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enCore Energy Appoints Mr. Nathan Tewalt to the Board of Directors
Prnewswire· 2025-04-15 11:00
DALLAS, April 15, 2025 /PRNewswire/ - enCore Energy Corp. (NASDAQ: EU) (TSXV: EU) (the "Company" or "enCore"), America's Clean Energy Company™, announced today the appointment of Mr. Nathan Tewalt as a Director of the Board for enCore Energy Corp. Mr. Tewalt previously served on the enCore Energy Corp. Board of Directors from 2017 to 2022. Mr. Nathan Tewalt, Director With over 40 years of experience as an economic geologist in the mineral extraction industry, Mr. Tewalt has served in executive roles for ura ...
EU Investors Have the Opportunity to Lead the enCore Securities Fraud Lawsuit with Faruqi & Faruqi, LLP
GlobeNewswire News Room· 2025-04-13 13:02
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 Options If 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, April 13, 2025 (GLOBE NEWSW ...
enCore Energy (EU) Faces Investor Lawsuit Amid Financial Reporting Woes, Leadership Shakeup – Hagens Berman
GlobeNewswire News Room· 2025-04-11 17:44
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].
enCore Energy Corp. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky for More Information - EU
Prnewswire· 2025-04-11 09:45
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 ...
enCore Energy Corp. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm Before May 13, 2025 to Discuss Your Rights - EU
Prnewswire· 2025-04-10 09:45
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 ...
ROSEN, GLOBAL INVESTOR COUNSEL, Encourages enCore Energy Corp. Investors to Secure Counsel Before Important Deadline in Securities Class Action – EU
GlobeNewswire News Room· 2025-04-09 21:36
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].
enCore Completes Sale of New Mexico Assets to Verdera Energy Corp.
Prnewswire· 2025-04-09 11:00
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 ...
EU Investors are Reminded of Opportunity to Lead enCore Energy Corp. Securities Fraud Lawsuit with the Schall Law Firm
Prnewswire· 2025-04-08 13:54
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].
Levi & Korsinsky Reminds enCore Energy Corp. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 13, 2025 - EU
Prnewswire· 2025-04-08 09:45
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 ...
Lost Money on enCore Energy Corp.(EU)? Join Class Action Suit Seeking Recovery - Contact The Gross Law Firm
Prnewswire· 2025-04-07 09:45
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 ...