NuScale(US:SMR) TMX Newsfile·2026-03-07 16:32Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against NuScale Power Corporation due to allegations of securities law violations, particularly concerning misleading statements and undisclosed risks related to the company's operations and financial performance [2][4]. Financial Performance - NuScale reported a significant increase in general and administrative expenses, which surged over 3,000% to $519 million in the third fiscal quarter of 2025, compared to $17 million in the same period the previous year. This spike was primarily attributed to a $495 million payment to ENTRA1 for a TVA agreement [5]. - The company's quarterly net loss escalated to $532 million, up from $46 million in the prior year period [5]. Stock Performance - Following the financial disclosures on November 6, 2025, NuScale's Class A shares dropped more than 12% over two days, from approximately $32 per share to about $28 per share. The stock continued to decline, reaching a low of $17 per share by November 21, 2025, representing a decrease of over 70% from the class period high of more than $57 per share [6]. Legal Proceedings - A federal securities class action has been filed against NuScale, with an April 20, 2026 deadline for investors to seek the role of lead plaintiff [2][7]. - The lead plaintiff is defined as the investor with the largest financial interest in the relief sought, who will direct and oversee the litigation on behalf of the class [7].