WHAT IS HAPPENING? Grabar Law Office is investigating claims on behalf of shareholders of NuScale Power Corporation (NYSE: SMR). The investigation concerns whether certain officers and directors breached the fiduciary duties they owed to the company.

NuScale Power Corporation is a nuclear technology company focused on scalable, modular reactors. NuScale’s core technology, the NuScale Power Module (“NPM”), is a small modular nuclear reactor (“SMR”) designed to generate energy within a broader power plant. The Company claims the NPM has several advantages over traditional large-scale nuclear facilities, including enhanced economics, scalability over time, a simplified design, and a smaller footprint. According to NuScale, the NPM occupies a footprint of approximately 76 feet in height by 15 feet in diameter and is capable of generating 77 megawatt electrical (“MWe”).

 WHY? A recently filed federal securities fraud class action complaint alleges that NuScale Power Corporation (NYSE: SMR), through certain of its executives, violated federal securities laws by making false and/or misleading statements and/or failing to disclose that although NuScale entered into a global commercialization partnership with ENTRA1 Energy LLC  and claimed that this critical partnership would allow the Company to take its NPM technology from the development stage to deployment, enabling NuScale’s core technology (NuScale Power Module of NPMs) to serve as meaningful, revenue-generating components in power plants, (1) ENTRA1 had never built, financed, or operated any significant projects– let alone projects in the highly technical and complicated field of nuclear power generation during its entire operating history; (2) NuScale had entrusted its commercialization, distribution, and deployment of its NPMs and hundreds of millions of dollars of NuScale capital to an entity that lacked any significant prior experience owning, financing, or operating nuclear energy generation facilities; (3) the purported experience and qualifications attributed to ENTRA1 by Defendants during the Class Period in fact referred to the purported experience and qualifications of the principals of the Habboush Group, a distinct entity without significant experience in the field of nuclear power generation; and (4) as a result, NuScale’s commercialization strategy was exposed to material, undisclosed risks of failure, delays, regulatory challenges, or other negative setbacks.

WHAT YOU CAN DO NOW: If you have held NuScale Power Corporation (NYSE: SMR) shares since prior to May 13, 2025, and still hold shares today, you are encouraged to contact Joshua Grabar at jgrabar@grabarlaw.com, or call 267-507-6085.  You can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to you whatsoever.