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Levi & Korsinsky Notifies Shareholders of enCore Energy Corp.(EU) of a Class Action Lawsuit and an Upcoming Deadline
Prnewswire· 2025-03-25 21:52
NEW YORK, March 25, 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 ...
ROSEN, SKILLED INVESTOR COUNSEL, Encourages enCore Energy Corp. Investors to Secure Counsel Before Important Deadline in Securities Class Action – EU
GlobeNewswire News Room· 2025-03-25 21:34
Core Viewpoint - Rosen Law Firm is reminding investors who purchased enCore Energy Corp. securities between March 28, 2024, and March 2, 2025, about the May 13, 2025, deadline to become a lead plaintiff in a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought enCore securities during the specified Class Period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties can join by submitting a form or contacting the law firm [2][5]. - The deadline to move the Court to serve as lead plaintiff is May 13, 2025, with the lead plaintiff acting on behalf of other class members [2]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified 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 and has been ranked highly for its performance in securities class action settlements [3]. - The firm’s founding partner was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020, showcasing the firm's reputation and expertise [3]. Group 3: Case Allegations - The lawsuit alleges that enCore made false and misleading statements and failed to disclose critical information regarding its internal controls and financial reporting [4]. - Specific claims include enCore's inability to capitalize certain exploratory and development costs under GAAP, leading to increased net losses [4]. - The misleading statements about enCore's business operations and prospects resulted in investor damages when the true information became public [4].
enCore Energy Corp. (EU) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-03-25 16:00
LOS ANGELES, March 25, 2025 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with losses related to enCore Energy Corp. ("enCore" or the "Company") (NASDAQ: EU) have opportunity to lead the securities fraud class action lawsuit.IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN ENCORE ENERGY CORP. (EU), CLICK HERE BEFORE MAY 13, 2025 (THE LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.What Is The Lawsuit About? The complaint filed alleges that, between Ma ...
Shareholders that lost money on enCore Energy Corp.(EU) Urged to Join Class Action - Contact The Gross Law Firm to Learn More
Prnewswire· 2025-03-24 09:45
NEW YORK, March 24, 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=137713&from=4 CLASS PERIOD: March 28, 2024 t ...
Faruqi & Faruqi Reminds enCore Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 13, 2025 - EU
Prnewswire· 2025-03-21 14:35
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In enCore To Contact Him Directly To Discuss Their OptionsIf you suffered losses exceeding $75,000 in enCore between March 28, 2024 and March 2, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).[You may also click here for additional information]NEW YORK, March 21, 2025 /PRNewswire/ -- ...
EnCore Energy Corp. Faces Class Action Lawsuit Following 46.4% Stock Drop
GlobeNewswire News Room· 2025-03-20 21:02
PLEASE CLICK HERE TO JOIN CASE AND PROVIDE CONTACT INFORMATION NEW YORK, March 20, 2025 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP announces the filing of a class action lawsuit against enCore Energy Corp. (NASDAQ: EU). This lawsuit, filed in the United States District Court for the Southern District of Texas, represents all individuals and entities who bought or acquired enCore securities between March 28, 2024, and March 2, 2025. The complaint alleges that enCore made misleading stateme ...
The Gross Law Firm Reminds enCore Energy Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 13, 2025 - EU
Prnewswire· 2025-03-20 09:45
NEW YORK, March 20, 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=137099&from=4CLASS PERIOD: March 28, 2024 to ...
EU Investors Have Opportunity to Lead enCore Energy Corp. Securities Fraud Lawsuit
Prnewswire· 2025-03-20 06:14
Core Viewpoint - A class action lawsuit has been filed against enCore Energy Corp. for alleged misleading statements and lack of effective internal controls during the Class Period from March 28, 2024, to March 2, 2025, with a lead plaintiff deadline of May 13, 2025 [1][4]. Group 1: Lawsuit Details - The lawsuit claims that enCore Energy Corp. made false and misleading statements regarding its financial reporting and internal controls, leading to increased net losses and materially misleading statements about its business prospects [4]. - Investors who purchased enCore securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1][2]. Group 2: Legal Representation - The 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 recovering significant amounts for investors [3]. - Investors interested in joining the class action can do so by submitting a form or contacting the firm directly, with the option to serve as lead plaintiff by the specified deadline [2][5]. Group 3: Class Certification Status - It is noted that no class has been certified yet, meaning investors are not represented by counsel unless they retain one, and they can choose to remain absent from the class [6].
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in enCore Energy Corp. of Class Action Lawsuit and Upcoming Deadlines - EU
Prnewswire· 2025-03-18 22:28
Core Viewpoint - A class action lawsuit has been filed against enCore Energy Corp. regarding allegations of securities fraud and unlawful business practices [2]. Financial Performance - enCore reported a net loss of $61.3 million for fiscal 2024, which is more than double the net loss of $25.6 million from the previous fiscal year [3]. - The company attributed its financial results to the inability to capitalize certain exploratory and development costs under U.S. GAAP, which would have been capitalized under IFRS [3]. Internal Controls and Management Changes - enCore identified a "material weakness" in its internal controls over financial reporting, primarily due to an ineffective control environment affecting risk assessment and monitoring activities [3]. - The company's Chief Executive Officer is no longer serving in that role or as a member of the Board [3]. Stock Market Reaction - Following the announcement of the financial results and management changes, enCore's stock price fell by $1.17 per share, or 46.4%, closing at $1.35 per share on March 3, 2025 [3].
Investor Alert: Robbins LLP Informs Investors of the EnCore Energy Corp. Class Action Lawsuit
Prnewswire· 2025-03-18 03:57
Core Points - A class action has been filed against enCore Energy Corp. for allegedly misleading investors regarding its business prospects during the period from March 28, 2024, to March 2, 2025 [1][2] - The complaint highlights that enCore failed to disclose significant issues, including ineffective internal controls over financial reporting and the inability to capitalize certain exploratory and development costs under GAAP, leading to increased net losses [2][3] - On March 3, 2025, enCore reported a net loss of $61.3 million for fiscal 2024, more than double the previous year's loss of $25.6 million, attributing this to accounting standards discrepancies and identified material weaknesses in internal controls [3] Company Developments - Following the financial results announcement, enCore appointed a new acting CEO, replacing Paul Goranson, which contributed to a significant stock price drop of $1.17, or 46.4%, closing at $1.35 per share on March 3, 2025 [3] - Shareholders interested in participating in the class action must file their papers by May 13, 2025, to serve as lead plaintiff, representing other class members in the litigation [4] Legal Context - Robbins LLP, a firm specializing in shareholder rights litigation, is leading the class action, emphasizing that representation is on a contingency fee basis, meaning shareholders incur no fees or expenses [5]