NYSE: DAVA LAWSUIT ALERT: Investors Who Lost Money With Shares of Endava Plc (NYSE:DAVA) Should Contact the Shareholders Foundation
SAN DIEGO, CA, September 5, 2024 (Newswire.com) - A lawsuit was filed for certain investors in Endava plc (NYSE:DAVA) shares. Investors in NYSE:DAVA shares should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The Shareholders Foundation, Inc. announces that a lawsuit was filed for certain investors in Endava plc (NYSE:DAVA) shares.
Investors that purchased a significant number of shares of Endava plc (NYSE: DAVA) have certain options and for certain investors are short and strict deadlines running. Deadline: October 25, 2024. NYSE: DAVA investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
On February 29, 2024, Endava plc announced 2Q24 financial results and then reduced its revenue guidance for the 3Q and full fiscal year 2024. The Company blamed it on the "uncertain economic environment" causing delays in bookings ramp. Analysts commenting on Endava's reduced guidance note management being overly confident that new deals would ramp-up quicker than they did and an expected rebound in payments and financial services.
On August 26, 2024, a lawsuit was filed by an investor in NYSE: DAVA shares against Endava plc. The plaintiff alleged that the defendants failed to disclose that demand for the Company's services was declining, that the Company's clients delayed or canceled projects, that as a result, the Company's fiscal 2023 and 2024 revenue and earnings would be adversely affected, and that , as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Those who purchased Endava plc (NYSE: DAVA) shares should contact the Shareholders Foundation, Inc.
CONTACT:
Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
mail@shareholdersfoundation.com
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.
Contact Information
Michael Daniels
Manager
mail@shareholdersfoundation.com
858-779-1554
SOURCE: Shareholders Foundation, Inc.
Source: Shareholders Foundation, Inc.
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