Faruqi & Faruqi LLP Reminds NuScale SMR Investors of Critical Securities Class Action Deadline

NEW YORK, NY – Investors who purchased shares of NuScale Power Corporation (NYSE: SMR) are being reminded of an important upcoming deadline in a securities class action lawsuit. The law firm Faruqi & Faruqi, LLP, a nationally recognized securities litigation firm, has issued a shareholder action notice informing investors of the April 20, 2026 deadline to seek appointment as lead plaintiff in a pending federal securities fraud lawsuit.

This reminder is especially important for shareholders who acquired NuScale SMR securities during the class period and may have suffered financial losses. According to the notice, eligible investors must act promptly to preserve their rights under federal securities laws.

Overview of the Securities Class Action Lawsuit

The lawsuit alleges that NuScale Power Corporation and certain of its executives made materially false and misleading statements regarding the company’s business operations, financial prospects, and contractual developments. Specifically, the complaint claims that investors were not fully informed about critical issues affecting the company’s performance and growth expectations.

NuScale Power Corporation, known for its development of small modular reactor (SMR) technology for nuclear energy generation, has been positioned as a key player in the clean energy transition. However, plaintiffs allege that during the relevant class period, company statements did not accurately reflect internal challenges and project uncertainties.

Alleged Misrepresentations and Omissions

The complaint filed in federal court asserts that NuScale made overly optimistic statements regarding:

• The viability and timeline of its key SMR projects
• Contractual commitments and customer agreements
• Financial sustainability and revenue projections
• Operational milestones and regulatory approvals

According to the lawsuit, when the truth about these matters was gradually disclosed to the market, NuScale’s stock price declined significantly, resulting in investor losses. Plaintiffs contend that the company’s public statements failed to adequately disclose material risks and challenges that ultimately affected shareholder value.

Who May Be Affected

Investors who purchased or otherwise acquired NuScale Power Corporation securities during the designated class period may be eligible to participate in the lawsuit. Those who experienced substantial financial losses may have the opportunity to seek appointment as lead plaintiff.

The role of lead plaintiff is significant. The lead plaintiff acts on behalf of the entire class in directing the litigation, working closely with counsel, and making strategic decisions related to the case. Courts typically appoint the investor or group of investors with the largest financial interest who also meet adequacy and typicality requirements under federal law.

Understanding the Lead Plaintiff Deadline

The deadline to file a motion for appointment as lead plaintiff is April 20, 2026. It is important to note that investors do not need to serve as lead plaintiff in order to share in any potential recovery. However, failure to take action before the deadline may limit certain rights related to participation in the leadership of the case.

Faruqi & Faruqi, LLP encourages affected shareholders to consult with experienced securities litigation counsel to better understand their options and legal rights.

About NuScale Power Corporation

NuScale Power Corporation is a nuclear technology company focused on the design and commercialization of small modular reactor systems. The company promotes its SMR technology as a safer, scalable, and more flexible alternative to traditional nuclear reactors. These reactors are intended to provide carbon-free electricity generation for utilities, industrial facilities, and remote locations.

As interest in renewable and low-carbon energy solutions has increased globally, NuScale has marketed itself as a leader in next-generation nuclear energy innovation. However, like many emerging technology companies, it faces complex regulatory requirements, high development costs, and significant project execution risks.

Market Volatility and Investor Impact

Shares of NuScale SMR have experienced notable volatility during the alleged class period. Market fluctuations, public disclosures, and earnings announcements have had a measurable impact on stock valuation. The lawsuit claims that corrective disclosures revealed previously undisclosed operational and financial challenges, contributing to price declines.

Investors who relied on company statements when purchasing shares may have been exposed to financial risk if those statements are ultimately proven to be materially misleading.

Legal Basis of the Claims

The securities class action is brought under provisions of the Securities Exchange Act of 1934. Plaintiffs allege violations of Sections 10(b) and 20(a), which prohibit fraudulent conduct and misrepresentation in connection with the purchase or sale of securities.

