclusive (the “Class Period”), are encouraged to contact the firm before July 17, 2026.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Commvault shared overwhelmingly positive statements about its ARR growth while knowing or recklessly disregarding the fact that its growth guidance failed to factor in important variables including the type of sale. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Commvault, investors suffered damages.

Join the case to recover your losses

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.        

CONTACT:

The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]

SOURCE:

The Schall Law Firm

SAN FRANCISCO, June 18, 2026 (GLOBE NEWSWIRE) -- Commvault Systems, Inc. (NASDAQ: CVLT) faces a securities class action lawsuit, which seeks to represent investors who purchased or otherwise acquired Commvault securities between April 29, 2025 and January 26, 2026.

The lawsuit follows the massive 31% collapse in the company shares on January 27, 2026, triggered by the company’s Q3 2026 financial results that included a significant shortfall in certain critical financial metrics.

Hagens Berman is investigating the pending claims alleging Commvault’s pre-January 27 disclosures violated the federal securities laws. The firm encourages Commvault investors who suffered substantial losses to submit your losses now. The firm also encourages persons with knowledge who may be able to assist the investigation to contact its attorneys.

View our latest video summary of the allegations: youtu.be/YILiBV90q2w

Class Period: Apr. 29, 2025 – Jan. 26, 2026
Lead Plaintiff Deadline: July 17, 2026
Visit: www.hbsslaw.com/investor-fraud/cvlt
Contact the Firm Now: [email protected]
                                          844-916-0895

Commvault Systems, Inc. (CVLT) Securities Class Action:

Commvault provides its customers cyber resiliency by protecting and recovering their data and cloud-native applications amidst increasing cyber threats and attacks.

The company generates revenues through subscriptions, including Software-as-a-Service (“SaaS”), and has said that subscription annual recurring revenue (“ARR”) “is the best indicator of the company’s growth.” Accordingly, investors have focused on this key metric, of which SaaS ARR accounts for about 38%.

During the Class Period, Commvault repeatedly touted that its “execution has never been better across the business[,]” said it would “continue to see hyper-growth within [its] SaaS platform[,]” and hyped its ARR growth and accelerated SaaS target achievement “two quarters earlier than planned.”

The primary focus of the litigation is the claim that the company and its management knew but did not disclose how different types of sales would impact ARR growth, that the company increasingly focused on lower-priced SaaS deals and discounting, and created the misleading impression that its ARR would remain steady throughout fiscal 2026.

Investors learned the truth on January 27, 2026 after Commvault reported underwhelming Q3 2026 financial results. Of concern was the significant miss in net new ARR, a reduction in full-year ARR growth guidance, and a dramatic deceleration in SaaS ARR year-over-year growth (down year-over-year from 71% to just 40%).

The primary discrepancy with the company’s earlier growth narrative was its revelation that composition of sales activity (type of sale) mattered – unknown to investors, volumes increasingly came from dramatically lower-priced SaaS deals and heavily discounted long-term contracts, both of which significantly pressured ARR and SaaS ARR.

Along with the market’s swift, negative reaction, several analysts (some of whom reportedly characterized the results as a “mess” and questioned Commvault’s ability to execute) promptly downgraded their Commvault investment and price target ratings.

“We’re investigating the pending claims that Commvault intentionally misled investors about adverse impact on its growth narrative brought about by the change in type of sales revelations,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation.

If you invested in Commvault and have substantial losses, or have knowledge that will assist the firm’s investigation, submit your losses now.

If you’d like more information and answers to frequently asked questions about the Commvault case and the firm’s investigation, read more »

Whistleblowers: Persons with non-public information regarding Commvault should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].

About Hagens Berman
Hagens Berman is a global plaintiffs’ rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman’s team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw. 

Contact: 
Reed Kathrein, 844-916-0895

NEW YORK, June 18, 2026 (GLOBE NEWSWIRE) --

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Commvault Systems, Inc. (NASDAQ: CVLT) between April 29, 2025 and January 26, 2026, inclusive (the “Class Period”), of the important July 17, 2026 lead plaintiff deadline.

SO WHAT: If you purchased Commvault securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Commvault class action, go to https://rosenlegal.com/cases/commvault-systems-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 17, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants provided overwhelmingly positive statements while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Commvault's ARR growth environment; pertinently, Commvault knew or recklessly disregarded that its ARR growth guidance failed to properly factor in crucial variables, such as the type of sale. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Commvault class action, go to https://rosenlegal.com/cases/commvault-systems-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

Contact Information:

        Laurence Rosen, Esq.
        Phillip Kim, Esq.
        The Rosen Law Firm, P.A.
        275 Madison Avenue, 40th Floor
        New York, NY 10016
        Tel: (212) 686-1060
        Toll Free: (866) 767-3653
        Fax: (212) 202-3827
        [email protected]
        www.rosenlegal.com

Commvault Systems (CVLT) Securities Class Action Filed Amid Q3 2026's Apparent Inconsistencies With Prior Growth Narrative and $1.7B Market Cap

New York, New York--(Newsfile Corp. - June 19, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Commvault Systems, Inc. (NASDAQ: CVLT) between April 29, 2025 and January 26, 2026, inclusive (the "Class Period"), of the important July 17, 2026 lead plaintiff deadline.

