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NewMarketsReported 2026-10-08 22:00

Endava Plc Faces Class Action Lawsuit Over Potential Securities Fraud

Endava Plc, a Romanian IT services company, is facing a class action lawsuit alleging securities fraud, following the placement of its CFO on administrative leave pending an investigation into accounting practices.

Why it matters. Investors in Endava Plc are affected as the lawsuit could lead to significant financial repercussions for the company.

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Evidence

  • PPR Newswire news releasesCompany2026-10-08 22:00
    NEW YORK, Oct. 8, 2026 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Endava Plc ("Endava" or the "Company") (NYSE: DAVA).
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  • PPR Newswire news releasesCompany2026-10-08 22:00
    The class action concerns whether Endava and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
    View source