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Robbins LLP Urges SMR Stockholders to Contact the Firm for Information About the Class Action Against NuScale Power Corporation
Robbins LLP is urging stockholders of NuScale Power Corporation (NYSE: SMR) to contact the firm regarding a class action lawsuit. The lawsuit alleges that NuScale misled investors about its critical partnership with ENTRA1 Energy LLC, which supposedly would commercialize NuScale’s modular reactor technology. The complaint states that ENTRA1 lacked significant experience in nuclear power generation, leading to a massive increase in NuScale’s general and administrative expenses and a significant drop in stock price after the truth was revealed.