Class Action Lawsuit Filed Against Endava Plc Following CFO Administrative Leave and Accounting Investigation
Pomerantz LLP has announced a class action lawsuit against Endava Plc (NYSE: DAVA) following allegations of securities fraud or unlawful business practices. The legal action stems from the company's announcement on September 21, 2026, that Chief Financial Officer Mark Thurston was placed on administrative leave by recommendation of the Audit Committee. The leave was initiated as part of an ongoing investigation by independent outside counsel after external auditors raised concerns regarding the company's accounting treatment of specific customer and supplier agreements. Following this announcement, Endava's American Depositary Receipt (ADR) price plummeted 24.37% to close at $2.11 on September 22, 2026.
Tickers: $DAVA
Topics: Accounting Investigation CFO Administrative Leave Class Action Litigation Securities Fraud