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enCore Energy Corp. Class Action: Levi & Korsinsky Reminds enCore Energy Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 13, 2025 - EU

1. A class action lawsuit has been filed against enCore Energy Corp. 2. Investors allege securities fraud affecting enCore's financial reporting. 3. The lawsuit claims enCore misled stakeholders about financial health. 4. Investors have until May 13, 2025, to join the lawsuit. 5. No costs for participating in the class action lawsuit are required.

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FAQ

Why Bearish?

The lawsuit's allegations could negatively influence investor confidence and stock price, as seen in similar past lawsuits. Historical examples include declines in stocks after legal actions were announced, such as Enron.

How important is it?

The lawsuit reflects serious allegations that may lead to substantial financial repercussions. Given the significance of legal factors in stock valuation, the potential impact on investor behavior is high.

Why Short Term?

Immediate market reactions are likely due to investor sentiments diminishing quickly. For instance, stock prices often react sharply to litigation news, particularly in the technology and energy sectors.

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NEW YORK, April 29, 2025

/PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in enCore Energy Corp. ("enCore Energy" or the "Company") (NASDAQ: EU) of a class action securities lawsuit.

CLASS DEFINITION:

The lawsuit seeks to recover losses on behalf of enCore Energy investors who were adversely affected by alleged securities fraud between March 28, 2024 and March 2, 2025. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/encore-energy-corp-lawsuit-submission-form?prid=145723&wire=4

EU investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.

CASE DETAILS:

The filed complaint alleges that defendants made false statements and/or concealed that: (1) enCore lacked effective internal controls over financial reporting; (2) enCore could not capitalize certain exploratory and development costs under GAAP; (3) as a result, its net losses had substantially increased; and (4) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

WHAT'S NEXT?

If you suffered a loss in enCore Energy during the relevant time frame, you have until May 13, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

NO COST TO YOU:

If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY:

Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE Levi & Korsinsky, LLP

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