NEW YORK, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP announces that a shareholder has filed a securities class action lawsuit on behalf of investors (the "Class") who purchased or acquired the securities of Endava, plc ("Endava" or the "Company") (NYSE: DAVA) between May 23, 2023 and February 28, 2024, inclusive (the "Class Period"). For more information, submit a form at Endava, plc Shareholder Class Action Lawsuit, email Investor Relations Manager Peter Allocco at pallocco@bernlieb.com, or c ...

ATLANTA, Aug. 27, 2024 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against Endava, PLC ("Endava" or "the Company") (NYSE: DAVA). The lawsuit alleges that Defendants made materially false and/or misleading statements and/or failed to disclose material adverse facts about the Company's business, operations, and prospects, including allegations that: (1) demand for Endava's services was declining; (2) the Company's clients delayed or canceled projects; and (3) as a result, Endava's fi ...

Core Insights - Pomerantz LLP is investigating claims on behalf of investors of Endava plc regarding potential securities fraud or unlawful business practices by the company and its officers [1][2] Financial Performance - On February 29, 2024, Endava reported financial results indicating a revenue shortfall of approximately £70 million, which is nearly 9% below prior projections at the midpoint [2] - Following the announcement, Endava's American depositary share (ADS) price dropped by $26.65, or 41.76%, closing at $37.17 per ADS on the same day [2] Legal Context - Pomerantz LLP is recognized for its expertise in corporate, securities, and antitrust class litigation, having recovered billions of dollars in damages for victims of securities fraud and corporate misconduct [3]

SAN DIEGO, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Endava plc (NYSE: DAVA) securities between May 23, 2023 and February 28, 2024, inclusive (the "Class Period"), have until October 25, 2024 to seek appointment as lead plaintiff of the Endava class action lawsuit. Captioned Mueller v. Endava, plc, No. 24-cv-06423 (S.D.N.Y.), the Endava class action lawsuit charges Endava and certain of Endava's top executives with violations of the Securiti ...

SAN DIEGO, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving Endava plc (NYSE: DAVA) focused on whether Endava and certain of its top executives made false and/or misleading statements and/or failed to disclose material information to investors. If you have information that could assist in this investigation or if you are an Endava investor who suffered a loss and would like to learn more, you can provide your i ...

LOS ANGELES, Aug. 12, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Endava plc ("Endava" or "the Company") (NYSE: DAVA) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Endava filed a Form 6-K with the SEC on February 29, 2024. The Company reported revenues ...

SAN DIEGO, Aug. 9, 2024 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP is investigating whether Endava plc (NYSE: DAVA) (the "Company") or any of its executive officers or others violated securities laws by misrepresenting or failing to timely disclose material, adverse information to investors. The investigation focuses on investors' losses and whether they may be recovered under federal securities laws. What if I purchased Endava securities? If you purchased securities and suffered signif ...

The stock market appears to be entering a major rotation. Over the past week, the largest tech and momentum stocks have started selling off. In particular, firms related to semiconductors and AI have seen their share prices plunge. This could be normal profit-taking after the massive run-up over the past year. There are also concerns that the Republican presidential ticket could shake up the tech landscape, leading to challenges for the leading firms in the field. However, the large companies' struggles cou ...

The tech industry has posted market-beating results in 2024, posting year-to-date returns of 28.33%, beating the S&P 500, which gained 17.73% in the same period. If you have not invested in any tech stock, this is a great time to do so, as tech stocks continue to rise in price. Companies in the tech sector are set to begin releasing their Q2 returns this month, which could boost their share price. Overall, the performance of technology stocks has been rewarding for investors, and these three tech stocks sho ...

It might seem like it's way too late to be looking for undervalued software stocks in July 2024. After all, the Nasdaq 100 Index has been going virtually straight up for the past two years. Most companies related to growth fields such as artificial intelligence (AI) have already rocketed higher in recent months. Valuations are stretched in many leading growth names. However, other software stocks are still trading near multi-year lows and at truly bombed out valuations. These are three profitable software c ...