ROSEN, LEADING INVESTOR RIGHTS COUNSEL, Encourages NuScale Power Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - SMR
NuScaleNuScale(US:SMR) TMX Newsfile·2026-03-25 22:05

Core 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 specializes in securities class actions and has a strong track record, 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 effectiveness 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 experience in nuclear power generation [5]. - It is claimed that NuScale's commercialization strategy was exposed to significant undisclosed risks due to the inexperience of its partners, leading to potential failures and delays [5]. - The lawsuit asserts that when the true details became known, investors suffered damages as a result of these misleading statements [5].

ROSEN, LEADING INVESTOR RIGHTS COUNSEL, Encourages NuScale Power Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - SMR - Reportify