Indivior PLC shareholders face class action lawsuit deadline in September 2024
- Levi & Korsinsky, LLP filed a class action lawsuit against Endava plc for alleged securities fraud affecting investors from May 23, 2023, to February 28, 2024.
- The complaint alleges that the company misled investors about declining demand for services and project cancellations, impacting its financial outlook.
- Affected investors have until October 25, 2024, to request lead plaintiff status, with no cost to participate in the lawsuit.
On September 11, 2024, Levi & Korsinsky, LLP announced a class action securities lawsuit against Endava plc, a company listed on the NYSE under the ticker DAVA. The lawsuit aims to recover losses for investors who were negatively impacted by alleged securities fraud occurring between May 23, 2023, and February 28, 2024. The complaint claims that the defendants made misleading statements regarding the company's business performance, including a decline in demand for services and project cancellations by clients. The lawsuit highlights that these false representations led to a significant misrepresentation of the company's fiscal outlook for 2023 and 2024. Investors are encouraged to take action by requesting to be appointed as lead plaintiffs by the deadline of October 25, 2024. However, participation in any potential recovery does not require serving as a lead plaintiff, and there are no costs or obligations involved. Levi & Korsinsky has a strong reputation in securities litigation, having secured substantial recoveries for shareholders over the past two decades. The firm has consistently ranked among the top securities litigation firms in the United States, indicating its capability to handle high-stakes cases effectively. Investors who believe they have suffered losses during the specified timeframe are urged to contact the firm for more information. This lawsuit represents a significant opportunity for affected shareholders to seek justice and potentially recover their losses due to the alleged fraudulent activities of Endava's management.