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Contact The Gross Law Firm by October 25, 2024 Deadline to Join Class Action Against Endava plc(DAVA)
EndavaEndava(US:DAVA) GlobeNewswire News Roomยท2024-10-02 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].