DAVA Deadline: DAVA Investors Have Opportunity to Lead Endava plc Securities Fraud Lawsuit

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 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 to serve as lead plaintiff by October 25, 2024 [1][3]. Group 2: Allegations Against Endava - The lawsuit alleges that during the Class Period, Endava made false or misleading statements regarding the demand for its services, which was reportedly declining [3]. - It is claimed that Endava's clients delayed or canceled projects, adversely affecting the company's fiscal 2023 and 2024 revenue and earnings [3]. - The lawsuit asserts that the positive statements made by Endava about its business operations and prospects were materially misleading and lacked a reasonable basis [3]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company and being ranked No. 1 for securities class action settlements in 2017 [2]. - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone [2]. - Founding partner Laurence Rosen was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020, highlighting the firm's expertise in this area [2].