SO WHAT: If you purchased Commvault securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Commvault class action, go to https://rosenlegal.com/cases/commvault-systems-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 17, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants provided overwhelmingly positive statements while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Commvault's ARR growth environment; pertinently, Commvault knew or recklessly disregarded that its ARR growth guidance failed to properly factor in crucial variables, such as the type of sale. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Commvault class action, go to https://rosenlegal.com/cases/commvault-systems-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/302186

Source: The Rosen Law Firm PA

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Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Commvault To Contact Him Directly To Discuss Their Options

If you purchased or acquired securities in Commvault between April 29, 2025 and January 26, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

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New York, New York--(Newsfile Corp. - June 20, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Commvault Systems, Inc. ("Commvault" or the "Company") (NASDAQ: CVLT) and reminds investors of the July 17, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

Defendants provided investors with material information pertaining to Commvault's projected ARR growth for fiscal year 2026. Defendants' statements included, among other things, misleading guidance and projections related to the Company's new net ARR growth. Defendants provided these overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Commvault's ARR growth environment; pertinently, Commvault knew or recklessly disregarded that the Company's ARR growth guidance failed to properly factor in crucial variables, such as the type of sale. Such statements absent these material facts caused Plaintiff and other shareholders to purchase Commvault's securities at artificially inflated prices.

On January 27, 2026, Commvault reported financial results for the third quarter of fiscal 2026 ended December 31, 2025, including "40% growth in SaaS ARR to $364 million," as noted by the Company's Chief Accounting Officer ("CAO") during the earnings call to discuss these results. Additionally, the CAO said "60% of our deals actually closed in the last few weeks of the quarter." According to Bloomberg Intelligence, "SaaS ARR growth of 40% represents a meaningful deceleration from 56%" reported for the second quarter fiscal 2026.

Following this news, Commvault stock declined over 31% on January 27, 2026.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding Commvault's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the Commvault class action, go to www.faruqilaw.com/CVLT or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

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Frequently Asked Questions (FAQ) for Investors Regarding the Commvault Systems Securities Class Action Lawsuit:

What is the Commvault Systems securities fraud lawsuit about?

The Commvault Systems securities fraud lawsuit is a federal securities class action alleging that Commvault Systems, Inc. (NASDAQ: CVLT) and its executives made false and misleading statements to investors by providing materially misleading guidance and projections related to the Company's annual recurring revenue (ARR) growth while concealing that its ARR growth guidance failed to properly account for crucial variables - such as the type of sale - that significantly affected the Company's true growth trajectory. As the truth emerged on January 27, 2026, when Commvault reported Q3 fiscal 2026 results showing SaaS ARR growth of only 40% - a meaningful deceleration from 56% in the prior quarter - CVLT's stock price fell over 31% in a single day, causing significant losses for investors.

Who may be eligible to participate in the Commvault Systems class action lawsuit?

Investors who purchased or acquired Commvault Systems (CVLT) stock between April 29, 2025 and January 26, 2026 - the Class Period - and suffered financial losses may be eligible to participate in the Commvault securities class action. Participation as a class member does not require taking any affirmative legal action; eligible investors may recover losses simply by remaining members of the class. Whistleblowers, former Commvault employees, and others with relevant information about the Company's conduct are also encouraged to come forward.

What is a lead plaintiff, and how can I seek appointment in the Commvault Systems lawsuit?

A lead plaintiff in the Commvault Systems class action is a court-appointed investor - typically the one with the largest financial interest in the case - who directs and oversees the litigation on behalf of all class members. Any Commvault investor who purchased CVLT stock during the Class Period may move the Court to serve as lead plaintiff through counsel of their choice. The deadline to seek lead plaintiff appointment is July 17, 2026. Importantly, choosing not to seek the lead plaintiff role does not affect an investor's ability to share in any recovery obtained for the class.

What should investors do if they purchased Commvault Systems stock during the Class Period?

Investors who purchased Commvault Systems (CVLT) stock between April 29, 2025 and January 26, 2026 and suffered losses should contact Faruqi & Faruqi, LLP immediately to discuss their legal rights. The deadline to seek appointment as lead plaintiff in the Commvault Systems securities class action is July 17, 2026. To speak directly with securities litigation partner Josh Wilson, call 877-247-4292 or 212-983-9330 (Ext. 1310), or visit www.faruqilaw.com/CVLT for more information.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301762

Source: Faruqi & Faruqi LLP

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, /PRNewswire/ -- 

Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Commvault Systems, Inc. (NASDAQ: CVLT) between April 29, 2025 and January 26, 2026, inclusive (the "Class Period"), of the important July 17, 2026 lead plaintiff deadline.

So what: If you purchased Commvault securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

What to do next: To join the Commvault class action, go to https://rosenlegal.com/cases/commvault-systems-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 17, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

Details Of The Case: According to the lawsuit, defendants provided overwhelmingly positive statements while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Commvault's ARR growth environment; pertinently, Commvault knew or recklessly disregarded that its ARR growth guidance failed to properly factor in crucial variables, such as the type of sale. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Commvault class action, go to https://rosenlegal.com/cases/commvault-systems-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com

SOURCE THE ROSEN LAW FIRM, P. A.