Deadline for Securities Fraud Lawsuit against NuScale Power Corporation (SMR) Investors Set for April 20, 2026

NuScale Power Corporation is facing a securities fraud class action lawsuit filed by investors who purchased or acquired NuScale Class A common stock between May 13, 2025, and November 6, 2025. The lawsuit alleges that the company made material misstatements and omissions regarding its commercialization strategy for nuclear power generation projects and development.

The lawsuit, filed in the United States District Court for the District of Oregon, claims that NuScale entrusted the commercialization, distribution, and deployment of its NuScale Power Module and hundreds of millions of dollars to ENTRA1 Energy LLC, a company with no significant experience in the field of nuclear power generation. The lawsuit alleges that NuScale’s commercialization strategy was exposed to material, undisclosed risks of failure, delays, regulatory challenges, or other negative setbacks.

On November 6, 2025, NuScale disclosed that its general and administrative expenses had drastically increased by more than 3,000% to $519 million during the third fiscal quarter, primarily due to a payment of $495 million to ENTRA1 for its TVA agreement. This news led to a significant decline in the price of NuScale Class A common stock, dropping by $5.45 per share, or approximately 14.4%.

Investors who purchased NuScale Class A common stock between May 13, 2025, and November 6, 2025, have until April 20, 2026, to file for lead plaintiff status in the class action lawsuit. Investors who have incurred losses are urged to contact Kessler Topaz Meltzer & Check, LLP for recovery options at no cost. Investors can seek to be appointed as a lead plaintiff representative of the class through legal representation or choose to do nothing and remain an absent class member.

Kessler Topaz Meltzer & Check, LLP is a law firm focused on securities litigation and encourages NuScale investors to contact the firm for more information. Investors are advised to take prompt action if they believe they have suffered financial losses as a result of investing in NuScale Class A common stock during the specified class period.