Endava shares fall 24.2% after CFO placed on administrative leave

  • Endava placed CFO Mark Thurston on administrative leave during an outside-counsel investigation.
  • 24.2%: Endava shares fell as much as $0.67 during September 22 intraday trading.
  • Glancy Prongay Wolke & Rotter is investigating potential federal securities law violations.

Endava plc said on September 21, 2026, that Chief Financial Officer Mark Thurston had been placed on administrative leave while independent outside counsel investigates the company’s accounting treatment of certain customer and supplier agreements and related matters. Endava shares fell as much as $0.67, or 24.2%, in intraday trading on September 22. Glancy Prongay Wolke & Rotter LLP is investigating possible federal securities law violations on behalf of investors and is inviting people who lost money on Endava shares to inquire about potential claims. The firm is also seeking non-public information that could be submitted under the SEC whistleblower program, which provides eligible whistleblowers with potential rewards of up to 30% of a successful recovery.

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