DAVA Investors Have Opportunity to Lead Endava, plc Securities Fraud Lawsuit

LOS ANGELES, Oct. 22, 2024 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Endava, plc ("Endava" or the "Company") (NYSE: DAVA).

Class Period: May 23, 2023 – February 28, 2024

Lead Plaintiff Deadline: October 25, 2024

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

The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors that: (1) demand for the Company's services was declining; (2) the Company's clients delayed or canceled projects; (3) as a result, the Company's fiscal 2023 and 2024 revenue and earnings would be adversely affected; and (4) 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.

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. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 2121 Avenue of the Stars, Suite 800, Century City, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.

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

View original content to download multimedia:https://www.prnewswire.com/news-releases/dava-investors-have-opportunity-to-lead-endava-plc-securities-fraud-lawsuit-302283859.html

SOURCE The Law Offices of Frank R. Cruz, Los Angeles

Visual performance / price development - Endava

Smart analysis and research tools can be found here.

The AI's analysis of the content resulted in the following brief summary:

Tip: Registered users of the community can save the snippets in the user account.

Disclaimer:

This summary was created with the help of an AI technology. The goal is to bring out the core message of the company's message. The simplification of the statement can help to grasp the content of the message more quickly. The feature is experimental in nature. Do not use the information without verification. More information about Lab features can be found here.

Caution: Unverified adoption of previously unquality-assured information is not advised.

DAVA Investors Have Opportunity to Lead Endava, plc Securities Fraud Lawsuit

Newsletter