Core Viewpoint - Class actions have been initiated for stockholders of Ostin Technology Group Co., Ltd. and NuScale Power Corporation, with deadlines for lead plaintiff petitions approaching [1] Ostin Technology Group Co., Ltd. (NASDAQ:OST) - The class period for Ostin is from May 11, 2025, to June 26, 2025, with a lead plaintiff deadline of April 17, 2026 [4] - A criminal indictment was unsealed on September 12, 2025, charging co-CEO Lai Kui Sen and financial advisor Yan Zhao with conspiracy to commit securities fraud, wire fraud, and securities fraud, alleging over $110 million in illicit proceeds [4] - The indictment claims that from April 2025, a fraudulent scheme was orchestrated to inflate Ostin's stock price, resulting in a market capitalization increase from approximately $22 million to over $1 billion [4] - On June 26, 2025, Ostin's stock price collapsed, leading to a loss of over $950 million, representing more than 94% of its market capitalization in a single day [4] NuScale Power Corporation (NYSE:SMR) - The class period for NuScale is from May 13, 2025, to November 6, 2025, with a lead plaintiff deadline of April 20, 2026 [4] - The lawsuit alleges that NuScale made false statements regarding ENTRA1 Energy LLC's capabilities, claiming it had never built or operated significant projects in nuclear power generation [4] - It is claimed that NuScale's commercialization strategy was exposed to undisclosed risks due to reliance on ENTRA1, which lacked significant experience in the nuclear energy sector [4]
Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Ostin and NuScale and Encourages Investors to Contact the Firm