Berger Montague Files Class Action Lawsuit Against NuScale Power Corp

Reuters

Feb 24

Berger Montague Files Class Action Lawsuit Against <a href="https://laohu8.com/S/SMR">NuScale Power</a> Corp

A class action lawsuit has been filed against NuScale Power Corp. on behalf of investors who bought or acquired its securities between May 13, 2025 and Nov. 6, 2025. The complaint alleges the company misled investors about its commercialization and deployment strategy for its NuScale Power Module technology, including claims about its partnership with ENTRA1 Energy. The suit points to a Nov. 6, 2025 disclosure of sharply higher expenses tied largely to a $495 million milestone payment and a wider net loss, after which NuScale shares fell more than 12% over two trading sessions. Investors have until April 20, 2026 to seek appointment as lead plaintiff.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NuScale Power Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202602241011NEWSFILECNPR____20260224_284815_1) on February 24, 2026, and is solely responsible for the information contained therein.

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