Law Offices of Frank R. Cruz Encourages Endava plc (DAVA) Shareholders To Inquire About Securities Fraud Class Action

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of shareholders who purchased or otherwise acquired Endava plc (“Endava ” or the “Company”) (NYSE: DAVA) common stock between September 4, 2025 and September 21, 2026, inclusive (the “Class Period”). Endava plc investors have until November 30, 2026 to file a lead plaintiff motion.

IF YOU SUFFERED A LOSS ON YOUR ENDAVA PLC (DAVA) INVESTMENTS, CLICK HERE TO SUBMIT A CLAIM TO POTENTIALLY RECOVER YOUR LOSSES IN THE ONGOING SECURITIES FRAUD LAWSUIT.

You can also contact the Law Offices of Frank R. Cruz to discuss your legal rights by email at [e-mail], by telephone at [phone], or visit our website at www.frankcruzlaw.com.

What Happened?

On September 21, 2026, after the market closed, Endava announced its Chief Financial Officer, Mark Thurston, was placed on administrative leave “upon the recommendation of the Company’s Audit Committee of the Board.” The decision was made “pending the conclusion of an ongoing investigation being conducted by independent outside counsel for the Committee, which was initiated in response to the Company’s outside auditors raising concerns about the Company’s accounting treatment of certain customer and supplier agreements and related matters.”

On this news, the price of Endava’s American Depositary Shares (“ADS”) fell $0.68 per share, or 24.37%, to close at $2.11 per share on September 22, 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) that the accounting treatment for certain customer and supplier agreements and related matters required additional review; (2) that, as a result of the foregoing, the Company would delay the release of its fourth quarter and full year 2026 financial results; (3) that there was reason to doubt the effectiveness of the Company’s internal controls and procedures; and (4) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Contact Us To Participate or Learn More:

If you purchased Endava common stock, wish to learn more about this action, or have any questions concerning this announcement or your rights or interests with respect to these matters, please click HERE or contact us at:

Law Offices of Frank R. Cruz
2121 Avenue of the Stars, Suite 800
Century City, CA 90067
Telephone: [phone]
Email: [e-mail]
Visit our website at: www.frankcruzlaw.com

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