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$SMR Lawsuit: BFA Law Urges NuScale Power Corporation Investors to Act in Securities Class Action Following 12% Stock Plunge and ENTRA1 Issues
TMX Newsfile· 2026-02-24 11:36
Core Viewpoint - A class action lawsuit has been filed against NuScale Power Corporation and certain senior executives for securities fraud following a significant drop in stock price due to alleged violations of federal securities laws [1][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the District of Oregon, captioned Truedson v. NuScale Power Corporation, et al., No. 3:26-cv-00328 [3]. - Investors have until April 20, 2026, to request to be appointed to lead the case [3]. Group 2: Company Background - NuScale Power Corporation specializes in nuclear technology, particularly the NuScale Power Module (NPM), a small modular nuclear reactor designed for energy generation [4]. - The company had established a partnership with ENTRA1 Energy LLC, which was responsible for constructing power generation facilities using NuScale's NPMs [4]. Group 3: Allegations Against ENTRA1 - NuScale allegedly misrepresented ENTRA1's capabilities, claiming it had extensive experience in developing power plants, while in reality, ENTRA1 had never completed any significant projects in nuclear power generation [5][6]. - ENTRA1 was primarily organized to support its principal, Wadie Habboush, rather than to undertake substantial projects [6]. Group 4: Stock Price Impact - On November 6, 2025, NuScale reported a dramatic increase in general and administrative expenses from $17 million in the previous year to $519 million in Q3 2025, largely due to a $495 million payment to ENTRA1 [7]. - Following the disclosure of ENTRA1's lack of experience, NuScale's stock price fell by $4.03 per share, a decline of over 12.4%, from $32.46 on November 6, 2025, to $28.43 on November 10, 2025 [7].
ROSEN, NATIONALLY RANKED INVESTOR COUNSEL, Encourages NuScale Power Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - SMR
TMX Newsfile· 2026-02-24 00:44
Core Viewpoint - A class action lawsuit has been filed against NuScale Power Corporation on behalf of purchasers of its Class A common stock between May 13, 2025, and November 6, 2025, due to alleged misleading statements and undisclosed risks related to its commercialization strategy [1][5]. Group 1: Lawsuit Details - The lawsuit claims that NuScale's partner, ENTRA1 Energy LLC, had no significant experience in building or operating nuclear power projects, which was not disclosed to investors [5]. - It is alleged that NuScale misrepresented the qualifications of ENTRA1, attributing experience to the Habboush Group, which also lacked relevant expertise in nuclear power generation [5]. - The lawsuit asserts that these misrepresentations exposed NuScale's commercialization strategy to undisclosed risks, leading to investor damages when the truth was revealed [5]. Group 2: Participation Information - Investors who purchased NuScale Class A common stock during the specified period may be eligible for compensation without any out-of-pocket costs through a contingency fee arrangement [2]. - Interested parties can join the class action by visiting the provided link or contacting the law firm directly for more information [3][6]. - A lead plaintiff must be appointed by April 20, 2026, to represent the interests of the class members in the litigation [1][3]. Group 3: Law Firm Credentials - The Rosen Law Firm, which is leading the class action, has a strong track record in securities class actions, having achieved significant settlements for investors, including over $438 million in 2019 [4]. - The firm has been recognized for its success in securities class action settlements and has consistently ranked among the top firms in this area since 2013 [4].
BWX Technologies(BWXT) - 2025 Q4 - Earnings Call Transcript
2026-02-23 23:00
BWX Technologies (NYSE:BWXT) Q4 2025 Earnings call February 23, 2026 05:00 PM ET Speaker7Ladies and gentlemen, welcome to BWX Technologies' fourth quarter and full year 2025 earnings conference call. At this time, all participants are in a listen-only mode. Following the company's prepared remarks, we will conduct a question-and-answer session. Instructions will be given at that time. I would now like to turn the call over to our host, Chase Jacobson, BWXT's Vice President of Investor Relations. Please go a ...
Cameco (NYSE:CCJ) Conference Transcript
2026-02-23 21:02
Cameco (NYSE:CCJ) Conference February 23, 2026 03:00 PM ET Company ParticipantsGrant Isaac - President and COOConference Call ParticipantsAlex Pearce - Equity Research Analyst of Metals and MiningGrant IsaacBe here. I thought I would open with a few comments. The reason I'm gonna do this is something funny happened in our Q4 quarterly call. For the first time in 16 years, nobody asked about the spot market or the term market of uranium. Didn't happen. You didn't ask, nobody asked. I don't wanna lose the opp ...
