#USA #New York #Securities Fraud #Rosen Law Firm #NuScale Power

NuScale Power Corporation Securities Fraud Class Action

Overview

In a significant legal development, the Rosen Law Firm, a reputable global law firm specializing in investor rights, has announced a class action lawsuit targeting NuScale Power Corporation. This lawsuit stems from alleged securities fraud concerning the company’s Class A common stock trading on the NYSE under the ticker SMR. The class period for the lawsuit runs from May 13, 2025, to November 6, 2025. Eligible investors who acquired shares during this timeframe are encouraged to consider their legal options.

Details of the Lawsuit

The class action lawsuit claims that NuScale Power Corporation and certain executives made several misleading statements regarding the company's operations and projects. Specifically, the suit asserts that NuScale falsely stated that its partner, ENTRA1 Energy LLC, had the necessary experience and capability to effectively manage nuclear power generation projects—a claim that allegedly lacks real foundation.

1. Misrepresentation of ENTRA1's Experience: The plaintiffs argue that ENTRA1 has never constructed or financed any substantial projects in the nuclear power sector, which raises questions about NuScale's credibility and operational strategy.

2. Lack of Substantial Background: The lawsuit highlights that NuScale entrusted significant responsibilities and finances to ENTRA1, an entity characterized by a complete absence of nuclear energy experience.

3. False Qualifications: The claims posited during the class period regarding the qualifications of ENTRA1's team were, according to the plaintiffs, inaccurately presented and referred indeed to a different entity, the Habboush Group, which similarly lacks expertise in nuclear energy.

These assertions contribute to the broader narrative that NuScale's strategy was vulnerable to undisclosed risks, which ultimately led to investor losses when the truth of the situation came to light.

How to Participate

Investors who purchased Class A common stock of NuScale Power Corporation during the specified class period can join the legal action without any upfront legal fees, as the Rosen Law Firm operates on a contingency fee basis. Interested investors should take additional steps to ensure their participation in the lawsuit, which can be done through the following avenues:

• - Visit the Rosen Law Firm’s dedicated webpage for this case here.
• - Call Phillip Kim, Esq. at 866-767-3653 for more details and guidance on your case.
• - Email [email protected] for inquiries regarding the lawsuit and your rights as an investor.

The deadline to file for lead plaintiff status is set for April 20, 2026. If appointed, the lead plaintiff will represent all members of the class throughout the litigation process.

Importance of Experienced Counsel

Choosing capable legal representation is vital in these proceedings. The Rosen Law Firm boasts a track record of successfully representing investors in similar securities litigation. The firm has been acknowledged for securing substantial settlements in class action lawsuits and emphasizes the importance of choosing a law firm with experience and recognition in securities law.

The firm notably achieved the largest securities class action settlement against a Chinese company and has consistently ranked high in settlements since 2013. In 2019 alone, they recovered over $438 million for their clients. Partner Laurence Rosen has also received accolades including being recognized by Law360 as a leading attorney in plaintiff litigation.

Conclusion

As the situation with NuScale Power progresses, affected investors should stay informed about their legal rights and the potential for recovering losses through this class action lawsuit. The Rosen Law Firm's established history in investor protection provides a promising avenue for those seeking to reclaim their investments.

Follow for Updates: Investors are encouraged to follow the Rosen Law Firm on LinkedIn, Twitter, and Facebook for updates and further information regarding this case.