NuScale faces securities class action over USD 495 million ENTRA1 payment

Reuters03-14 00:58

NuScale faces securities class action over USD 495 million ENTRA1 payment

A securities class action, Truedson v. NuScale Power, No. 26-cv-00328 (D. Or.), was filed against NuScale, certain executives, and Fluor, alleging violations of the Securities Exchange Act of 1934. The suit concerns purchases of NuScale Class A common stock between May 13, 2025 and November 6, 2025, with a deadline of April 20, 2026 to seek lead plaintiff status. Plaintiffs allege NuScale misled investors about commercialization partner ENTRA1’s experience and about risks tied to the TVA-related deployment plan. NuScale reported third-quarter general and administrative expenses of USD 519 million, including a USD 495 million payment to ENTRA1 linked to the TVA agreement. After related disclosures and analyst questions on November 6, 2025, NuScale shares fell more than 12% over two trading days.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NuScale Power Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603131258PRIMZONEFULLFEED9671439) on March 13, 2026, and is solely responsible for the information contained therein.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2619911143?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-14 00:58","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2619911143","market":"us","top_or_hot":-1,"title":"NuScale faces securities class action over USD 495 million ENTRA1 payment","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      NuScale faces securities class action over USD 495 million ENTRA1 payment\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        A securities class action, <em>Truedson v. <a href=\"https://laohu8.com/S/SMR\">NuScale Power</a></em>, No. 26-cv-00328 (D. Or.), was filed against NuScale, certain executives, and Fluor, alleging violations of the Securities Exchange Act of 1934. The suit concerns purchases of NuScale Class A common stock between May 13, 2025 and November 6, 2025, with a deadline of April 20, 2026 to seek lead plaintiff status. Plaintiffs allege NuScale misled investors about commercialization partner ENTRA1’s experience and about risks tied to the TVA-related deployment plan. NuScale reported third-quarter general and administrative expenses of USD 519 million, including a USD 495 million payment to ENTRA1 linked to the TVA agreement. After related disclosures and analyst questions on November 6, 2025, NuScale shares fell more than 12% over two trading days.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NuScale Power Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603131258PRIMZONEFULLFEED9671439) on March 13, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NuScale faces securities class action over USD 495 million ENTRA1 payment</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNuScale faces securities class action over USD 495 million ENTRA1 payment\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-03-14 00:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      NuScale faces securities class action over USD 495 million ENTRA1 payment\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        A securities class action, <em>Truedson v. <a href=\"https://laohu8.com/S/SMR\">NuScale Power</a></em>, No. 26-cv-00328 (D. Or.), was filed against NuScale, certain executives, and Fluor, alleging violations of the Securities Exchange Act of 1934. The suit concerns purchases of NuScale Class A common stock between May 13, 2025 and November 6, 2025, with a deadline of April 20, 2026 to seek lead plaintiff status. Plaintiffs allege NuScale misled investors about commercialization partner ENTRA1’s experience and about risks tied to the TVA-related deployment plan. NuScale reported third-quarter general and administrative expenses of USD 519 million, including a USD 495 million payment to ENTRA1 linked to the TVA agreement. After related disclosures and analyst questions on November 6, 2025, NuScale shares fell more than 12% over two trading days.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NuScale Power Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603131258PRIMZONEFULLFEED9671439) on March 13, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00B64PRP62.GBP","symbol_name":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (GBP) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260313:nNDL7D8rzl:1","article_id":"2619911143","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2619911143","pubTimestamp":1773421099,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"A securities class action, Truedson v. NuScale Power, No. 26-cv-00328 , was filed against NuScale, certain executives, and Fluor, alleging violations of the Securities Exchange Act of 1934. The suit concerns purchases of NuScale Class A common stock between May 13, 2025 and November 6, 2025, with a deadline of April 20, 2026 to seek lead plaintiff status. Plaintiffs allege NuScale misled investors about commercialization partner ENTRA1’s experience and about risks tied to the TVA-related deployment plan. NuScale reported third-quarter general and administrative expenses of USD 519 million, including a USD 495 million payment to ENTRA1 linked to the TVA agreement. After related disclosures and analyst questions on November 6, 2025, NuScale shares fell more than 12% over two trading days.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"IE00B64PRP62.GBP":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (GBP) ACC","SG9999014039.USD":"UNITED GLOBAL DURABLE EQUITIES (USDHDG) INC","SMZ":"Tradr 2X Short SMR Daily ETF","IE00B3QW5Z07.USD":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (USD) ACC","LU2095319765.USD":"Natixis Thematics Subscription Economy R/A USD","BK4585":"ETF&股票定投概念","SG9999014021.USD":"UNITED GLOBAL DURABLE EQUITIES (USDHDG) ACC","SG9999014005.SGD":"United Global Durable Equities Fund Acc SGD","IE00BGHQF748.EUR":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (EUR) ACC","LU2210150020.SGD":"Natixis Thematics Subscription Economy R/A SGD","SG9999014013.SGD":"United Global Durable Equities Fund Dis SGD","LU2210149790.SGD":"Natixis Thematics Subscription Economy R/A SGD-H","SMUP":"2倍做多SMR ETF-T-Rex","LU0314104364.USD":"MANULIFE GF AMERICAN GROWTH \"AA\" (USD) INC","SMU":"2倍做多SMR ETF-Tradr","SMR":"NuScale Power","BK4606":"AI电力股","BK4588":"碎股","BK4112":"金融交易所和数据","BK4182":"重型电气设备","IE00BKPKM429.USD":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC"},"translate_title":"NuScale面临4.95亿美元ENTRA1付款的证券集体诉讼","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SMU":0.6,"SMUP":0.6,"SMZ":0.6,"SMR":1.96},"content_text":"NuScale faces securities class action over USD 495 million ENTRA1 payment\n    \n\n        A securities class action, Truedson v. NuScale Power, No. 26-cv-00328 (D. Or.), was filed against NuScale, certain executives, and Fluor, alleging violations of the Securities Exchange Act of 1934. The suit concerns purchases of NuScale Class A common stock between May 13, 2025 and November 6, 2025, with a deadline of April 20, 2026 to seek lead plaintiff status. Plaintiffs allege NuScale misled investors about commercialization partner ENTRA1’s experience and about risks tied to the TVA-related deployment plan. NuScale reported third-quarter general and administrative expenses of USD 519 million, including a USD 495 million payment to ENTRA1 linked to the TVA agreement. After related disclosures and analyst questions on November 6, 2025, NuScale shares fell more than 12% over two trading days.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NuScale Power Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603131258PRIMZONEFULLFEED9671439) on March 13, 2026, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"policyRegulatory,event","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2619911143","isCrawlerRequest":true}