Workflow
enCore Energy Corp. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky Before May 13, 2025 to Discuss Your Rights – EU
enCore EnergyenCore Energy(US:EU) GlobeNewswire News Room·2025-05-08 17:54

Core Points - A class action securities lawsuit has been filed against enCore Energy Corp. for alleged securities fraud affecting investors between March 28, 2024, and March 2, 2025 [1][2] - The complaint claims that enCore Energy lacked effective internal controls over financial reporting, could not capitalize certain exploratory and development costs under GAAP, and that these issues led to substantially increased net losses [2] - Defendants' positive statements regarding the company's business and prospects were allegedly materially misleading and lacked a reasonable basis [2] Next Steps - Investors who suffered losses during the specified timeframe have until May 13, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving as lead plaintiff [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [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]