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

1. Class action lawsuit filed against enCore Energy for alleged securities fraud. 2. Investors can recover losses from March 2024 to March 2025. 3. Lawsuit claims enCore misrepresented financial controls and reporting. 4. Potential liability may impact investor confidence in enCore Energy. 5. Levi & Korsinsky represents aggrieved shareholders at no upfront cost.

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FAQ

Why Bearish?

The lawsuit may negatively affect investor sentiment, leading to stock price decline. A similar past case saw stocks fall 15% post-lawsuit announcement.

How important is it?

The lawsuit highlights significant governance issues that can reduce market confidence. Any implications on financial stability are especially concerning for EU investors.

Why Short Term?

The immediate impact due to legal uncertainty often affects stock prices quickly. Previous lawsuits typically lead to swift market reactions.

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NEW YORK, April 8, 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:

enCore Energy Lawsuit Submission Form

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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