NuScale(US:SMR) TMX Newsfile·2026-03-05 14:11Group 1 - A class action lawsuit has been filed against NuScale Power Corporation on behalf of investors who acquired NuScale securities between May 13, 2025, and November 6, 2025 [1][2] - The lawsuit alleges that NuScale made misleading statements regarding its commercialization partner, ENTRA1 Energy LLC, claiming it lacked meaningful experience in nuclear power projects [3] - The lawsuit also claims that NuScale's commercialization strategy was exposed to undisclosed risks, including potential failures and regulatory challenges [3] Group 2 - On November 6, 2025, NuScale disclosed a significant increase in general and administrative expenses, which surged over 3,000% to $519 million for the third fiscal quarter, primarily due to a $495 million payment to ENTRA1 [4] - Following this disclosure, NuScale's net loss for the quarter was reported at $532 million [4] - The announcement led to a decline in NuScale Class A shares by more than 12%, dropping from $32.46 to $28.43 over a two-day trading period [5]