Block & Leviton is investigating Energy Fuels for potentially misleading investors about a $1.9 billion acquisition of magnet maker VAC. Energy Fuels initially highlighted VAC's assets and customer relationships but later disclosed a contract dispute with a key customer that had been ongoing since April 2026, which was not revealed during acquisition talks. This revelation caused Energy Fuels' shares to fall nearly 9% to a 52-week low. The investigation may lead to legal action to recover losses for investors who bought Energy Fuels stock.
As of Oct 15, 2026 19:42 WIB, Energy Fuels (UUUU) trades at USD 8.19 on Pluang, down 1.80% for the day with a market cap of $2.21 billion. Despite recent negative news, the stock sees more buying interest with 69% of order activity on Pluang being buys. The enterprise value stands at $1.95 billion, highlighting the company's significant size in the energy sector.
Nuclear energy stocks, including NuScale Power, Energy Fuels, and Oklo, have dropped significantly due to rising long-term Treasury yields, which reached 5.26%. This increase raises borrowing costs and lowers the present value of future earnings, hit...
Block & Leviton LLP is investigating Energy Fuels for potentially misleading investors about a $1.9 billion acquisition of magnet maker VAC. Energy Fuels initially highlighted VAC's Sumter plant and customer relationships but later disclosed a contra...
