{"id":950088,"date":"2026-04-09T06:08:06","date_gmt":"2026-04-09T10:08:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-nuscale-power-corporation-smr-investors-with-substantial-losses-have-opportunity-to-lead-class-action-rgrd-law\/"},"modified":"2026-04-09T06:08:06","modified_gmt":"2026-04-09T10:08:06","slug":"investor-alert-nuscale-power-corporation-smr-investors-with-substantial-losses-have-opportunity-to-lead-class-action-rgrd-law","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-nuscale-power-corporation-smr-investors-with-substantial-losses-have-opportunity-to-lead-class-action-rgrd-law\/","title":{"rendered":"INVESTOR ALERT: NuScale Power Corporation (SMR) Investors with Substantial Losses Have Opportunity to Lead Class Action &#8211; RGRD Law"},"content":{"rendered":"<div class=\"mw_release\">\n<p>SAN DIEGO, April  09, 2026  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=_Fqy0_lLicFlKKwP8IKpDEQ9Oj6abZiZHrmvV-4ZMtts_nO6zl-5uIOAk2HpSZR2RneAHaA-g5dUrIgDtvZK_D4Zd8qfYFzB3F3jiiz-o53eKOmkTWp3TwjZXluXdBFsDckCrAlvJehjD-rchV-8G-DB015eSKY5xac_XsGu-BCOy8PSz4rAhkHYcAYiUXal\" rel=\"nofollow\" target=\"_blank\"><strong>Robbins Geller Rudman &amp; Dowd LLP<\/strong><\/a> announces that purchasers of NuScale Power Corporation (NYSE: SMR) Class A common stock between May 13, 2025 and November 6, 2025, inclusive (the \u201cClass Period\u201d), have until Monday, April 20, 2026 to seek appointment as lead plaintiff of the <em>NuScale <\/em>class action lawsuit. Captioned <em>Truedson v. NuScale Power Corporation<\/em>, No. 26-cv-00328 (D. Or.), the <em>NuScale <\/em>class action lawsuit charges NuScale, certain NuScale top executive officers, as well as Fluor Corporation with violations of the Securities Exchange Act of 1934.<\/p>\n<p>\n        <strong>If you suffered substantial losses and wish to serve as lead plaintiff of the <\/strong><br \/>\n        <strong><br \/>\n          <em>NuScale <\/em><br \/>\n        <\/strong><br \/>\n        <strong>class action lawsuit, please provide your information here:<\/strong>\n      <\/p>\n<p>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=nmSX0WOzED-_L_uzkob2ZcD64z6T9NimPAtzNAHBWG-BvtIvdpYe5HE4Mmi4GZlQP8bc9HfI5hd65-kfcAFSpVAivA7U3UuaDUlv9r0ySOhs_-oDDoWH3zJelJks7ABBR14GxCJf75TifLustdmpZFRYhTCcOQfHN9Ys6D0pQCh6e1m_0yDq-ivtmi55b-TG8u0nD5CNOvH1eKwmh6uvzRst9s5_2_zXNR36y2L0VL4=\" rel=\"nofollow\" target=\"_blank\"><br \/>\n          <strong>https:\/\/www.rgrdlaw.com\/cases-nuscale-power-class-action-lawsuit-smr.html<\/strong><br \/>\n        <\/a>\n      <\/p>\n<p>\n        <strong>You can also contact attorneys <\/strong><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Pt-Oo2uRn1wQzjtDm8I_b6XGrsoen6DTG5RPIT_DwS8dSiAK0mMF1XzL8ECnWFR_rprtyUCIN_AmCin0RLlVLcoJGO_lPTo74MMrCsgvdCLa_zPKeDnCCefpqcnp0Up085TUty7Qj209CR4Oc4UZWg==\" rel=\"nofollow\" target=\"_blank\"><br \/>\n          <strong>Ken Dolitsky<\/strong><br \/>\n        <\/a><br \/>\n        <strong> or <\/strong><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=jVucShdJKJEWS2FeDBDQeCt85Fb1FP1vPjGlD2_PRkXRioTisZsNv18iUUzrAJwTCJzqD0I_LPjRjaOBJtwDdLl-0X0R2LBrsqiJfqT1ANQOF_-j9bVvpJvhtRXyXNN74w9vDqp2E7s_ct1pQVQEJVIoggIxk9Xw1sVuFPeZfBk=\" rel=\"nofollow\" target=\"_blank\"><br \/>\n          <strong>Michael Albert<\/strong><br \/>\n        <\/a><br \/>\n        <strong>of Robbins Geller by calling 800\/449-4900 or via e-mail at <\/strong><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=QbvDTcAk6Pi8-4DccMxRrNsrqYSmcKXU4opCozMuj6Ft62DsXezFZbyCn4tqGrb4vDLUaxSgr54fPHEcFH38X-Zxb07CLhlvzdfZ3qEGE18=\" rel=\"nofollow\" target=\"_blank\"><br \/>\n          <strong>info@rgrdlaw.com<\/strong><br \/>\n        <\/a><br \/>\n        <strong>.