NEW YORK, Aug. 26, 2024 /PRNewswire/ — Pomerantz LLP is investigating claims on behalf of investors of Endava plc (“Endava” or the “Company”) (NYSE: DAVA). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether Endava and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
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On February 29, 2024, Endava announced its financial results for the three months ended December 31, 2023. Among other items, Endava stated that it was running behind its recent revenue trajectory by approximately £70 million, or nearly 9% below prior projections at the midpoint.
On this news, Endava’s American depositary share (“ADS”) price fell $26.65 per ADS, or 41.76%, to close at $37.17 per ADS on February 29, 2024.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered billions of dollars in damages awards on behalf of class members. See www.pomlaw.com.
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CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980
SOURCE Pomerantz LLP
