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Notice to Pension Funds, Asset Managers, and Fiduciaries
NEW YORK, April 16, 2026 /PRNewswire/ -- Institutional investors holding positions in NuScale Power Corporation (NYSE: SMR) during the period May 13, 2025 through November 6, 2025 may wish to evaluate lead plaintiff opportunities in a pending securities class action. Request an institutional investor loss assessment. You may also contact Joseph E. Levi, Esq. at jlevi@SueWallSt.com or (888) SueWallSt.
NuScale shares fell from a Class Period high above $57 to $17 per share, a decline exceeding 70%, after revelations that the Company's exclusive commercialization partner lacked the operational history and qualifications attributed to it by management. The window to apply for lead plaintiff closes on April 20, 2026.
Notice to Institutional Holders
Pension funds, mutual funds, endowments, and other fiduciaries that held SMR shares during the Class Period should assess whether their portfolios sustained losses traceable to allegedly misleading statements about NuScale's partnership with ENTRA1 Energy LLC. The lawsuit contends that NuScale portrayed ENTRA1 as a seasoned energy infrastructure platform while ENTRA1 had never built, financed, or operated a significant project in the nuclear power sector. NuScale committed hundreds of millions of dollars to this entity, including a $495 million payment tied to a single agreement.
Fiduciary Obligations and Recovery Options
Institutional holders evaluating this action should consider the following:
Contact us for institutional recovery options or call (888) SueWallSt.
ERISA and Fiduciary Considerations
For ERISA-governed plans that held SMR shares, plan fiduciaries should evaluate whether continued inaction regarding available claims is consistent with their duty of prudence. The allegations in this case center on management's repeated public endorsements of ENTRA1's capabilities, which the complaint charges were materially misleading given ENTRA1's actual operating history.
"Institutional investors play a critical role in securities class actions. Their participation ensures vigorous representation for the entire class and brings meaningful oversight to case strategy and settlement evaluation." -- Joseph E. Levi, Esq.
INSTITUTIONAL INVESTOR REPRESENTATION -- Levi & Korsinsky, LLP provides sophisticated counsel to institutional investors evaluating lead plaintiff opportunities. The firm has recovered hundreds of millions of dollars. Ranked among ISS Top 50 for seven consecutive years.
CONTACT:
SueWallSt
Joseph E. Levi, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
Tel: (888) SueWallSt
Fax: (212) 363-7171
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SOURCE SueWallSt.com
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