<\/strong>\n      <\/p>\n<p>\n        <strong>CASE ALLEGATIONS<\/strong>: NuScale\u2019s core technology, the NuScale Power Module (\u201cNPM\u201d), is a small modular nuclear reactor designed to generate energy within a broader power plant. Prior to the start of the Class Period, NuScale entered into a global commercialization partnership with ENTRA1 Energy LLC and NuScale and its executives claimed that this critical partnership would allow NuScale to take its NPM technology from the development stage to deployment. NuScale\u2019s reliance on ENTRA1 as an exclusive commercialization partner appeared to be validated when, on September 2, 2025, ENTRA1 and the Tennessee Valley Authority (\u201cTVA\u201d) jointly announced an agreement to develop power plants to provide the TVA with up to six gigawatts of new nuclear power generation.<\/p>\n<p>However, the <em>NuScale <\/em>class action lawsuit alleges that defendants throughout the Class Period made false and\/or misleading statements and\/or failed to disclose that: (i) ENTRA1 had never built, financed, or operated any significant projects \u2013 let alone projects in the highly technical and complicated field of nuclear power generation \u2013 during its entire operating history; (ii) NuScale had entrusted its commercialization, distribution, and deployment of its NPMs and hundreds of millions of dollars of NuScale capital to an entity that lacked any significant prior experience owning, financing, or operating nuclear energy generation facilities; (iii) the purported experience and qualifications attributed to ENTRA1 by defendants during the Class Period in fact referred to the purported experience and qualifications of the principals of the Habboush Group, a distinct entity without significant experience in the field of nuclear power generation; and (iv) as a result, NuScale\u2019s commercialization strategy was exposed to material, undisclosed risks of failure, delays, regulatory challenges, or other negative setbacks.<\/p>\n<p>The <em>NuScale<\/em> investor class action further alleges that on November 6, 2025 NuScale revealed that NuScale\u2019s general and administrative expenses had ballooned more than 3,000% to $519 million during its third fiscal quarter, up from $17 million in the prior year period, due largely to NuScale\u2019s payment of $495 million to ENTRA1 for its TVA agreement. As a result, NuScale\u2019s quarterly net loss skyrocketed to $532 million, up from $46 million in the prior year period. During the corresponding conference call, analysts pressed NuScale management regarding whether ENTRA1 was sufficiently experienced to own and operate the energy generation facilities contemplated by the TVA agreement. NuScale\u2019s CEO, defendant John L. Hopkins, further revealed during the call that the agreement between ENTRA1 and TVA contemplated as many as 72 NPMs, meaning NuScale\u2019s milestone payments to ENTRA1 could potentially exceed more than $3 billion. On this news, the price of NuScale Class A shares declined more than 12% over a two-day trading period.<\/p>\n<p>The plaintiff is represented by Robbins Geller, which has <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=5vti5dNE4P7fsABAtHPnmx_cAhw1Xo45YUGzcPPXbGfxpn9TwrTfD6AvL47utuNVcMtUZ7dJ7vW6_muY10htfhIcvVr0NDb8D5d_HD_nWwF-Xi_CU6ep5dDHHD_2OoS-LDU_huOFychxdIo58Xq-ZQ==\" rel=\"nofollow\" target=\"_blank\"><strong>extensive experience<\/strong><\/a> in prosecuting investor class actions including actions involving financial fraud. You can view a copy of the complaint <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=pETxG3cJJrKwVyL_q7XyNllllobEp7p6KUfvo2_ipWTzVs3ENulicrUXyA6zQUYYFC90alV7AikQQ3RwvRV5MmpEn6aP8KP6TIFl-rQ8N0u2rgG40zrndpDJ7Y9dmem7HEvMC7dv5NbVDxRqWsgmHA==\" rel=\"nofollow\" target=\"_blank\"><strong>by clicking here<\/strong><\/a>.<\/p>\n<p>\n        <strong>THE LEAD PLAINTIFF PROCESS<\/strong>: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased NuScale Class A common stock during the Class Period to seek appointment as lead plaintiff in the <em>NuScale <\/em>class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the<em> NuScale <\/em>class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the <em>NuScale <\/em>class action lawsuit. An investor\u2019s ability to share in any potential future recovery of the <em>NuScale <\/em>class action lawsuit is not dependent upon serving as lead plaintiff.