INVESTOR ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of enCore
Provided By GlobeNewswire
Last update: Mar 9, 2025
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Significant Losses In enCore To Contact Him Directly To Discuss Their Options
If you suffered significant losses in enCore stock or options and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
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NEW YORK, March 09, 2025 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against enCore Energy Corp. (“enCore” or the “Company”) (NASDAQ: EU).
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
On March 3, 2025, enCore announced its fiscal 2024 financial results in a press release, reporting a net loss of $61.3 million compared to a $25.6 million net loss for fiscal 2023. The Company revealed that its Chief Executive Officer is “no longer serving” in the role “or as a member of the Board.” Additionally, the Company revealed that it had identified material weaknesses in its internal controls over financial reporting.
On this news, enCore’s stock price fell $1.17, or 46.4%, to close at $1.35 per share on March 3, 2025, thereby injuring investors.
To learn more about the enCore Energy Corp. investigation, go to www.faruqilaw.com/EU or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
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