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Class action lawsuit filed against Endava over alleged accounting issues, shares drop 24%.

Market News
30 Sep 2026, 21:15 WIB
Newsfile Corp
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Bearish
Class action lawsuit filed against Endava over alleged accounting issues, shares drop 24%.

A class action lawsuit has been filed against Endava plc by investors who bought its securities between September 4, 2025, and September 21, 2026. The lawsuit alleges that Endava misled investors about its accounting treatment of certain customer and supplier agreements. The issue came to light after the company disclosed that its CFO was placed on administrative leave amid an internal investigation into these accounting concerns. Following this news, Endava's share price fell over 24% to $2.11 per share. Investors affected have until November 30, 2026, to move to be lead plaintiff in the case.

The class action lawsuit involving Endava plc is noted here alongside Pluang's Technology-sector market data for context. For readers following Technology stocks, here is Pluang's market snapshot as of Oct 01, 2026 00:31 WIB: out of 150 priced US Technology stocks, 90 rose and 58 fell today. Notable movers include BRZE at USD 24.85 with a 7.34% increase and 100% buy order activity, HPE at USD 65.09 up 5.84% with 96% sell orders, and VERI at USD 1.25 down 5.30% with 61% buy orders.

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