To prevail, plaintiffs must demonstrate that:

• Defendants made materially false or misleading statements or omissions
• The misrepresentations were made with scienter (intent or recklessness)
• Investors relied on those statements
• Economic losses occurred
• The losses were caused by the alleged fraud

Securities litigation of this nature often involves extensive document review, expert testimony, and financial analysis to establish causation and damages.

Role of Faruqi & Faruqi, LLP

Faruqi & Faruqi, LLP is a national securities litigation firm with a history of representing investors in complex shareholder disputes. The firm has recovered hundreds of millions of dollars for investors across various industries, including energy, technology, and healthcare.

The firm’s investigation into NuScale SMR includes reviewing public filings, earnings calls, regulatory disclosures, and analyst reports. By issuing this reminder notice, the firm seeks to ensure that affected investors are aware of their rights and the approaching deadline.

Commitment to Shareholder Rights

Faruqi & Faruqi emphasizes that corporate transparency and accountability are essential to fair and efficient capital markets. When companies allegedly fail to provide accurate and complete information, investors may pursue remedies through the federal court system.

The class action process allows shareholders to consolidate claims, reducing duplication and improving efficiency while providing a mechanism for collective recovery.

Why Timely Action Matters

Missing the April 20, 2026 deadline to seek lead plaintiff status does not automatically disqualify investors from potential recovery. However, acting promptly ensures that investors retain maximum legal options.

Investors who believe they may have been affected should gather documentation such as:

• Trade confirmations
• Brokerage account statements
• Records of purchase and sale transactions
• Correspondence related to investments

Such documentation is essential in calculating potential losses and determining eligibility for participation in the case.

Broader Implications for the Clean Energy Sector

The lawsuit involving NuScale SMR highlights broader challenges facing emerging clean energy and advanced nuclear technology companies. While investor enthusiasm for sustainable energy solutions remains strong, companies in this sector operate within highly regulated environments and must manage significant capital requirements.

Transparency regarding project timelines, regulatory approvals, and financing arrangements is critical. When expectations do not align with operational realities, market reactions can be swift and severe.

Investor Due Diligence in Emerging Technologies

Investing in innovative sectors such as advanced nuclear energy can present both opportunity and risk. Investors are encouraged to conduct thorough due diligence, review company filings with the U.S. Securities and Exchange Commission (SEC), and evaluate forward-looking statements carefully.

Forward-looking statements are often accompanied by cautionary language, but investors must assess whether risk disclosures adequately address material uncertainties.

Frequently Asked Questions (FAQs)

1. What is a securities class action lawsuit?

A securities class action lawsuit is a legal proceeding in which investors collectively bring claims against a company for alleged violations of securities laws, typically involving misleading statements or omissions.

2. Who qualifies to participate in this NuScale SMR lawsuit?

Investors who purchased or acquired NuScale Power Corporation securities during the designated class period and suffered financial losses may qualify.

3. What does it mean to be a lead plaintiff?

The lead plaintiff represents the interests of the class and works with attorneys to guide the litigation. Courts typically appoint the investor with the largest financial stake who meets legal requirements.

4. Do I have to be a lead plaintiff to recover damages?

No. Investors do not need to serve as lead plaintiff to share in any potential recovery if the case is successful or settled.

5. What is the deadline for action?

The deadline to file a motion for appointment as lead plaintiff is April 20, 2026.

6. How long do securities class actions typically take?

Securities class actions can take several years to resolve, depending on the complexity of the case, discovery process, settlement negotiations, and court schedules.

Conclusion

The reminder issued by Faruqi & Faruqi, LLP underscores the importance of vigilance in today’s dynamic investment landscape. Investors in NuScale SMR who believe they may have been impacted by alleged misrepresentations should carefully review their legal options before the April 20, 2026 deadline.

Securities markets rely on accurate disclosure and corporate accountability. When questions arise about transparency and investor protection, the class action mechanism provides a structured path toward potential redress. As the case proceeds, affected shareholders are encouraged to stay informed and act decisively to safeguard their financial interests.

For more information about federal securities laws and investor rights, individuals may consult resources available through the U.S. Securities and Exchange Commission at https://www.sec.gov.

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