NuScale faces class action over alleged ENTRA1 partnership misstatements

Reuters

3 hours ago

NuScale faces class action over alleged ENTRA1 partnership misstatements

A class action lawsuit was filed on behalf of investors who purchased NuScale Class A shares between May 13, 2025 and November 6, 2025. The complaint alleges NuScale misled investors about the capabilities and experience of its commercialization partner ENTRA1. It also alleges the company did not disclose risks tied to relying on ENTRA1 for commercialization, distribution, and deployment of its reactor modules. NuScale reported general and administrative expenses of USD 519 million for its third fiscal quarter, including a USD 495 million payment to ENTRA1 related to its TVA agreement. After the disclosure, NuScale shares fell more than 12% over two trading days, and later dropped to a low of USD 17 per share by November 21, 2025.

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 PR Newswire (Ref. ID: 202603181723PR_NEWS_USPR_____LA13753) on March 18, 2026, and is solely responsible for the information contained therein.

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The complaint alleges NuScale misled investors about the capabilities and experience of its commercialization partner ENTRA1. It also alleges the company did not disclose risks tied to relying on ENTRA1 for commercialization, distribution, and deployment of its reactor modules. NuScale reported general and administrative expenses of USD 519 million for its third fiscal quarter, including a USD 495 million payment to ENTRA1 related to its TVA agreement. 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