NuScale Power Corporation Faces Securities Class Action: Important Deadline Approaches

Reminder for NuScale Shareholders

NuScale Power Corporation (NYSE: SMR) is currently under scrutiny as Faruqi & Faruqi, LLP, a prominent national securities law firm, investigates potential claims against the company. Investors who purchased or acquired securities in NuScale between May 13, 2025, and November 6, 2025, are urged to pay close attention to the details surrounding an impending federal securities class action lawsuit.

Faruqi & Faruqi emphasizes that the deadline to seek the role of lead plaintiff in this ongoing class action is set for April 20, 2026. This is a significant date for investors who may have suffered losses due to NuScale's alleged misconduct.

Overview of the Allegations

The complaint lodged against NuScale claims that the corporation and its executives made misleading statements that failed to disclose critical information about the company's operations and partnerships. Notably:

1. Lack of Relevant Experience: The company allegedly misrepresented the capabilities of its partner, ENTRA1, asserting that they had extensive experience in managing projects in the complex nuclear power sector. However, it appears ENTRA1 has never successfully built, financed, or operated any significant nuclear power generation projects.

2. Misleading Backgrounds: Claims about the qualifications of personnel linked to ENTRA1 were supposedly inflated, drawing on the credentials of individuals from the Habboush Group, another entity without substantial experience in nuclear energy.

3. Financial Discrepancies: A shocking report on November 6, 2025, disclosed that NuScale's administrative expenses surged over 3,000%, totaling $519 million for the quarter. This spike resulted primarily from a significant payment of $495 million related to an agreement with ENTRA1, leading to a severe decline in the corporation's financial stability.

As a result of this grim financial news, investors witnessed a staggering drop in the price of NuScale's Class A shares—plummeting from approximately $32 per share to nearly $17 within a span of weeks.

Next Steps for Affected Investors

Investors impacted by these developments should take proactive measures by contacting Faruqi & Faruqi. Partner Josh Wilson encourages shareholders to discuss their rights and options, ensuring they are well-informed ahead of the class action proceedings. For those interested, he can be reached directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

It is crucial to note that becoming involved in the class action process does not negate the investment recovery options available to shareholders, regardless of their decision to seek lead plaintiff status.

Conclusion

This class action presents a crucial opportunity for NuScale investors to potentially reclaim losses incurred due to alleged misrepresentations and financial instability at the company. Placing emphasis on the April 20, 2026 deadline, Faruqi & Faruqi remains committed to ensuring every impacted investor understands their rights and available avenues for recompense.