Important Information for enCore Energy Corp. Securities Purchasers: Rosen Law Firm Reminds of May 13, 2025 Lead Plaintiff Deadline
New York, NY – April 9, 2025
Rosen Law Firm, a leading global investor rights law firm, reminds purchasers of securities of enCore Energy Corp. (NASDAQ: EU) between March 28, 2024 and March 2, 2025, both dates inclusive (the “Class Period”), of the important May 13, 2025 lead plaintiff deadline. The lawsuit aims to recover damages for investors who have suffered losses due to alleged securities fraud by the Company.
Background
enCore Energy Corp. is a publicly-traded company that operates in the renewable energy sector. During the Class Period, the Company issued materially false and misleading statements regarding its business, financial condition, and prospects. As a result, the Company’s stock traded at artificially inflated prices.
Securities Class Action Lawsuit
The securities class action lawsuit alleges that defendants made false and/or misleading statements and/or failed to disclose that: (1) enCore’s reported financial results for the fourth quarter of 2024 and full year 2024 contained material errors; (2) the Company’s revenue growth was not sustainable; and (3) as a result, the Company’s public statements were materially false and misleading at all relevant times.
Impact on Individual Investors
If you purchased or otherwise acquired enCore securities during the Class Period, you may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement. The lead plaintiff will act on behalf of all other class members in directing the litigation and deciding major issues. If you wish to serve as lead plaintiff, you must move the Court no later than May 13, 2025. If you wish to join the litigation as a class member or to discuss your recovery options or potential eligibility, please contact Phillip Kim, Esquire, of Rosen Law Firm, toll-free at 866-767-3653, or via email at [email protected], or via the firm’s website, www.rosenlegal.com/cases-registered-1891.html for information on the class action.
Impact on the World
The securities fraud allegations against enCore Energy Corp. have significant implications for the renewable energy sector and the capital markets as a whole. The lawsuit raises concerns about the accuracy and reliability of financial reporting by publicly-traded companies in the sector, potentially undermining investor confidence and making it more difficult for companies to raise capital. Moreover, the lawsuit highlights the importance of effective regulatory oversight and enforcement in protecting investors from fraudulent activities.
Conclusion
If you purchased enCore Energy Corp. securities during the Class Period, you may be entitled to compensation. The May 13, 2025 lead plaintiff deadline is fast approaching, so it is important to act quickly if you wish to participate in the litigation. For more information, please contact Rosen Law Firm.
The securities fraud allegations against enCore Energy Corp. also underscore the importance of vigilance and transparency in the renewable energy sector and the capital markets. As investors, it is essential that we remain informed and demand accurate financial reporting from publicly-traded companies. Only through effective regulatory oversight and enforcement can we protect against fraudulent activities and maintain confidence in the markets.
- Rosen Law Firm reminds purchasers of enCore Energy Corp. securities during the Class Period of the May 13, 2025 lead plaintiff deadline.
- Individual investors may be entitled to compensation without payment of any out-of-pocket fees or costs.
- The lawsuit alleges material misstatements and omissions regarding enCore’s financial results and business prospects.
- The impact of the lawsuit extends beyond enCore to the renewable energy sector and the capital markets as a whole.
- Effective regulatory oversight and enforcement are crucial in protecting investors and maintaining confidence in the markets.
