Endava Faces Class Action Lawsuit Over Accounting Disclosures

The complaint filed by Robbins LLP targets the period between September 4, 2025, and September 21, 2026. Investors claim that Endava failed to disclose that its accounting treatment for specific customer and supplier agreements required deeper scrutiny. These omissions allegedly rendered the company’s public statements regarding its business operations and financial health materially misleading.

The volatility peaked after Endava announced on September 21, 2026, that CFO Mark Thurston had been placed on administrative leave. The board’s Audit Committee initiated an investigation following concerns raised by outside auditors. In response to the disclosure, Endava’s American Depositary Shares dropped $0.68, closing at $2.11 on September 22. Shareholders who suffered losses during the class period must contact the firm by the November 30, 2026, lead plaintiff deadline to participate in the litigation.