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Shareholder Alert: NuScale Power Corporation Lawsuit

On April 7, 2026, The Gross Law Firm alerted NuScale Power Corporation (NYSE: SMR) shareholders regarding important legal actions underway. Investors who acquired shares during the specified period are encouraged to assess their eligibility for joining the class action lawsuit, which could potentially provide a recovery for losses incurred.

Class Period Details

The relevant class period for this lawsuit spans from May 13, 2025, to November 6, 2025. Shareholders who purchased SMR within this timeframe are especially urged to be proactive about their rights and consider registering.

Allegations Against NuScale

The lawsuit raises serious allegations about NuScale Power Corporation's corporate practices. Specifically, it claims that during the class period, the company and its defendants issued statements that were materially false or misleading. The following points outline the key allegations:

• - Lack of Experience: It is alleged that ENTRA1 Energy LLC, a critical partner for NuScale, had no substantial history in building, financing, or operating significant projects, particularly in the intricate field of nuclear power generation.
• - Misleading Trust: The lawsuit also contends that NuScale entrusted its commercialization and deployment initiatives to ENTRA1, which allegedly lacked any significant experience in the nuclear energy sector. This lack of expertise poses a material risk to NuScale’s commercialization strategy.
• - Qualifications Misrepresented: Further, the complaint asserts that the qualifications attributed to ENTRA1 during the class period were inaccurately portrayed and actually corresponded to another entity, the Habboush Group, which similarly had no relevant experience in nuclear energy generation.
• - Risks Disclosed: As a result of these misleading statements and lack of transparency, the lawsuit suggests that NuScale's strategy was fraught with previously undisclosed risks, including potential delays and regulatory issues.

Important Deadlines

Shareholders are urged to act promptly, as the deadline for registering in this class action is April 20, 2026. Anyone interested in participating is encouraged to secure their spot as a lead plaintiff or simply enrol for monitoring purposes.

Next Steps for Shareholders

Once registration is completed, shareholders will be provided with portfolio monitoring software. This tool will update them on the case's progress and status throughout its duration. Importantly, there is no cost or obligation to join; contributors merely need to submit their information through designated channels.

Why Choose The Gross Law Firm?

The Gross Law Firm has established a notable reputation for class action lawsuits and represents the rights of investors who have experienced losses due to misleading corporate conduct. Their mission focuses on ensuring accountability in business practices while seeking justice for affected investors. By participating in this action, shareholders can take a decisive step toward potentially recovering their losses and holding corporations to ethical standards.

For further inquiries, interested parties may contact The Gross Law Firm at their office, located at 15 West 38th Street, 12th floor, New York, NY 10018, or via phone at (646) 453-8903.