NuScale Power faces securities fraud suit over undisclosed ENTRA1 deal risks

GlobeNewswire Inc.GlobeNewswire Inc.
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Key Takeaway

NuScale Power faces securities fraud lawsuit over failing to disclose risks associated with a $495 million ENTRA1 deal. Stock fell 12.4% after November disclosure.

NuScale Power faces securities fraud suit over undisclosed ENTRA1 deal risks

NuScale Power Corporation is the subject of a class action securities lawsuit following the company's November 6, 2025 disclosure of a $495 million payment to ENTRA1 Energy LLC. The lawsuit contends that NuScale and related defendants failed to adequately disclose material information regarding ENTRA1's limited operational history and lack of prior nuclear power generation experience, potentially exposing the company's commercialization strategy to significant undisclosed risks.

The equity market responded swiftly to the disclosure, with NuScale's stock declining 12.4% in the trading period following the announcement. The litigation targets investors who purchased shares during the class period spanning May 13, 2025 through November 6, 2025, the date of the ENTRA1 payment disclosure.

Investors seeking to participate in the action or serve as lead plaintiff in the case must submit motions by April 20, 2026. The law firm Glancy Prongay Wolke & Rotter LLP is representing shareholders in the matter and has indicated that investors who sustained losses may contact the firm to discuss their legal options.

Source: GlobeNewswire Inc.

Back to newsPublished Feb 27

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