<\/p>\n<p>\n        <strong>ABOUT ROBBINS GELLER: <\/strong>Robbins Geller Rudman &amp; Dowd LLP is one of the world\u2019s leading law firms representing investors in securities fraud and shareholder rights litigation. Our Firm ranked #1 on the most recent ISS Securities Class Action Services Top 50 Report, recovering more than $916 million for investors in 2025. This marks our fourth #1 ranking in the past five years. And in those five years alone, Robbins Geller recovered $8.4 billion for investors \u2013 $3.4 billion more than any other law firm. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs\u2019 firms in the world, and the Firm\u2019s attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever \u2013 $7.2 billion \u2013 in <em>In re Enron Corp. Sec. Litig.<\/em> Please visit the following page for more information:<\/p>\n<p>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=nmSX0WOzED-_L_uzkob2ZcD64z6T9NimPAtzNAHBWG_4VpZbjgdTfC3u2eP6wwJxLTnIFH2zJUzD067lZoJ7_BbfDcSX-tyxcrZllrev19GVDM6j1akVicDaQVHLkdkSyZe3HRQyOdjOtdL3dYwfvW9VUgR52BaBtnJn1chaSb2lw570tCnHLvZmNAAXcVoPKSsDlSk9DMPNQn1qTsauMw==\" rel=\"nofollow\" target=\"_blank\"><br \/>\n          <strong>https:\/\/www.rgrdlaw.com\/services-litigation-securities-fraud.html<\/strong><br \/>\n        <\/a>\n      <\/p>\n<p>Past results do not guarantee future outcomes. <\/p>\n<p>Services may be performed by attorneys in any of our offices.\u00a0<\/p>\n<p>Contact:<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Robbins Geller Rudman &amp; Dowd LLP <br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Ken Dolitsky<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Michael Albert<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0655 W. Broadway, Suite 1900, San Diego, CA 92101 <br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0800-449-4900 <br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=QbvDTcAk6Pi8-4DccMxRrNPTGHjZb4sZIXdeDL0M-IuXuJNc8h8CJpGSNUbfxZvXbfKgpgIql10DlXz9KhLdHDKP9yVd1gPT8JJKUxHUGho=\" rel=\"nofollow\" target=\"_blank\"><strong>info@rgrdlaw.com<\/strong><\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTY4NTgwNSM3NTI0MjM5IzIxMzY1Nzk=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/OWRlOTQ0NWQtNjI3Mi00OWIwLWEyZWMtM2QwZGNjZGQyNDUzLTExNDgxNTAtMjAyNi0wNC0wOS1lbg==\/tiny\/Robbins-Geller-Rudman-Dowd-LLP.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SAN DIEGO, April 09, 2026 (GLOBE NEWSWIRE) &#8212; Robbins Geller Rudman &amp; Dowd LLP announces that purchasers of NuScale Power Corporation (NYSE: SMR) Class A common stock between May 13, 2025 and November 6, 2025, inclusive (the \u201cClass Period\u201d), have until Monday, April 20, 2026 to seek appointment as lead plaintiff of the NuScale class action lawsuit. Captioned Truedson v. NuScale Power Corporation, No. 26-cv-00328 (D. Or.), the NuScale class action lawsuit charges NuScale, certain NuScale top executive officers, as well as Fluor Corporation with violations of the Securities Exchange Act of 1934. If you suffered substantial losses and wish to serve as lead plaintiff of the NuScale class action lawsuit, please provide your information here: https:\/\/www.rgrdlaw.com\/cases-nuscale-power-class-action-lawsuit-smr.html You can also &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-nuscale-power-corporation-smr-investors-with-substantial-losses-have-opportunity-to-lead-class-action-rgrd-law\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;INVESTOR ALERT: NuScale Power Corporation (SMR) Investors with Substantial Losses Have Opportunity to Lead Class Action &#8211; RGRD Law&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-950088","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>INVESTOR ALERT: NuScale Power Corporation (SMR) Investors with Substantial Losses Have Opportunity to Lead Class Action - RGRD Law - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-nuscale-power-corporation-smr-investors-with-substantial-losses-have-opportunity-to-lead-class-action-rgrd-law\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"INVESTOR