Nuclear Stocks: Cameco Shares Jump 5% & Constellation Energy Reports Tomorrow Morning
247Wallst· 2026-02-23 19:54
7,740,013-$13.5411.70%$102.13[CrowdStrike][CRWD]• Vol: 11,752,403-$44.2111.38%$344.39[IBM] [IBM]• Vol: 9,776,304-$26.2210.19%$230.95[KKR][KKR]• Vol: 11,043,404-$8.758.65%$92.43[American Express][AXP]• Vol: 4,805,463-$27.487.94%$318.70 Nuclear Stocks: Cameco Shares Jump 5% & Constellation Energy Reports Tomorrow Morning - 24/7 Wall St. [S&P 5006,833.10 -1.17%][Dow Jones48,829.20 -1.62%][Nasdaq 10024,659.20 -1.47%][Russell 20002,615.95 -1.86%][FTSE 10010,682.40 -0.49%][Nikkei 22556,770.50 -0.61%][Stock Market ...
Law Offices of Howard G. Smith Encourages NuScale Power Corporation (SMR) Shareholders to Inquire About Securities Fraud Class Action
Businesswire· 2026-02-23 19:36
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased NuScale Power Corporation ("NuScale†or the "Company†) (NYSE: SMR) common stock between May 13, 2025 and November 6, 2025, inclusive (the "Class Period†). NuScale investors have until April 20, 2026 to file a lead plaintiff motion. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN NUSCALE POWER CORPORATION (SMR), CONTACT THE LAW OFFICES OF HOWARD G. SMITH TO ...
Fluor Dumps 71 Million SMR Shares for $1.35 Billion
Yahoo Finance· 2026-02-23 18:48
NuScale Power Corporation is a leading developer of modular nuclear reactor technology, enabling flexible and scalable deployment of clean energy solutions. The company's strategy centers on providing advanced, small-scale reactors that address the growing demand for reliable, low-carbon power generation. NuScale's competitive edge lies in its proprietary reactor designs and the ability to tailor energy solutions for a diverse set of global customers.The company generates revenue by selling advanced nuclear ...
NuScale Power Corporation (NYSE: SMR) Securities Fraud Class Action Lawsuit Filed; April 20, 2026, Lead Plaintiff Deadline, Contact Kessler Topaz Meltzer & Check, LLP
Businesswire· 2026-02-23 18:20
RADNOR, Pa.--(BUSINESS WIRE)--Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, informs investors that a securities fraud class action lawsuit has been filed against NuScale Power Corporation (NuScale) (NYSE: SMR) on behalf of those who purchased or acquired NuScale Class A common stock between May 13, 2025, and November 6, 2025, inclusive. The lawsuit is filed in the United States District Court for the District of Oregon and is captioned Truedson v. ...
Law Offices of Frank R. Cruz Encourages NuScale Power Corporation (SMR) Shareholders To Inquire About Securities Fraud Class Action
Businesswire· 2026-02-23 17:06
What Is The Lawsuit About? Law Offices of Frank R. Cruz Encourages NuScale Power Corporation (SMR) Shareholders To Inquire About Securities Fraud Class Action Share IF YOU SUFFERED A LOSS ON YOUR NUSCALE POWER CORPORATION (SMR) INVESTMENTS, CLICK HERE TO SUBMIT A CLAIM TO POTENTIALLY RECOVER YOUR LOSSES IN THE ONGOING SECURITIES FRAUD LAWSUIT. You can also contact the Law Offices of Frank R. Cruz to discuss your legal rights by email at info@frankcruzlaw.com, by telephone at (310) 914-5007, or visit our web ...
INVESTOR NOTICE: NuScale Power Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit filed by RGRD Law
Globenewswire· 2026-02-23 13:50
SAN DIEGO, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers of NuScale Power Corporation (NYSE: SMR) Class A common stock between May 13, 2025 and November 6, 2025, both dates inclusive (the “Class Period”), have until April 20, 2026 to seek appointment as lead plaintiff of the NuScale class action lawsuit. Captioned Truedson v. NuScale Power Corporation, No. 26-cv-00328 (D. Or.), the NuScale class action lawsuit charges NuScale, certain NuScale top executive offi ...