NuScale Power Securities Class Action
Analysis based on 13 articles · First reported Feb 19, 2026 · Last updated Mar 13, 2026
The market is negatively impacted by the news of a securities class action against NuScale Power, leading to a significant drop in NuScale Power's stock price. This event highlights the risks associated with partnerships and due diligence in the nuclear power industry.
NuScale Power Corporation is facing a federal securities class action lawsuit filed by Kirby McInerney LLP on behalf of investors who purchased securities between May 13, 2025, and November 6, 2025. The lawsuit alleges that NuScale Power made material misrepresentations regarding its global commercialization partnership with ENTRA1 Energy LLC. Specifically, it claims that ENTRA1 Energy LLC lacked significant prior experience in nuclear power generation, and that the experience attributed to ENTRA1 Energy LLC actually belonged to the principals of the Habboush Group, a distinct entity. On November 6, 2025, NuScale Power disclosed a dramatic increase in general and administrative expenses, largely due to a $495 million payment to ENTRA1 Energy LLC, resulting in a substantial net loss. This news led to a significant decline in NuScale Power's stock price, falling over 14% on the day of the announcement and continuing to drop by more than 70% from its class period high.
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