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Faruqi & Faruqi Reminds Endava plc Investors of Class Action Lawsuit Deadline

Law firm Faruqi & Faruqi, LLP has reminded investors in Endava plc of the November 30, 2026 deadline to seek lead plaintiff status in a securities class action lawsuit.

17 October 2026
Faruqi & Faruqi Reminds Endava plc Investors of Class Action Lawsuit Deadline

Law firm Faruqi & Faruqi, LLP has announced it is investigating potential claims against Endava plc (NASDAQ: DAVA). The firm is reminding investors of the November 30, 2026 deadline to seek the role of lead plaintiff in a federal securities class action filed against the company. The deadline applies to investors who purchased Endava plc securities between September 4, 2025, and September 21, 2026.

The complaint alleges that Endava and its executives violated federal securities laws by making false and/or misleading statements and failing to disclose material information. These include allegations that the accounting treatment for certain customer and supplier agreements required additional review. The complaint states this led to the company delaying its fourth quarter and full-year 2026 financial results and raised doubts about the effectiveness of the company's internal controls and procedures.

According to the press release, Endava's Chief Financial Officer, Mark Thurston, was placed on administrative leave on September 21, 2026. This decision was made at the recommendation of the company's Audit Committee, following an investigation initiated by independent outside counsel. The investigation began after the company's outside auditors raised concerns regarding the accounting treatment of certain customer and supplier agreements.

Following this news, Endava's American Depositary Shares (ADS) fell $0.68 per share, or 24.37%, closing at $2.11 per share on September 22, 2026. Faruqi & Faruqi, LLP encourages any investors who have suffered losses in Endava to contact attorney Josh Wilson to discuss their legal rights and potential options. The law firm also urges anyone with information regarding Endava's conduct to come forward.

Original source: prnewswire.com