Core Viewpoint - NuScale Power Corporation is facing a class action lawsuit due to allegations of misleading statements regarding its commercialization partnership with ENTRA1 Energy LLC and significant financial losses during the Class Period from May 13, 2025, to November 6, 2025 [1][4]. Company Overview - NuScale Power Corporation specializes in small modular nuclear reactors, specifically the NuScale Power Module (NPM), aimed at generating energy within larger power plants [3]. - The company entered a global commercialization partnership with ENTRA1 Energy LLC, which was expected to advance NuScale's NPM technology from development to deployment [3]. Allegations and Financial Impact - The class action lawsuit claims that NuScale made false statements about ENTRA1's capabilities, asserting that ENTRA1 had no significant experience in building or operating nuclear power projects [4]. - NuScale's general and administrative expenses surged over 3,000% to $519 million in the third fiscal quarter, primarily due to a $495 million payment to ENTRA1 related to the TVA agreement [5]. - The company's net loss for the quarter increased to $532 million, compared to $46 million in the same period the previous year [5]. - Following the revelation of these financial issues, NuScale's Class A share price dropped by more than 12% over two days [5].

Core Viewpoint - NuScale Power Corporation's share price experienced an 8.80% decline from February 11 to February 18, 2026, marking it as one of the energy stocks that lost the most during that week [1]. Company Overview - NuScale Power Corporation specializes in small modular reactor technology solutions, with its flagship product being the NuScale Power Module, a 12-module plant capable of generating up to 924 MWe of carbon-free energy [2]. Recent Developments - On February 11, 2026, TD Cowen analyst Marc Bianchi downgraded NuScale's stock from 'Buy' to 'Hold' due to concerns regarding potential delays in the company's first small modular reactor project in Romania, which may now be postponed to 2034 [3]. - On February 13, 2026, Romanian nuclear operator Nuclearelectrica approved the Final Investment Decision (FID) for the small modular reactor project in collaboration with NuScale. However, commercial operations are not expected to commence until July 2033, with plant completion projected for December 2034. This project has been in planning since 2021 and was initially aimed for a 2030 start. TD Cowen highlighted concerns over the extended timelines and noted that new agreement conditions have shifted some project risks to NuScale [4].

SHAREHOLDER ACTION NOTICE: Faruqi & Faruqi, LLP Reminds NuScale (SMR) Investors of Securities Class Action Deadline on April 20, 2026 [Accessibility Statement] Skip NavigationFaruqi & Faruqi, LLP Securities Litigation Partner [James (Josh) Wilson] Encourages Investors Who Suffered Losses In NuScale To Contact Him Directly To Discuss Their OptionsIf you purchased or acquired securities in [NuScale] between May 13, 2025 and November 6, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi par ...

Core Viewpoint - NuScale Power Corporation is facing a class action lawsuit due to alleged misleading statements regarding its commercialization partnership with ENTRA1 Energy LLC and significant financial losses reported in its recent fiscal quarter [1] Group 1: Class Action Lawsuit Details - Investors who purchased NuScale Class A common stock between May 13, 2025, and November 6, 2025, can seek to be lead plaintiffs in the class action lawsuit by April 20, 2026 [1] - The lawsuit alleges violations of the Securities Exchange Act of 1934 by NuScale, its executives, and Fluor Corporation [1] - The lawsuit claims that NuScale made false statements about ENTRA1's capabilities, which lacked experience in nuclear power generation [1] Group 2: Financial Impact - NuScale's general and administrative expenses surged over 3,000% to $519 million in the third fiscal quarter, up from $17 million in the previous year [1] - The company's quarterly net loss increased to $532 million, compared to $46 million in the prior year [1] - Analysts questioned NuScale's CEO about ENTRA1's qualifications during a conference call, revealing potential milestone payments exceeding $3 billion [1] Group 3: Partnership and Technology - NuScale's core technology, the NuScale Power Module (NPM), is designed for energy generation within a broader power plant [1] - The partnership with ENTRA1 was expected to advance NuScale's technology from development to deployment, validated by a joint agreement with the Tennessee Valley Authority (TVA) for up to six gigawatts of nuclear power [1]

