Core Viewpoint - A class-action lawsuit has been filed against enCore Energy Corp. for alleged violations of the Securities Exchange Act of 1934, representing investors who purchased securities during a specified period [1][2]. Group 1: Lawsuit Details - The lawsuit, Zhongjian v. enCore Energy Corp., claims that the company and certain executives issued misleading statements and failed to disclose critical financial weaknesses [2][5]. - The class period for the lawsuit is from March 28, 2024, to March 2, 2025, with a lead plaintiff deadline set for May 13, 2025 [2]. Group 2: Financial Performance - enCore Energy reported a net loss of $61.3 million for fiscal 2024, more than double the $25.6 million loss from the previous year, attributed to the inability to capitalize certain costs under GAAP [3]. - The company acknowledged a "material weakness" in its internal controls over financial reporting, citing deficiencies in risk assessment and monitoring processes [3]. Group 3: Leadership Changes - Following the financial disclosures, enCore announced a leadership change, with Paul Goranson stepping down as CEO and Robert Willette appointed as Acting Chief Executive Officer [4]. Group 4: Stock Price Reaction - After the financial turmoil and leadership changes, enCore's stock price fell by over 46%, leading to increased scrutiny from shareholders [5]. Group 5: Investigation - Hagens Berman is conducting an investigation into enCore's financial reporting practices and is encouraging investors who suffered losses to come forward [6][7].

NEW YORK, April 11, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in enCore Energy Corp. ("enCore Energy" or the "Company") (NASDAQ: EU) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of enCore Energy investors who were adversely affected by alleged securities fraud between March 28, 2024 and March 2, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/encore-energy-corp-law ...

NEW YORK, April 10, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of enCore Energy Corp. (NASDAQ: EU).Shareholders who purchased shares of EU during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/encore-energy-corp-loss-submission-form/?id=141947&from=4CLASS PERIOD: March 28, 2024 to ...

Core Viewpoint - Rosen Law Firm is reminding investors who purchased enCore Energy Corp. securities between March 28, 2024, and March 2, 2025, of the May 13, 2025, deadline to become lead plaintiffs in a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought enCore securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by May 13, 2025 [2]. - The lawsuit alleges that enCore made false and misleading statements regarding its financial reporting and internal controls, leading to increased net losses and misleading positive statements about its business [4]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in this area [3]. - The firm has secured significant settlements for investors, including over $438 million in 2019 alone, and has been consistently ranked among the top firms for securities class action settlements [3].

NASDAQ:EUTSXV:EUwww.encoreuranium.com DALLAS, April 9, 2025 /PRNewswire/ - enCore Energy Corp. (NASDAQ: EU) (TSXV: EU) (the "Company" or "enCore"), America's Clean Energy Company™, announced today that, further to its press release dated March 18, 2025, it has completed the sale of an enCore subsidiary that holds the Crownpoint, Hosta Butte, Nose Rock, West Largo, and Ambrosia Lake – Treeline uranium projects located in New Mexico (the "Properties") to Verdera Energy Corp. ("Verdera").As consideration for t ...

Core Viewpoint - A class action lawsuit has been filed against enCore Energy Corp for alleged violations of securities laws, specifically related to misleading statements about its financial performance and internal controls [1][4]. Group 1: Lawsuit Details - The lawsuit is initiated by the Schall Law Firm, focusing on enCore's alleged violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 [1]. - Investors who purchased enCore's securities between March 28, 2024, and March 2, 2025, are encouraged to participate in the class action before May 13, 2025 [2]. Group 2: Company Performance Issues - The complaint states that enCore made false and misleading statements regarding its financial performance, attributing its weak performance in fiscal year 2024 to a material weakness in internal controls over financial reporting [4]. - The company claimed that the ineffective control environment led to poor risk assessment and monitoring activities, which rendered its public statements misleading throughout the class period [4]. Group 3: Investor Communication - The Schall Law Firm offers free consultations for affected shareholders to discuss their rights and potential participation in the lawsuit [3]. - The class has not yet been certified, meaning that until certification occurs, investors are not represented by an attorney [3].

NEW YORK, April 8, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in enCore Energy Corp. ("enCore Energy" or the "Company") (NASDAQ: EU) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of enCore Energy investors who were adversely affected by alleged securities fraud between March 28, 2024 and March 2, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/encore-energy-corp-laws ...

NEW YORK, April 7, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of enCore Energy Corp. (NASDAQ: EU).Shareholders who purchased shares of EU during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/encore-energy-corp-loss-submission-form/?id=140990&from=4 CLASS PERIOD: March 28, 2024 to ...

Core Viewpoint - enCore Energy Corp. is facing a class action securities lawsuit due to alleged securities fraud that occurred between March 28, 2024, and March 2, 2025 [1][2] Group 1: Allegations and Impact - The lawsuit claims that enCore Energy lacked effective internal controls over financial reporting [2] - It is alleged that enCore could not capitalize certain exploratory and development costs under GAAP, leading to a substantial increase in net losses [2] - Defendants' positive statements regarding the Company's business and prospects were materially misleading and lacked a reasonable basis due to the aforementioned issues [2] Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until May 13, 2025, to request to be appointed as lead plaintiff [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4]

SAN FRANCISCO, April 03, 2025 (GLOBE NEWSWIRE) -- enCore Energy Corp. (NASDAQ: EU), a uranium extraction firm branding itself as "America's Clean Energy Company," has recently divested its New Mexico uranium projects in a strategic move that coincides with mounting legal challenges and a sharp decline in investor confidence. Prominent investor rights firm Hagens Berman is investigating the claims and urges investors who purchased enCore Energy shares and suffered substantial losses to submit your losses now ...