Endava(DAVA)
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DAVA REMINDER – Robbins LLP Reminds DAVA Stockholders to Seek Counsel in Light of the Pending Lead Plaintiff Deadline
GlobeNewswire News Room· 2024-10-04 23:45
Core Viewpoint - Robbins LLP is investigating allegations that Endava PLC misled investors regarding its business prospects, particularly concerning declining demand for services and project delays by clients [2][3]. Group 1: Allegations and Class Action - A class action has been filed on behalf of all persons and entities that purchased Endava PLC securities between May 23, 2023, and February 28, 2024 [1]. - The complaint alleges that during the class period, Endava failed to disclose that demand for its services was declining, clients were delaying or canceling projects, and that these factors would adversely affect the company's revenue and earnings for fiscal years 2023 and 2024 [2]. - The positive statements made by Endava regarding its business operations and prospects were claimed to be materially misleading and lacked a reasonable basis [2]. Group 2: Financial Impact - On February 29, 2024, Endava reported disappointing financial results for the second quarter of 2024 and provided a bleak outlook for the third quarter and full fiscal year 2024, attributing some of the issues to client order delays due to economic uncertainty [3]. - Following this announcement, the price of Endava's American Depositary Shares (ADS) fell by $26.65, or nearly 42%, closing at $37.17 [3]. Group 3: Class Action Participation - Shareholders interested in serving as lead plaintiffs in the class action must submit their applications to the court by October 25, 2024 [4]. - Participation in the case is not required to be eligible for recovery, and shareholders can choose to remain absent class members [4].
ROSEN, NATIONAL TRIAL LAWYERS, Encourages Endava plc Investors to Secure Counsel Before Important Deadline in Securities Class Action – DAVA
GlobeNewswire News Room· 2024-10-03 21:02
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Endava plc securities during the specified Class Period of the upcoming lead plaintiff deadline on October 25, 2024, and the potential for compensation without out-of-pocket costs [1][2]. Group 1: Class Action Details - Investors who bought Endava securities between May 23, 2023, and February 28, 2024, may be eligible to join a class action lawsuit [1][2]. - A class action lawsuit has already been filed, and interested parties must act by the lead plaintiff deadline to represent other class members [2][4]. - The lawsuit alleges that Endava made false or misleading statements regarding its business performance, including declining demand for services and project cancellations by clients, which adversely affected revenue and earnings for fiscal years 2023 and 2024 [4]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in this area [3]. - The firm has secured significant settlements for investors, including over $438 million in 2019, and has been recognized as a leader in the field of securities class action litigation [3].
Contact The Gross Law Firm by October 25, 2024 Deadline to Join Class Action Against Endava plc(DAVA)
GlobeNewswire News Room· 2024-10-02 16:54
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Endava plc regarding a class action lawsuit due to alleged misleading statements and failure to disclose critical information affecting the company's financial performance during the specified class period [1][2]. Group 1: Allegations - The complaint alleges that during the class period from May 23, 2023, to February 28, 2024, the defendants made materially false and misleading statements [2]. - Specific allegations include a decline in demand for the company's services, delays or cancellations of client projects, and adverse effects on the company's fiscal 2023 and 2024 revenue and earnings [2]. - The positive statements made by the defendants regarding the company's business and prospects were claimed to be materially misleading and lacked a reasonable basis [2]. Group 2: Class Action Details - The deadline for shareholders to register for the class action is October 25, 2024, and there is no cost or obligation to participate [3]. - Shareholders who register will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle [3]. - The Gross Law Firm emphasizes its commitment to protecting investors' rights and ensuring responsible business practices [4].
Levi & Korsinsky Notifies Endava plc Investors of a Class Action Lawsuit and Upcoming Deadline – DAVA
GlobeNewswire News Room· 2024-09-30 17:48
Core Viewpoint - A class action securities lawsuit has been filed against Endava plc, alleging securities fraud that negatively impacted investors between May 23, 2023, and February 28, 2024 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that the defendants made false statements and concealed information regarding a decline in demand for Endava's services, project delays or cancellations by clients, and the adverse effects on the company's fiscal 2023 and 2024 revenue and earnings [2]. - It is alleged that the positive statements made by the defendants about Endava's business operations and prospects were materially misleading and lacked a reasonable basis [2]. Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until October 25, 2024, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, and there is no obligation to participate [3]. Group 3: Law Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].