Core Viewpoint - A class action lawsuit has been filed against NuScale Power Corporation for allegedly making false and misleading statements regarding its business operations and partnerships, particularly concerning ENTRA1 Energy LLC's lack of experience in nuclear power generation [2][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of all individuals and entities who purchased NuScale Class A common stock between May 13, 2025, and November 6, 2025, with a deadline of April 20, 2026, for investors to apply as lead plaintiffs [2]. - Allegations include that NuScale misrepresented ENTRA1's capabilities, claiming it had never built or operated significant projects in nuclear power, which exposed NuScale's commercialization strategy to undisclosed risks [3]. Group 2: Next Steps for Investors - Investors who suffered losses and wish to learn more about their rights or the lawsuit can contact the law firm Bragar Eagel & Squire, P.C. for further information [4]. Group 3: About the Law Firm - Bragar Eagel & Squire, P.C. is a nationally recognized law firm that represents individual and institutional investors in various types of litigation, including securities and commercial cases [5].

Core Viewpoint - A class action lawsuit has been filed against NuScale Power Corporation on behalf of investors who acquired its securities during the specified class period from May 13, 2025, to November 6, 2025 [1] Summary by Relevant Sections - **Company Information** - NuScale Power Corporation is identified as a publicly traded company on the NYSE under the ticker symbol SMR [1] - **Legal Action Details** - The lawsuit is aimed at investors who suffered losses on their NuScale investments during the class period [1] - Investors have until April 20, 2026, to request lead plaintiff appointment [1]

"Company†) (NASDAQ: QURE) and reminds investors of the April 13, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has re...[Back to Newsroom]## Wish your news had this kind of reach?[Sign Up][Learn About Business Wire] SMR DEADLINE ALERT: Faruqi & Faruqi, LLP Reminds NuScale (SMR) Investors of Securi ...

Core Viewpoint - A class action lawsuit has been initiated against NuScale Power Corporation for alleged securities fraud, with the Rosen Law Firm representing investors who purchased Class A common stock between May 13, 2025, and November 6, 2025 [1] Company Overview - NuScale Power Corporation is facing legal challenges due to claims that it made false or misleading statements regarding its partnerships and operational capabilities in the nuclear power sector [1] - The lawsuit alleges that NuScale entrusted its commercialization and deployment of its NuScale Power Module to ENTRA1 Energy LLC, which lacked significant experience in nuclear energy generation [1] Legal Details - The lawsuit claims that during the class period, NuScale failed to disclose critical information about ENTRA1's lack of experience in building or operating significant projects in the nuclear power field [1] - It is asserted that the qualifications attributed to ENTRA1 were misleading and actually referred to another entity, the Habboush Group, which also lacked relevant experience [1] - The lawsuit indicates that these undisclosed risks could lead to failures, delays, and regulatory challenges for NuScale's commercialization strategy [1]

Core Viewpoint - A shareholder has filed a securities class action lawsuit against NuScale Power Corporation on behalf of investors who purchased its common stock between May 13, 2025, and November 6, 2025, alleging misrepresentations regarding a partnership with ENTRA1 Energy LLC [1][4]. Group 1: Lawsuit Details - The lawsuit claims that the defendants made misrepresentations concerning the potential synergies from the Company's global commercialization partnership with ENTRA1 Energy LLC [4]. - Investors who wish to serve as lead plaintiff must file papers by April 20, 2026, and participation as a lead plaintiff is not required to share in any recovery [3]. Group 2: Law Firm Background - Bernstein Liebhard LLP has recovered over $3.5 billion for its clients since 1993 and has represented both individual investors and large public and private pension funds [5]. - The firm has been recognized for its success in litigating class actions, being named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for sixteen consecutive years [5].

Core Viewpoint - A class action lawsuit has been announced against NuScale Power Corporation, focusing on the purchase of Class A common stock between May 13, 2025, and November 6, 2025, indicating potential legal challenges for the company [1] Group 1: Company Overview - NuScale Power Corporation is identified as a developer of nuclear power technology, highlighting its role in the energy sector [1] Group 2: Legal Proceedings - The Rosen Law Firm is investigating allegations related to NuScale Power, suggesting that there may be significant concerns regarding the company's operations or disclosures during the specified period [1]