enCore Energy Corp. (EU) Securities Class Action: The case, formally known as Zhongjian v. enCore Energy Corp. (No. 25-cv-01234, S.D. Tex.), was brought on behalf of shareholders who acquired enCore securities between March 28, 2024, and March 2, 2025. The complaint centers on allegations that enCore and several of its executives violated the Securities Exchange Act of 1934 by making false or incomplete statements about the company's financial health. According to the complaint, enCore is accused of lacking robust internal controls over its financial reporting. The lawsuit further contends that the company was unable to capitalize certain exploration and development expenses under U.S. Generally Accepted Accounting Principles (GAAP), a move that would have been permitted under International Financial Reporting Standards (IFRS). These accounting issues, the complaint asserts, contributed to a dramatic escalation in net losses.