Endava Investors: Legal Action Could Recover Your Losses

Author: Ryan Hughes Updated: 10-01-2024 03:28 PM

Class Action Lawsuit Notification for Endava Investors

Levi & Korsinsky, LLP is reaching out to investors in Endava plc regarding a class action lawsuit aimed at addressing financial losses suffered by shareholders. This class action arises from the allegation of securities fraud impacting the company.

Understanding the Class Definition

Who is Eligible?

This lawsuit is designed for shareholders impacted by the alleged fraud, which is said to have occurred between two specific dates. Investors who held shares during this timeframe and suffered losses may potentially recover damages through the lawsuit.

Details of the Allegations

The core of the lawsuit revolves around claims that misleading statements were made regarding the company's performance. It is alleged that the demand for Endava's services had declined significantly, which led to clients delaying or outright canceling projects. Consequently, this impacted the company's revenue and earnings for fiscal years 2023 and 2024.

What Investors Should Know Next

Investors who have felt the impact of these circumstances have a limited window to act. A key date in the process is approaching when affected individuals need to request to be appointed as lead plaintiff. However, participation in the class does not require leading the case, meaning shareholders can still share in potential recovery without the obligation of being a lead plaintiff.

Zero Costs for Participants

It is crucial for affected investors to understand that joining this class action has no associated costs. Members of the class may qualify for compensation without incurring any fees, making this an accessible opportunity for those wanting to recover losses.

About Levi & Korsinsky, LLP

Levi & Korsinsky has built a reputation over 20 years for securing significant financial settlements for shareholders. With extensive expertise in securities litigation, their firm boasts a team of dedicated professionals focused on representing investors in complex cases. They have consistently ranked among the top securities litigation firms in the country, underlining their commitment to achieving justice for their clients.

Contact Information for Assistance

For investors needing more insight into the lawsuit or those wishing to express their intent to participate, they are encouraged to reach out via the provided contact information. Levi & Korsinsky offers consultations to discuss the particulars of the case, ensuring investors have clear guidance on their options.

Frequently Asked Questions

What should I do if I lost money on Endava?

If you lost money on Endava shares, consider contacting Levi & Korsinsky for information regarding your eligibility to participate in the class action lawsuit.

Is there a deadline for joining the lawsuit?

Yes, affected investors must act before the specified deadline to request lead plaintiff status, but they can still benefit from the class action without this role.

Will there be any costs for joining the class action?

No, there are no costs associated with participating in the lawsuit, making it accessible for all affected shareholders.

How will I know if I am part of the class?

Upon expressing your intent to join, Levi & Korsinsky will provide details on your eligibility and inform you about your rights as part of the class.

What is Endava’s stock information?

Endava plc is listed under the stock ticker DAVA on the NYSE and is subject to market dynamics that could affect investor recovery.

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