Levi & Korsinsky Notifies Endava plc Investors of a Class Action Lawsuit and Upcoming Deadline – DAVA

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].