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NuScale sued for securities fraud after 12.4% stock drop over misrepresented ENTRA1 role.

Market News
24 Mar 2026
PRNewsWire
View Source
Bearish
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NuScale Power Corporation faces a securities fraud class action alleging it misrepresented the experience and role of ENTRA1 Energy LLC in developing its nuclear power modules. The lawsuit follows a 12.4% stock drop in November 2025 after NuScale disclosed a $495 million payment to ENTRA1 and admitted ENTRA1 lacked significant nuclear project experience. Investors claim NuScale overstated ENTRA1's capabilities, which misled shareholders about the company's prospects. The case is pending in U.S. District Court, with a lead plaintiff deadline of April 20, 2026.

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