Important Information for enCore Energy Corp. Investors: Rosen Law Firm Reminds of Class Action Lawsuit and Lead Plaintiff Deadline
New York, NY – March 31, 2025
Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of enCore Energy Corp. (NASDAQ: EU) between March 28, 2024, and March 2, 2025 (the “Class Period”), of the important May 13, 2025, lead plaintiff deadline. The lawsuit seeks to recover damages for enCore Energy investors under the Securities Exchange Act of 1934.
Background on the Class Action Lawsuit
The complaint alleges that during the Class Period, enCore Energy made materially false and/or misleading statements and/or failed to disclose that:
- The Company’s financial statements for the periods ended December 31, 2023, and September 30, 2023, contained material errors;
- The Company’s internal controls over financial reporting were inadequate;
- The Company’s revenue growth was due, in part, to improper revenue recognition;
- The Company’s COO, who was responsible for the Company’s financial reporting, had been terminated due to concerns over accounting irregularities;
As a result of these allegations, investors who purchased enCore Energy securities during the Class Period may be able to recover their losses.
Effect on Individual Investors
If you purchased enCore Energy securities during the Class Period, you may be eligible to be a lead plaintiff. As a lead plaintiff, you may be able to direct the litigation and participate in important decisions, including whether to accept a settlement. In addition, you may be able to recover your investment losses, which could be substantial.
Effect on the World
The impact of this class action lawsuit on the world may be significant, as it could lead to increased scrutiny and regulation of public companies’ financial reporting practices. It could also serve as a reminder to investors to carefully research companies before investing and to be vigilant for signs of accounting irregularities.
Conclusion
If you purchased enCore Energy securities during the Class Period and believe that you may have lost money as a result of the Company’s alleged securities law violations, you may be eligible to join the class action lawsuit. The May 13, 2025, lead plaintiff deadline is approaching, so it’s important to act quickly if you believe you have a claim. Contact Rosen Law Firm today for a free consultation to discuss your potential recovery.
About Rosen Law Firm: Rosen Law Firm represents investors in securities fraud class actions and derivative lawsuits. The firm has recovered over $800 million for its clients and is ranked in the top 4 in shareholder derivative recoveries! If you wish to join a securities class action lawsuit, please contact Rosen Law Firm today.
