REMINDER: NuScale Power Corporation Investors With Significant Losses Must Act By April 20, 2026
NuScaleNuScale(US:SMR) Businesswire·2026-03-13 22:02

Core Viewpoint - NuScale Power Corporation is facing a federal securities class action lawsuit due to significant losses incurred by investors during a specific class period, with a deadline for lead plaintiff applications set for April 20, 2026 [1] Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased NuScale securities between May 13, 2025, and November 6, 2025 [1] - Allegations include that ENTRA1 Energy LLC, a partner in NuScale's commercialization strategy, lacked experience in building or operating nuclear power projects, which posed undisclosed risks to NuScale's business model [1] - The lawsuit claims that 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, leading to a net loss of $532 million [1] Group 2: Stock Performance - Following the announcement of increased expenses, NuScale's stock price dropped by $5.45, or approximately 14.4%, from $37.91 on November 5, 2025, to $32.46 on November 6, 2025 [1] - The stock continued to decline, reaching a low of $17 per share by November 21, 2025, representing a decrease of over 70% from its class period high of more than $57 per share [1]

REMINDER: NuScale Power Corporation Investors With Significant Losses Must Act By April 20, 2026 - Reportify