The Law Offices of Frank R. Cruz Announces Investigation of Endava, plc (DAVA) on Behalf of Investors

The Law Offices of Frank R. Cruz announces an investigation of Endava, plc (“Endava” or the “Company”) (NYSE: DAVA) on behalf of investors concerning the Company’s possible violations of federal securities laws.

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On February 29, 2024, Endava released its second quarter fiscal 2024 financial results, falling below estimates and providing lowered guidance for the remainder of the fiscal year. The Company further stated that some of its clients had delayed their orders due to economic uncertainty.

On this news, Endava’s stock price fell $26.65, or 41.8%, to close at $37.17 per share on February 29, 2024, thereby injuring investors.

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If you purchased Endava securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 2121 Avenue of the Stars, Suite 800, Century City, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20240828172481/en/