Frank R. Cruz Law Offices Investigate enCore Energy for Possible Violations
The Law Offices of Frank R. Cruz has initiated an investigation into enCore Energy Corp. (“enCore” or the “Company”) EU. This investigation concerns potential violations of federal securities laws that could affect investors’ interests.
IF YOU ARE AN INVESTOR WHO LOST MONEY ON ENCORE ENERGY CORP. (EU), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.
Details of the Investigation
On March 3, 2025, enCore released its fiscal 2024 financial results, revealing a significant net loss of $61.3 million. This marked an increase from the previous year’s net loss of $25.6 million. In this announcement, the Company also disclosed that its Chief Executive Officer was “no longer serving” in this capacity and that there were identified material weaknesses in financial reporting controls.
Following the news, enCore’s stock price dropped sharply by $1.17, or 46.4%, closing at $1.35 per share on the same day, leading to substantial losses for investors.
How to Get Involved
If you acquired enCore securities or have information pertaining to this investigation, the Law Offices of Frank R. Cruz invites you to reach out. Your inquiries about claims, questions regarding these developments, or concerns about your rights are encouraged.
Contact information is as follows:
The Law Offices of Frank R. Cruz,
2121 Avenue of the Stars, Suite 800,
Century City, California 90067
Call: 310-914-5007
Email: info@frankcruzlaw.com
Visit: www.frankcruzlaw.com
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View source version on businesswire.com: https://www.businesswire.com/news/home/20250303281827/en/
The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz
310-914-5007
fcruz@frankcruzlaw.com
www.frankcruzlaw.com
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