INVESTOR ALERT: NuScale Power Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit – RGRD Law
NuScaleNuScale(US:SMR) Globenewswire·2026-02-19 13:20

Core Viewpoint - The article discusses a class action lawsuit against NuScale Power Corporation, alleging violations of the Securities Exchange Act of 1934 due to misleading statements regarding its commercialization partnership with ENTRA1 Energy LLC and the financial implications of its operations [1][3]. Company Overview - NuScale Power Corporation is involved in the development of small modular nuclear reactors, specifically the NuScale Power Module (NPM), aimed at generating energy within larger power plants [2]. - The company entered a global commercialization partnership with ENTRA1 Energy LLC, which was expected to facilitate the deployment of its NPM technology [2]. Allegations of the Lawsuit - The lawsuit claims that NuScale and its executives made false statements about ENTRA1's capabilities, failing to disclose that ENTRA1 had no significant experience in building or operating nuclear power projects [3]. - It is alleged that NuScale's reliance on ENTRA1 exposed the company to undisclosed risks related to commercialization and regulatory challenges [3]. Financial Impact - On November 6, 2025, NuScale reported a dramatic increase in general and administrative expenses, which rose over 3,000% to $519 million from $17 million year-over-year, primarily due to a $495 million payment to ENTRA1 [4]. - The company's quarterly net loss surged to $532 million, up from $46 million in the previous year, following the announcement of these expenses [4]. - Following the revelation of these financial issues, NuScale's Class A shares dropped more than 12% over a two-day trading period [4]. Legal Process - Investors who purchased NuScale Class A common stock during the specified class period can seek appointment as lead plaintiff in the class action lawsuit [6]. - The lead plaintiff will represent the interests of all class members and can select a law firm to litigate the case [6]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a prominent law firm specializing in securities fraud and shareholder rights litigation, having recovered over $916 million for investors in 2025 alone [7]. - The firm has a strong track record, recovering a total of $8.4 billion for investors over the past five years [7].