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Energy Fuels investigated for securities fraud over undisclosed contract dispute in $1.9B acquisition deal

Market News
14 Oct 2026
GlobeNewsWire
View Source
Bearish
Energy Fuels investigated for securities fraud over undisclosed contract dispute in $1.9B acquisition deal

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 contract dispute and arbitration with a key customer, which was known during acquisition talks. This revelation caused Energy Fuels' shares to drop nearly 9% to a 52-week low. Investors who suffered losses may be eligible to recover funds through legal action by Block & Leviton.

Energy Fuels (UUUU) shares are currently priced at USD 8.35 on Pluang, showing a 9.92% decline as of Oct 14, 2026, 22:41 WIB. The company’s market capitalization stands at $2.45 billion, reflecting the impact of recent legal and operational challenges. Trading volume reached 7,967,898 shares, indicating active investor interest despite the drop.

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