Endava plc Class Action: The Gross Law Firm Reminds Endava Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of October 25, 2024 - DAVA
Prnewswire· 2024-09-30 09:45
NEW YORK, Sept. 30, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Endava plc (NYSE: DAVA). Shareholders who purchased shares of DAVA during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/endava-loss-submission-form/?id=105570&from=4 CLASS PERIOD: May 23, 2023 to February 28, 202 ...
ROSEN, NATIONAL TRIAL ATTORNEYS, Encourages Endava plc Investors to Secure Counsel Before Important Deadline in Securities Class Action – DAVA
GlobeNewswire News Room· 2024-09-26 22:34
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Endava plc securities during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1] Group 1: Class Action Details - The Class Period for the Endava securities lawsuit is from May 23, 2023, to February 28, 2024 [1] - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the Court by October 25, 2024, to serve as lead plaintiff [2] Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company [3] - The firm was ranked No. 1 for securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions for investors [3] - In 2019, the firm secured over $438 million for investors, and its founding partner was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020 [3] Group 3: Case Allegations - The lawsuit alleges that during the Class Period, Endava made false or misleading statements regarding the demand for its services, which was declining [4] - It is claimed that clients of Endava delayed or canceled projects, adversely affecting the company's fiscal 2023 and 2024 revenue and earnings [4] - The lawsuit asserts that the positive statements made by Endava about its business and prospects were materially misleading [4]
Shareholders that lost money on Endava plc(DAVA) Urged to Join Class Action - Contact The Gross Law Firm to Learn More
Prnewswire· 2024-09-26 09:45
Group 1 - The Gross Law Firm has issued a notice to shareholders of Endava plc (NYSE: DAVA) regarding a class action lawsuit for shareholders who purchased shares during the class period from May 23, 2023, to February 28, 2024 [1] - The allegations in the complaint include claims that demand for the company's services was declining, clients were delaying or canceling projects, and that these factors would adversely affect the company's fiscal 2023 and 2024 revenue and earnings [1] - The complaint asserts that the defendants made materially false and/or misleading statements about the company's business, operations, and prospects, which lacked a reasonable basis [1] Group 2 - Shareholders are encouraged to register for the class action lawsuit by the deadline of October 25, 2024, and will be enrolled in a portfolio monitoring software for status updates throughout the case [2] - There is no cost or obligation for shareholders to participate in the case, and appointment as lead plaintiff is not required to partake in any recovery [2] Group 3 - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered due to deceit, fraud, and illegal business practices [3] - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who incurred losses from false or misleading statements that led to artificial inflation of stock prices [3]
SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Endava
GlobeNewswire News Room· 2024-09-26 02:22
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Endava To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $100,000in Endava between May 23, 2023, and February 28, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, Sept. 25, 2024 (GLOBE NE ...
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of October 25, 2024 in Endava Lawsuit – DAVA
GlobeNewswire News Room· 2024-09-24 16:58
NEW YORK, Sept. 24, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Endava plc (NYSE: DAVA). Shareholders who purchased shares of DAVA during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/endava-loss-submission-form/?id=104512&from=3 CLASS PERIOD: May 23, 2023 to February 28, ...
SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Endava
Prnewswire· 2024-09-23 16:05
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Endava plc due to allegations of violations of federal securities laws, which have led to significant financial losses for investors [2][4]. Group 1: Legal Investigation and Claims - Faruqi & Faruqi is encouraging investors who suffered losses exceeding $100,000 in Endava between May 23, 2023, and February 28, 2024, to discuss their legal options [1]. - The firm is reminding investors of the October 25, 2024, deadline to seek the role of lead plaintiff in a federal securities class action against Endava [2]. - The complaint alleges that Endava and its executives made false or misleading statements and failed to disclose material adverse facts about the company's business and prospects [4]. Group 2: Financial Impact and Stock Performance - The complaint highlights that demand for Endava's services was declining, leading to project delays or cancellations by clients, which adversely affected the company's revenue and earnings for fiscal years 2023 and 2024 [4]. - Following the revelation of these issues, Endava's stock price dropped significantly, with a decline of $26.65, or 42%, closing at $37.17 after the company reported revenues below expectations and drastically cut revenue guidance for full year 2024 [5].