ALERT: NuScale Power Corporation (SMR) Investors with Substantial Losses Have Opportunity to Lead Class Action - RGRD Law - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SAN DIEGO, April 09, 2026 (GLOBE NEWSWIRE) &#8212; Robbins Geller Rudman &amp; Dowd LLP announces that purchasers of NuScale Power Corporation (NYSE: SMR) Class A common stock between May 13, 2025 and November 6, 2025, inclusive (the \u201cClass Period\u201d), have until Monday, April 20, 2026 to seek appointment as lead plaintiff of the NuScale class action lawsuit. Captioned Truedson v. NuScale Power Corporation, No. 26-cv-00328 (D. Or.), the NuScale class action lawsuit charges NuScale, certain NuScale top executive officers, as well as Fluor Corporation with violations of the Securities Exchange Act of 1934. If you suffered substantial losses and wish to serve as lead plaintiff of the NuScale class action lawsuit, please provide your information here: https:\/\/www.rgrdlaw.com\/cases-nuscale-power-class-action-lawsuit-smr.html You can also &hellip; Continue reading &quot;INVESTOR ALERT: NuScale Power Corporation (SMR) Investors with Substantial Losses Have Opportunity to Lead Class Action &#8211; RGRD Law&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-nuscale-power-corporation-smr-investors-with-substantial-losses-have-opportunity-to-lead-class-action-rgrd-law\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-09T10:08:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTY4NTgwNSM3NTI0MjM5IzIxMzY1Nzk=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-nuscale-power-corporation-smr-investors-with-substantial-losses-have-opportunity-to-lead-class-action-rgrd-law\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-nuscale-power-corporation-smr-investors-with-substantial-losses-have-opportunity-to-lead-class-action-rgrd-law\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"INVESTOR ALERT: NuScale Power Corporation (SMR) Investors with Substantial Losses Have Opportunity to Lead Class Action &#8211; 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Robbins Geller Rudman &amp; Dowd LLP announces that purchasers of NuScale Power Corporation (NYSE: SMR) Class A common stock between May 13, 2025 and November 6, 2025, inclusive (the \u201cClass Period\u201d), have until Monday, April 20, 2026 to seek appointment as lead plaintiff of the NuScale class action lawsuit. Captioned Truedson v. NuScale Power Corporation, No. 26-cv-00328 (D. Or.), the NuScale class action lawsuit charges NuScale, certain NuScale top executive officers, as well as Fluor Corporation with violations of the Securities Exchange Act of 1934. If you suffered substantial losses and wish to serve as lead plaintiff of the NuScale class action lawsuit, please provide your information here: https:\/\/www.rgrdlaw.com\/cases-nuscale-power-class-action-lawsuit-smr.html You can also &hellip; Continue reading \"INVESTOR ALERT: NuScale Power Corporation (SMR) Investors with Substantial Losses Have Opportunity to Lead Class Action &#8211; RGRD Law\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-nuscale-power-corporation-smr-investors-with-substantial-losses-have-opportunity-to-lead-class-action-rgrd-law\/","og_site_name":"Market Newsdesk","article_published_time":"2026-04-09T10:08:06+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTY4NTgwNSM3NTI0MjM5IzIxMzY1Nzk=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-nuscale-power-corporation-smr-investors-with-substantial-losses-have-opportunity-to-lead-class-action-rgrd-law\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-nuscale-power-corporation-smr-investors-with-substantial-losses-have-opportunity-to-lead-class-action-rgrd-law\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"INVESTOR ALERT: NuScale Power Corporation (SMR) Investors with Substantial Losses Have Opportunity to Lead Class Action &#8211; 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