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Kirby McInerney LLP Announces Investigation Against enCore Energy Corp. (EU) on Behalf of Investors

1. Kirby McInerney investigates claims against enCore Energy Corp. (NASDAQ:EU). 2. enCore's CEO Paul Goranson is no longer with the company. 3. The company reported material weaknesses in financial reporting controls. 4. enCore shares plummeted 46% following the announcement. 5. Investigation may impact shareholder recovery in securities litigation.

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FAQ

Why Very Bearish?

The abrupt CEO departure and material weaknesses drastically affected investor confidence and share price.

How important is it?

The legal investigation and significant share price drop directly impact enCore and signal broader market vulnerabilities.

Why Short Term?

Immediate repercussions from the investigation could lead to further declines before stabilization.

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NEW YORK, March 05, 2025 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP is investigating potential claims against enCore Energy Corp. (“enCore” or the “Company”) (NASDAQ:EU). The investigation concerns whether enCore and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices. [LEARN MORE ABOUT THE INVESTIGATION] On March 3, 2025, enCore reported financial results for the quarter ended December 31, 2024, announcing that Paul Goranson would no longer be serving as CEO or as a member of the Board. The Company further revealed that, “our management identified material weaknesses in our internal control over financial reporting as of December 31, 2024.” On this news, the price of enCore shares declined by $1.17 per share, or approximately 46%, from $2.52 per share on February 28, 2025, to close at $1.35 on March 3, 2025. If you purchased or otherwise acquired enCore securities, have information, or would like to learn more about this investigation, contact Thomas W. Elrod of Kirby McInerney LLP by email at investigations@kmllp.com, or by filling out the form below to discuss your rights or interests with respect to these matters without any cost to you. [CONTACT US] Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. ContactsKirby McInerney LLPThomas W. Elrod, Esq.212-699-1180https://www.kmllp.cominvestigations@kmllp.com

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