Class Action Lawsuit Filed Against Endava Plc Over Alleged Securities Fraud
A class action lawsuit has been filed against Endava Plc (NYSE: DAVA) by Pomerantz LLP, alleging securities fraud and other unlawful business practices involving the company's officers or directors. Investors who purchased shares during a specified period are encouraged to contact the firm before November 30, 2026, to seek appointment as Lead Plaintiff in the case. The lawsuit follows an internal investigation initiated by Endava’s Audit Committee after its auditors raised concerns about accounting practices related to customer and supplier agreements. On September 21, 2026, it was announced that CFO Mark Thurston had been placed on administrative leave pending the outcome of this probe. The news caused a sharp drop in Endava's stock price by $0.68 per ADR (24.37%) to close at $2.11. Pomerantz LLP, known for its expertise in securities litigation and class actions, is representing investors affected by the alleged misconduct.
Tickers: $DAVA
Topics: accounting investigation CFO on leave class action securities fraud