NuScale(US:SMR) TMX Newsfile·2026-02-21 01:27Core Viewpoint - A class action lawsuit has been announced by Rosen Law Firm on behalf of purchasers of Class A common stock of NuScale Power Corporation, covering the period from May 13, 2025, to November 6, 2025, due to alleged misleading statements and undisclosed risks related to the company's commercialization strategy [1][5]. Group 1: Lawsuit Details - The lawsuit claims that NuScale Power Corporation made false statements regarding ENTRA1 Energy LLC's experience in nuclear power generation, which allegedly misled investors about the risks associated with NuScale's commercialization strategy [5]. - It is stated that ENTRA1 had no significant experience in building or operating nuclear power projects, which was not disclosed to investors, leading to potential material risks for NuScale [5]. - The lawsuit indicates that when the true details about ENTRA1's qualifications were revealed, investors suffered damages [5]. Group 2: Participation Information - Investors who purchased NuScale Class A common stock during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, interested parties can visit the provided link or contact the law firm directly for more information [3][6]. - A lead plaintiff must be appointed by April 20, 2026, to represent the interests of the class members in the litigation [1][3]. Group 3: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company [4]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in handling such cases [4].