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“EU Investors Can Step Forward in enCore Energy Corp. Securities Fraud Case with Schall Law Firm”

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Class Action Lawsuit Filed Against enCore Energy Corp for Investor Losses

LOS ANGELES, March 26, 2025 /PRNewswire/ — The Schall Law Firm, a national leader in shareholder rights litigation, has issued a reminder to investors regarding a class action lawsuit against enCore Energy Corp. (“enCore” or “the Company”) EU. The lawsuit alleges violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 as enforced by the U.S. Securities and Exchange Commission.

(PRNewsfoto/The Schall Law Firm)

Investors who purchased enCore’s securities between March 28, 2024 and March 2, 2025 (the “Class Period”) should contact the firm before May 13, 2025.

Shareholders who believe they have incurred losses are encouraged to participate in the case.

To discuss your rights at no charge, contact Brian Schall at the Schall Law Firm, located at 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, by calling 310-301-3335. Alternatively, reach out via the firm’s website at www.schallfirm.com or by email at [email protected].

Please note that the class has not yet been certified. Until certification, individuals are not represented by an attorney. If no action is taken, you will remain an absent class member.

The Complaint asserts that enCore made deceptive statements to the market. Notably, the Company attributed its disappointing performance in fiscal year 2024 to a significant weakness in its internal financial reporting controls. They claimed that the ineffectiveness stemmed from an inadequate control environment, resulting in poor risk assessment and oversight. This revelation suggests that public statements made during the Class Period were misleading, leading to investor losses once the truth became known.

Potential claimants are invited to engage with this lawsuit to recover their financial losses.

The Schall Law Firm serves investors worldwide, specializing in securities class action lawsuits and protecting shareholder rights.

This press release may qualify as Attorney Advertising in certain jurisdictions according to applicable laws and ethical guidelines.

CONTACT:

The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/eu-investors-have-opportunity-to-lead-encore-energy-corp-securities-fraud-lawsuit-with-the-schall-law-firm-302411668.html

SOURCE The Schall Law Firm

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