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Endava CFO placed on leave amid accounting probe, shares drop 24%.

Market News
24 Sep 2026, 23:17 WIB
PRNewsWire
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Bearish
Endava CFO placed on leave amid accounting probe, shares drop 24%.

Endava plc's CFO, Mark Thurston, has been placed on administrative leave as the company investigates its accounting practices related to customer and supplier agreements. This announcement caused Endava's ADR price to fall by 24.37% to $2.11. The investigation, led by independent outside counsel, raises concerns about possible securities fraud or unlawful business practices. Investors are being advised to consider joining a class action lawsuit through Pomerantz LLP, which is handling the case.

Endava plc's recent investigation into accounting practices follows a Technology-sector market where 55 of 150 US stocks rose and 95 fell on Pluang. As of Sep 25, 2026 02:21 WIB, notable movers include Fastly Inc (FSLY) down 8.84% at USD 27.03 with a typical hold time of 26 days and a Pluang order activity of 38% Sell / 62% Buy, Unity Software Inc (U) down 7.21% at USD 40.92 with 50 days hold time and 0% Sell / 100% Buy order activity, and PubMatic Inc (PUBM) up 6.67% at USD 18.62 with 39 days hold time and 0% Sell / 100% Buy order activity.

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