enCore Energy Corp. Investors: Please contact the Portnoy Law Firm to recover your losses. May 13, 2025 Deadline to file Lead Plaintiff Motion.

Core Viewpoint - enCore Energy Corp. is facing a class action lawsuit due to alleged misleading statements and failures in financial reporting, which resulted in significant net losses for the company during the specified class period [3][4]. Group 1: Class Action Details - The class action lawsuit represents investors who purchased enCore securities between March 28, 2024, and March 2, 2025, with a deadline for filing a lead plaintiff motion set for May 13, 2025 [1]. - Investors are encouraged to contact the Portnoy Law Firm for a complimentary case evaluation and to discuss their legal rights [2]. Group 2: Allegations Against enCore Energy - The lawsuit alleges that enCore Energy lacked effective internal controls over financial reporting, which led to an inability to capitalize certain exploratory and development costs according to U.S. GAAP [3]. - enCore Energy reported a net loss of $61.3 million for fiscal 2024, more than double the $25.6 million loss from the previous fiscal year, attributing part of this increase to the inability to capitalize certain costs [4]. - Following the disclosure of these financial results and the identification of a "material weakness" in internal controls, enCore Energy's stock price fell by over 46% [4].