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Class action filed against NuScale Power over overstated commercial prospects and stock drop.

Market News
13 Nov 2026, 04:18 WIB
PRNewsWire
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Bearish
Class action filed against NuScale Power over overstated commercial prospects and stock drop.

A class action lawsuit has been filed against NuScale Power Corporation for allegedly overstating its commercial prospects and competitive advantages between February and September 2026. The complaint claims NuScale misled investors about its first-mover advantage, revenue potential, and cash runway, leading to a significant stock price drop after UBS downgraded the stock and highlighted risks including a lengthy project timeline and lack of firm customer commitments. Investors who bought NuScale securities during this period may be eligible to join the lawsuit or serve as lead plaintiff. Robbins LLP is representing affected investors on a contingency fee basis with no upfront costs.

NuScale Power Corporation's stock is currently trading at USD 4.90 on Pluang, showing a 6.31% decline in the last day. The stock has a market cap of $2.15 billion and a high buy interest with 93% of orders on Pluang being buys as of Nov 13, 2026 09:21 WIB.

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