Rosen Law Firm has initiated a securities class action lawsuit against NuScale Power Corporation, alleging the small modular reactor developer made materially false and misleading statements regarding its partnership with ENTRA1 Energy LLC. The complaint targets investors who purchased Class A common stock during the period spanning May 13, 2025 through November 6, 2025.
At the center of the litigation are claims that NuScale misrepresented ENTRA1's qualifications and experience in nuclear power generation. According to the lawsuit, the company failed to adequately disclose that ENTRA1 lacked significant experience in the sector despite being designated to manage hundreds of millions of dollars earmarked for commercialization and deployment of NuScale's Power Modules technology.
Investors who purchased shares during the specified period have until April 20, 2026 to file applications for lead plaintiff status in the case. Legal counsel specializing in securities litigation advises affected shareholders to act promptly to preserve their rights in the proceeding.