NuScale Power Corporation ($SMR) Investors Notified to Contact BFA Law About the Pending Securities Fraud Class Action Lawsuit Prior to the April 20 Legal Deadline

Core Viewpoint - A class action lawsuit has been filed against NuScale Power Corporation and certain senior executives for securities fraud following a significant stock drop due to potential violations of federal securities laws [1][3]. Company Overview - NuScale Power Corporation is a nuclear technology company known for its NuScale Power Module (NPM), a small modular nuclear reactor designed for energy generation within larger power plants [4]. Allegations and Background - The lawsuit claims that NuScale misrepresented its partnership with ENTRA1 Energy LLC, asserting that ENTRA1 had extensive capabilities and experience in developing power plants, which was allegedly false [5][6]. - ENTRA1 is described as having no significant experience in building nuclear power projects and primarily supporting the activities of its principal, Wadie Habboush [6]. Financial Impact - On November 6, 2025, NuScale reported a dramatic increase in general and administrative expenses from $17 million in the previous year to $519 million in Q3 2025, largely due to a $495 million payment to ENTRA1 [7]. - Following the disclosure of ENTRA1's lack of experience, NuScale's stock price fell by $4.03 per share, a decline of over 12.4%, from $32.46 to $28.43 between November 6 and November 10, 2025 [7].