EU investors are urged to join the class action lawsuit against enCore Energy Corp. for securities fraud, as the Schall Law Firm leads the case.
 |
| The Schall Law Firm invites EU investors to take action against enCore Energy Corp. for securities fraud, claiming the company misled the market about its financial reporting. Image: enCore Energy |
LOS ANGELES — March 17, 2025
The Schall Law Firm is calling on European Union investors to participate in a class action lawsuit against enCore Energy Corp., alleging securities fraud related to false and misleading statements about the company’s financial performance. Investors who purchased enCore securities between March 28, 2024, and March 2, 2025, are urged to join the legal action before the deadline of May 13, 2025.
The lawsuit, which targets violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, stems from enCore’s public admissions of a material weakness in its internal financial reporting controls. The company attributed this weakness to an ineffective control environment, which it claimed led to poor risk assessment, communication, and monitoring. These disclosures, however, came after misleading statements had been made throughout the class period, causing investors to suffer financial losses when the truth emerged.
The Schall Law Firm specializes in securities class actions and shareholder rights litigation, representing investors across the globe. Affected investors are invited to contact Brian Schall at the firm’s Los Angeles office for a free consultation to explore their legal options. Taking action in this case provides an opportunity to seek damages from enCore Energy for the alleged misconduct.
Investors who choose not to participate in the lawsuit will remain absent from the class action but can still benefit from the case's resolution.