Company Overview - Endava plc is characterized as a software development company that provides businesses with digital transformation consulting and software development solutions [3] Recent Developments - On February 29, 2024, Endava announced its financial results for the three months ended December 31, 2023, revealing that it was running behind its recent revenue trajectory by approximately £70 million, or nearly 9% below prior projections at the midpoint [4] - Following this announcement, the price of Endava American Depositary Shares fell approximately 42% [4] Legal Investigation - Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving Endava plc, focusing on whether Endava and certain of its top executives made false and/or misleading statements and/or failed to disclose material information to investors [1]
DAVA INVESTIGATION ALERT: Robbins Geller Rudman & Dowd LLP Announces Investigation into Endava plc and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm