NuScale(US:SMR) Globenewswire·2026-03-19 22:04Core Viewpoint - Rosen Law Firm is reminding purchasers of NuScale Power Corporation's Class A common stock about the upcoming lead plaintiff deadline for a class action lawsuit related to misleading statements made by the company during a specified period [1][5]. Group 1: Class Action Details - Investors who purchased NuScale Class A common stock between May 13, 2025, and November 6, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by April 20, 2026 [3]. - Investors can join the class action by visiting the provided link or contacting the law firm directly for more information [6]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company [4]. - The firm has been ranked No. 1 for securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions of dollars for investors [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in handling such cases [4]. Group 3: Case Allegations - The lawsuit alleges that NuScale made false and misleading statements regarding its partnership with ENTRA1 Energy LLC, which lacked significant experience in nuclear power generation [5]. - It is claimed that NuScale's commercialization strategy was exposed to undisclosed risks, including potential failures and regulatory challenges, due to the inexperience of its partners [5]. - The lawsuit asserts that when the true details became known, investors suffered damages as a result of these misleading statements [5].