INVESTOR ALERT: NuScale Power Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit filed by RGRD Law

Core Viewpoint - NuScale Power Corporation is facing a class action lawsuit due to alleged misleading statements regarding its commercialization partnership with ENTRA1 Energy LLC and significant financial losses reported in its recent fiscal quarter [1] Group 1: Class Action Lawsuit Details - The class action lawsuit is filed against NuScale and certain top executives, as well as Fluor Corporation, for violations of the Securities Exchange Act of 1934 [1] - Investors who purchased NuScale Class A common stock between May 13, 2025, and November 6, 2025, can seek appointment as lead plaintiff until April 20, 2026 [1] - The lawsuit alleges that NuScale made false statements about ENTRA1's capabilities, which lacked significant experience in nuclear power generation [1] Group 2: Financial Impact - NuScale's general and administrative expenses surged over 3,000% to $519 million in the third fiscal quarter, up from $17 million in the prior year [1] - The company's quarterly net loss increased to $532 million, compared to $46 million in the same period last year [1] - Following the financial disclosures, NuScale's Class A share price dropped more than 12% over a two-day trading period [1] Group 3: Partnership and Technology - NuScale's core technology, the NuScale Power Module (NPM), is designed for energy generation within a broader power plant [1] - The partnership with ENTRA1 was expected to advance NuScale's NPM technology from development to deployment, validated by an agreement with the Tennessee Valley Authority (TVA) for up to six gigawatts of nuclear power generation [1] - The lawsuit claims that NuScale's reliance on ENTRA1 exposed its commercialization strategy to undisclosed risks, including potential delays and regulatory challenges [1]