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 Q3 2025 [1] Company Overview - NuScale Power Corporation specializes in small modular nuclear reactors, specifically the NuScale Power Module (NPM) designed for energy generation [1] - The company entered a global commercialization partnership with ENTRA1 Energy LLC prior to the class action period, which was expected to advance its NPM technology from development to deployment [1] Allegations and Financial Impact - 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 [1] - NuScale's general and administrative expenses surged over 3,000% to $519 million in Q3 2025, primarily due to a $495 million payment to ENTRA1 for the TVA agreement, leading to a net loss of $532 million, up from $46 million in the previous year [1] - Following the financial disclosures, NuScale's Class A shares dropped more than 12% over two days [1] Class Action Details - Investors who purchased NuScale Class A common stock between May 13, 2025, and November 6, 2025, can seek to be appointed as lead plaintiff in the class action lawsuit [1] - The lawsuit is titled Truedson v. NuScale Power Corporation, No. 26-cv-00328 (D. Or.) [1] Legal Representation - The law firm Robbins Geller Rudman & Dowd LLP is representing the plaintiffs and has a strong track record in prosecuting investor class actions, having recovered over $916 million for investors in 2025 alone [1]
INVESTOR ALERT: NuScale Power Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit