LOS ANGELES, April 3, 2025 /PRNewswire/ — The Schall Law Firm, a national shareholder rights litigation firm, has announced a class action lawsuit against enCore Energy Corp. (“enCore” or “the Company”) EU under §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 issued by the U.S. Securities and Exchange Commission.

Investors who acquired the Company’s securities between March 28, 2024 and March 2, 2025 (the “Class Period”) are urged to reach out to the firm prior to May 13, 2025.

If you are a shareholder who has experienced losses, click here to participate.

Shareholders can also contact Brian Schall at the Schall Law Firm, located at 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, for free, confidential discussions regarding their rights. Additional contact methods include visiting the firm’s website at www.schallfirm.com or emailing [email protected].

The class in this lawsuit has not yet received certification, and until such certification happens, attorneys do not represent the participants. For those choosing not to take action, they will remain absent class members.

The Complaint asserts that the Company misled the market with false statements. They attributed their poor performance in fiscal year 2024 to a significant weakness in its internal financial controls. Specifically, enCore cited an ineffective control environment that impacted risk assessment and monitoring activities. Consequently, the Company’s public statements during this period were deemed false and materially misleading. Investors faced significant losses once the market became aware of these realities.

Join the efforts to recover your losses.

The Schall Law Firm represents investors globally, focusing on securities class action lawsuits and shareholder rights litigation.

This press release may be regarded as Attorney Advertising in certain jurisdictions under relevant laws and ethical rules.

CONTACT:

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

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SOURCE: The Schall Law Firm