NuScale(US:SMR) Prnewswire·2026-02-27 14:22Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against NuScale Power Corporation due to alleged violations of federal securities laws, with a deadline for investors to seek lead plaintiff status by April 20, 2026 [1] Company Overview - NuScale Power Corporation (NYSE: SMR) is facing a federal securities class action for allegedly making false or misleading statements regarding its operations and partnerships [1] - The complaint highlights that NuScale's partner, ENTRA1, had no significant experience in nuclear power generation, which raises concerns about the company's commercialization strategy [1] Financial Performance - In the third fiscal quarter of 2025, NuScale reported a dramatic increase in general and administrative expenses, which surged over 3,000% to $519 million from $17 million in the same period the previous year [1] - The company's net loss for the quarter escalated to $532 million, compared to a loss of $46 million in the prior year [1] Stock Performance - Following the financial disclosures on November 6, 2025, NuScale's Class A shares dropped over 12% within two days, from approximately $32 to about $28 [1] - The stock continued to decline, reaching a low of $17 per share by November 21, 2025, representing a decrease of more than 70% from its class period high of over $57 [1]